Discover a solid investment opportunity with this 2005-built, low-maintenance 3 beds, 2 baths per unit duplex. With a 6% capitalization rate, this property is designed for strong financial performance from day one. An annual gross income of $40,368 against estimated operating expenses of under $10k. With a standard 30% down payment, the net operating income covers the projected annual debt service, ensuring this asset remains cash-flow positive the moment you close escrow. This duplex represents a rare combination of immediate stability and long-term wealth building for the savvy investor.
Excellent investment & return in a excellent Central Point location. One-owner property since construction in 2006, This well-maintained 8-unit property offers a strong history of occupancy with long-term, stable tenants & very limited vacancy--an attractive option for the investor seeking a solid, low-maintenance asset with no significant deferred maintenance. All units are in good condition, with approximately four featuring updated LVP flooring. Functional floor plans offer open kitchens with abundant storage, private patios & individual exterior storage closets. Covered tenant parking plus a large parking area provides ample visitor parking. Photos shown represent one unit; condition and finishes vary slightly by unit. No HOA. A quality multifamily investment combining desirable location, tenant stability, low historical vacancy, well landscaped, & pride of ownership.
Stunning 2024 custom-built 3 bed, 2 1/2-bth home (1536 sq ft main home). In back of the home is an attached oversized 2 car finished garage w/stairs on the outside leading to a fully separate 1 bed/1 bath ADU (420 sq ft) w/kitchen, laundry, +more. Incredible Location! Investors seeking rental income, or a homeowner accommodating a family member, or live in one and rent the other! Loaded w/Upgrades: Granite countertops, SS appliances, custom cabinets, vinyl plank flooring, electrical upgrades, upgraded lighting & plumbing fixtures, & much more. The master suite is on the main level & has a walk-in closet, walk-in shower, & dual sinks. Only minutes to I-5 freeway, Water Park, Costco, schools, parks, more. Verifiable rental income ($2,240 a month on home and $1,395 a month on ADU.)
Wow! If you are looking for a great investment property, this is it! For the first time ever on the market this gem is family built and owned for all of these years! Sitting on a large corner lot with .45 acres is 2 separate duplex's making this a 4 total-unit property. One building was built in 1965 and the other was 1967. Each unit has 2 bedrooms, 1 bath, laundry hook up's and just under 1000 square feet each. Original cabinetry and various updates over the years, galley kitchens, large living rooms and nice sized dining area's, bonus is hardwood floors 'may' be hiding under carpeting in some areas, some is exposed. All 4 have a nice size carport and there is plenty of parking within the land giving this so much potential. Grassy areas in front of 3 units. Excellent rental history! Check with city about potential partition if looking to expand or whether they will allow garages etc. Zoning is R 1-6. Buyer do due diligence on all aspects of property and buildings.
20 unit apartment complex, recreation room, inground pool. Units are single level flats with 2 bedrooms, 1 bath, electric baseboard or ceiling cable heat, wall air conditioner. patio or deck. Rental rates range from $745 to $ 1,095 per month. Tenants are also responsible for their portion of water and sewer expenses which ranges from $45 to $60 per month. There are 5 two story buildings with 4 units in each building. Each unit has approximately 896 square feet. Rental rates produce monthly gross rents of $19,496 and $944 reimbursement for water and sewer. Tenants each have 2 parking spaces.
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Central Point is located in Oregon. Central Point, Oregon has a population of 18,948. Central Point is more family-centric than the surrounding county with 35.61% of the households containing married families with children. The county average for households married with children is 27.52%.
The median household income in Central Point, Oregon is $73,534. The median household income for the surrounding county is $61,020 compared to the national median of $69,021. The median age of people living in Central Point is 39.7 years.
The average high temperature in July is 89.8 degrees, with an average low temperature in January of 31.1 degrees. The average rainfall is approximately 22.5 inches per year, with 3.3 inches of snow per year.