1169 Iowa Street, Ashland, OR 97520

$1,200,000

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Listing courtesy of Gateway Real Estate.

List Price
$1,200,000
Status
ACTIVE
MLS#
220224634
Acres
0.13
Lot Size
5,662
Year Built
2016
subdivision
N/A

Property Description

Rare Ashland investment opportunity, three modern townhomes built in 2016, each on its own separate tax lot, offered together as a package. Every unit is a spacious 3-bedroom, 2-full-bath, a hard-to-find configuration in the local rental market. Unit 1173 offers 1,280 sf and a two-car garage, while 1169 and 1171 each offer 1,188 sf and a one-car garage. Turnkey interiors feature stainless steel appliances, warm shaker cabinetry, and 100% solid surface flooring, no carpet anywhere. Current rents total $6,605/month with near-zero vacancy since construction, a track record of dependable income that speaks for itself. Individual tax lots offer long-term flexibility that is rarely found in multi-unit properties. Ideal for the investor seeking newer, low-maintenance construction, or an owner-occupant living in one unit while the other two help pay the mortgage. Close to SOU, downtown, and everyday amenities. Not to be sold separately.

Additional Information

Style
Contemporary, Craftsman
Stories
Two
Foundation
Concrete Perimeter
Roof
Composition
Flooring
Simulated Wood, Vinyl
Interior Features
Shower/Tub Combo, Fiberglass Stall Shower
Appliances
Dishwasher, Dryer, Microwave, Oven, Refrigerator, Washer
View
Mountain(s), Territorial, Neighborhood
Cooling
Central Air
Heating
Forced Air, Natural Gas
Water
Public
Sewer
Public Sewer
Elementary School
Check With District
Middle School
Ashland Middle
High School
Ashland High

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Calculator source: Real Geeks

The data relating to real estate for sale on this web site comes in part from the Internet Data Display (IDX) of the Southern Oregon Multiple Listing Service. Real estate listings held by brokerage firms other than our company are marked with the IDX logo and detailed information about them includes the name of the listing brokers. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information subject to change and should be independently verified. Listing content is copyright © 2018 SOMLS, Medford, Oregon. Last updated: