Description
Fantastic investment opportunity for 8 stick built homes and a duplex on over 2 acres of commercially zoned property in East Medford, with potential for future development due to zoning! Most, if not all units have been rehabbed, or are in the process of being rehabbed. All units have separate electrical meters. Highly desirable location close to amenities such as parks, dining, and shopping. The property also offers a sense of privacy with its mature trees surrounding the area. With a great cap rate, this property is an excellent investment opportunity for those looking for a profitable rental business.
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0BEDS
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2.24ACRES
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0BATHS
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01/2 BATHS
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6,086SQFT
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$311$/SQFT
School Information
Description
Fantastic investment opportunity for 8 stick built homes and a duplex on over 2 acres of commercially zoned property in East Medford, with potential for future development due to zoning! Most, if not all units have been rehabbed, or are in the process of being rehabbed. All units have separate electrical meters. Highly desirable location close to amenities such as parks, dining, and shopping. The property also offers a sense of privacy with its mature trees surrounding the area. With a great cap rate, this property is an excellent investment opportunity for those looking for a profitable rental business.
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