531 N 11TH ST
KLAMATH FALLS, OR 97601

$649,000

0 Beds

0 Baths

4,105 Sq Ft

Status Active

MLS# 220183003

Check out this prime investment opportunity on a well cared for 5-unit, 2-building apartment complex. Located close to downtown, near OIT, Jeld-Wen, Kingsley Air Base and Sky Lakes Medical center in Klamath Falls, OR. Recently remodeled units contain; two 2BD/1BA units, and three 1BD/1BA units plus 4 garage with parking spaces. Renovations include; electrical panels upgraded and partial roof coating. Shared coin operated laundry for your tenants. Electric on separate meters for individually tracked/managed power bills for each unit, plus owner meter for tenant shared area. Consistent rental history. Cash or Commercial loan, unless buyer can work out a conventional loan with lender. 5th Unit (#533.5 is 750 SQFT. 1BD/1BA, rent=760/mo.

Details for 531 N 11TH ST

$158 / Sq Ft

4 parking spaces

Baseboard, Ductless, Electric, Forced Air, Natural Gas, Wood

13 Days on website

0.13 acres lot

Interior

Appliances

Dishwasher, Disposal, Dryer, Oven, Range, Range Hood, Refrigerator, Washer, Water Heater

Fireplace Features

Living Room

Flooring

Carpet, Other, Tile, Vinyl

Living Area

4,105 SqFt.

Building And Construction

Number Of Units Total

Property Sub Type

Multi Family

Property Type

Residential Income

Security Features

["Carbon Monoxide Detector(s)", "Smoke Detector(s)"]

Window Features

Aluminum Frames, Double Pane Windows, Vinyl Frames

Year Built

1930

Exterior And Lot

Exterior Features

Patio

Garage Spaces

Lot Features

Level

Lot Size Acres

0.13

Lot Size Square Feet

5663

Parking Features

Attached, Detached, Driveway, Garage Door Opener, On Street

Parking Total

Zoning

R/A

Utilities

Cooling

["None"]

Heating

Baseboard, Ductless, Electric, Forced Air, Natural Gas, Wood

Area And Schools

City

Klamath Falls

County Or Parish

Klamath

Elementary School

Check With District

High School

Check With District

Middle Or Junior School

Check With District

Subdivision Name

Klamath Falls -Nichols Addition

Financial Info

Buyer Agency Compensation^*

2.5%

^*The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

Tax Annual Amount

$3,523.59

Tax Year

2023

Details for 531 N 11TH ST

Interior

Building And Construction

Exterior And Lot

Utilities

Area And Schools

Financial Info

Area Information for 531 N 11TH ST