2530 GETTLE STKlamathFalls, OR97603

$324,000
3 total units
$24,000 annual income
Capitilization Rate: 5.95
1520 sq. ft
SqFt5000to6999
Elementary School: Ferguson
Middle School: Brixner
High School: Mazama
Zoning: RS
111 days on market
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Price per unit$108K/unit
Price per ft²$213.16/ft²
Time on market111 days

Property Description

Rare opportunity for two nicely maintained homes on one property. Both were refurbished in 2020 and have strong rental history, approximately $2000 per month. Main residence is a blend of original charm and modern updates, with two bedrooms, one bathroom, and a semi-attached garage. It has lovely original hardwood floors, cove ceilings, arched passageways, a clawfoot tub with original brass plumbing, handy built-in storage, and several other original features. A new forced air gas furnace and dishwasher were installed in 2020, and a new water heater was added in 2023. It has newer vinyl windows, stainless steel refrigerator and dishwasher, butcher block countertops, and a newly refreshed laundry/utility/mudroom. The second residence has one bedroom, one bathroom, full laundry hookups, and a spacious carport. Updates include a new gas furnace (2020), premium laminate flooring, butcher block countertops, subway tile shower, new rear entryway, and new roofing. Both residences are move-in ready. Live in one while renting the other, use for family, or rent both as a turnkey investment. Owner is a licensed Oregon real estate broker.

{{ compliance-logo }}Listing Provided By Johnson Group Real Estate, LLC

Financial Data

Date Sold2024-03-22
Sold Price$295,000
Original Price$324,000
Current Price$324,000
Property Taxes$1,325

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Home Facts

StatusSold
Year Built1941
Stories1
Exterior Features
MLS ID24616805

Unit Details

Unit 1
Unit 2