Description
Great multi-family investment opportunity with this .58 acres in the City of Medford surrounded by Apartments, Townhomes & Single Family Residences. This property provides multiple investment opportunities. Option #1 Refurbish the existing duplex and construct 8 additional 2 bedroom one bath new units for a total of 10 units. Option #2 Remove existing duplex and construct 12 new units. Owner has hired Oregon Architecture to work with the city to combine the 3 existing lots into one and to obtain all entitlements for the proposed development. Site plan, elevations and landscape design has been completed and submitted to the city for review. All new units are 2 bedroom 1 bath approximately 850 square feet. Attached rendering shows potential use of the property only.
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2BEDS
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0.58ACRES
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2BATHS
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01/2 BATHS
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1,042SQFT
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$336$/SQFT
School Information
Description
Great multi-family investment opportunity with this .58 acres in the City of Medford surrounded by Apartments, Townhomes & Single Family Residences. This property provides multiple investment opportunities. Option #1 Refurbish the existing duplex and construct 8 additional 2 bedroom one bath new units for a total of 10 units. Option #2 Remove existing duplex and construct 12 new units. Owner has hired Oregon Architecture to work with the city to combine the 3 existing lots into one and to obtain all entitlements for the proposed development. Site plan, elevations and landscape design has been completed and submitted to the city for review. All new units are 2 bedroom 1 bath approximately 850 square feet. Attached rendering shows potential use of the property only.
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