1320 SUMMERS LNKlamathFalls, OR97603

$389,997
2 total units
$10,080 annual income
Capitilization Rate: 1.97
1846 sq. ft
0.24 acres
SqFt10000to14999
Elementary School: Shasta
Middle School: Brixner
High School: Mazama
Zoning: A
14 days on market

VestorFilter™

Price per unit$195K/unit
Price per ft²$211.27/ft²
Recent price drop$10,000
Price per acre$1.62M/ac
Time on market14 days
1320 SUMMERS LN (1 of 19)

Property Description

Hurry on this one! AFFORDABLE Opportunity to own this 4 bedroom/ 3 bath duplex that feels like 2 separate homes. The larger unit has 3 bedrooms, 2 baths, open floor plan. Beautiful floors throughout. This shows wonderful and is ready for you to move in! The other unit (one bedrooms, one bath) is vacant. Potential rent income of $3,000 a month. Or more if Airbnb?? One bedroom can rent est. for $1000. Perfect for college students. Vacant larger unit estimated to rent at $2,000. Both units have private fenced yards. Both have central air conditioning. Great close in area! This presents a great investment opportunity for Living in one unit and having renters, particularly college students. Buyer to verify rents, etc..

{{ compliance-logo }}Listing Provided By RE/MAX Equity Group

Financial Data

Price ChangeDropped $10,000 on 05/04/2024
Total $10,000 drop
Original Price$399,997
Current Price$389,997
Property Taxes$2,380

Find On Map

Home Facts

StatusActive
Year Built1972
Stories1
Exterior Features
MLS ID24005141

Unit Details

Unit 1
Unit 2
Reset