$350,000
$387,000
9.6%For more information regarding the value of a property, please contact us for a free consultation.
507 Eldorado AVE Klamath Falls, OR 97601
3,296 SqFt
Key Details
Sold Price $350,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,296 sqft
Price per Sqft $106
Subdivision Klamath Falls -Hot Springs Addition
MLS Listing ID 220109877
Sold Date 11/30/21
Style Traditional
Year Built 1938
Annual Tax Amount $4,645
Lot Size 7,840 Sqft
Acres 0.18
Lot Dimensions 0.18
Property Description
Now Available Independently! Fantastic investment opportunity with charm and character to spare. Well maintained and easily rented. Beautiful and durable - hardwood floors and tile finishes set these units apart. Desirable location close to OIT, Downtown, and Sky Lakes Medical leads to an exceptionally low turn over rate and many long term tenants. Yard and common outdoor dining/bbq. Considerable storage space and garages for each unit. Roughly finished basement and extra full bath has potential to be converted to a manager's unit. Buyer to verify. Due to shared amenities, Seller prefers to sell this with adjacent 4-plex a 1901 Auburn. If bought together, asking sales price is discounted to $749,000 for both properties. Currently, 507 N Eldorado and 1901 Auburn share a Geothermal Well and Hot Water Well Agreement as well as laundry, BBQ, and outdoor space. If bought independently, buyer responsible for due diligence regarding separation.
Location
State OR
County Klamath
Community Klamath Falls -Hot Springs Addition
Direction Corner of Auburn and Eldorado
Rooms
Basement Exterior Entry, Finished, Full
Interior
Interior Features Built-in Features, Shower/Tub Combo, Tile Counters, Tile Shower
Heating Geothermal, Hot Water
Cooling None
Window Features Wood Frames
Exterior
Exterior Feature Courtyard, Patio
Parking Features Alley Access, Assigned, Concrete, Detached, On Street
Roof Type Asphalt,Composition
Building
Lot Description Fenced, Garden, Landscaped, Sprinkler Timer(s), Sprinklers In Front, Sprinklers In Rear
Entry Level Two
Foundation Stemwall
Water Public
Architectural Style Traditional
Structure Type Frame
New Construction No
Schools
High Schools Klamath Union High School
Others
Senior Community No
Tax ID R-3809-028CB-05100-000
Security Features Carbon Monoxide Detector(s),Smoke Detector(s)
Acceptable Financing Cash, Conventional, Owner Will Carry
Listing Terms Cash, Conventional, Owner Will Carry
Special Listing Condition Standard
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