



Investor opportunity with owner-financing potential! This spacious two-bedroom ground-floor unit comes with four separate studios on the second floor, plus a large garage. While the property requires some renovations, it currently generates an impressive annual income of $48,900, with a net profit over $38,000 annually, based on existing rents and condition. Enjoy the benefits of 100% occupancy and low turnover rates. Current rents are $1470, $675, $660, $650 and $620. Seize this unique chance to own five rental units in one property! This property is non-conforming and will likely not qualify for traditional financing, but there is potential for owner financing (terms subject to negotiation with current lender). Sold as-is.
| Type | School name | District name |
|---|---|---|
| High | South Medford High | Not available |
| Elementary | Jackson Elem | Not available |
| Middle | McLoughlin Middle | Not available |
| Juniorhigh | McLoughlin Middle | Not available |
| Year | Tax amount | |
|---|---|---|
| 2025 | USD $2499 | NZD $4,388* |
*Converted price in your currency provided by Open Exchange Rates. Exchange rates are subject to continuous change. Neither realestate.co.nz nor its affiliates guarantee that the conversion reflects current conversion rates and are not responsible for any inaccuracies. realestate.co.nz recommends that you independently verify any information before relying on it.
Email enquiry to Millen Property Group
Property ID: 110107061300
Original Property ID: 3yd-ODOR-220218682