1320 SUMMERS LNKlamathFalls, OR97603

$374,997
2 total units
$10,080 annual income
Capitilization Rate: 2.05
1846 sq. ft
SqFt10000to14999
Elementary School: Shasta
Middle School: Brixner
High School: Mazama
Zoning: A
29 days on market

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Price per unit$187.5K/unit
Price per ft²$203.14/ft²
Recent price drop$5,000
Price per acre$1.56M/ac
Time on market29 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..

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Financial Data

Price ChangeDropped $5,000 on 05/17/2024
Total $25,000 drop
Original Price$399,997
Current Price$374,997
Property Taxes$2,380

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Home Facts

StatusActive
Year Built1972
Stories1
Exterior Features
MLS ID24005141

Unit Details

Unit 1
Unit 2
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