0.27 Acres in Ashland, OR - $855,000

Ranch, Multi Family - Ashland, OR

Great Investment Opportunity located close to downtown Ashland. Nicely maintained duplex with lots of updating done and with an excellent rental history. Both units are currently rented at $1,400 & $1,450 per month, with only landscape maintenance included in the rent. Tenants pay for all utilities (water, sewer, gas and electric). These units are professionally managed. Updating includes a new roof, new vinyl windows, some new stainless appliances, gas log fireplace in back unit, new water heater and etc. This duplex is situated on a large R-3 high density zoned lot with approximately 0.27 acres. Per the City of Ashland Planning Department, this property has multiple options for development with a 5.4 base density factor.. Contact Aaron Anderson with the City of Ashland Planning Dept. to discuss the multiple options available for this high density lot.