• Asking Price $470,000
  • Estimated Value: $351,506
  • 1222 SUMMERS LN KLAMATH FALLS, OR 97603

  • 8 Beds 4 Baths 3,840 SqFt
  • Single Family Home / For Sale by Owner

Property Details for 1222 SUMMERS LN, KLAMATH FALLS, OR 97603

Features

  • Price/sqft: $122
  • Lot Size: 6098
  • Total Rooms: 5
  • Stories: 100
  • Roof Type: Composition Shingle
  • Heating: Forced air unit
  • Exterior Walls: Wood

Facts

  • Year Built: 01/01/1981
  • Property ID: 764425135
  • Parcel Number: R696802
  • Property Type: Single Family Home
  • County: KLAMATH

Description

This property is offered for sale directly by the owner. For Sale By Owner homes, also known as FSBOs, can be a good buying opportunity, because the owner will save up to 6% when there are no brokers involved in the transaction. This leaves more room for price negotiation and potential buyer savings.

This listing is NOT a foreclosure. Two duplexes side-by-side on 2 separate tax lots. Purchase both for $470,000 or one for $235,000. All have gas heat with carports for 4 vehicles with small storage units. Each has a fenced backyard. All are well-maintained. New windows throughout. Three units have been updated with new bathroom cabinets and flooring. Nice size pantries in each unit. Some units have tile or vinyl plank flooring in living room and kitchen areas. One duplex has a three year old roof. Nicely landscaped courtyards. Long-term rental history with low turn-over rate. Owner lives in one unit. Quiet neighborhood that backs up to Steens Sportpark.Two units rent for $800 each. One for $600 (with long term anchor tenant) but easily could rent for $800 as it is the same size as the others. Each unit is 900+ sq. ft. Units 1206-1210 assessors parcel #705525: Taxes = $2800 (city) Units #1218-1222 tax lot #696802: Taxes = $2800. professional appraisal done. With all four units renting for $800 each, the total gross rents for the year equals $38,400. Cash offers or pre-approved buyers only.

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