2451 BIEHN STKlamathFalls, OR97601
$940,000
9 total units
$77,331 annual income
Capitilization Rate: 6.04
5370 sq. ft
0.38 acres
SqFt15000to19999
Elementary School: Pelican
Middle School: Ponderosa
High School: Klamath Union
Zoning: NC
186 days on market
VestorFilter™
Price per unit$104.4K/unit
Price per ft²$175.05/ft²
Recent price drop$50,000
Price per acre$2.47M/ac
Time on market186 days
Property Description
Investment opportunity featuring 3 lots with 9 charming cottages. These cottages boast modern updates, including updated sewer & supply lines, roof replacements as needed, comprehensive renovations in most units. Situated near the serene Klamath Lake (great bird watching), and close to city conveniences, this property offers an ideal blend of tranquility and accessibility. Detailed information is available in the marketing package included with the listing. Don't miss out on this unique chance to invest!
{{ compliance-logo }}Listing Provided By Cambern Homes
Financial Data
Date Sold2024-10-31
Sold Price$850,000
Price ChangeDropped $50,000 on 11/01/2024
Total $50,000 drop
Total $50,000 drop
Original Price$990,000
Current Price$940,000
Property Taxes$3,506
Find On Map
Home Facts
StatusSold
Year Built1950
Exterior Features
MLS ID24472814
Unit Details
Unit 1
Unit 2
Unit 3
Unit 4
Unit 5
Unit 6
Unit 7
Unit 8
Unit 9
