128 S Mountain AvenueAshland, OR 97520
Prime Investment & Development Opportunity in Ashland.
Well-maintained duplex located close to downtown offering immediate cash flow and long-term upside potential. Both units are rented at $1,450 per month ($2,900 total), with tenants paying all utilities, keeping operating expenses low. Property has an excellent rental history and is professionally managed.
Capital improvements include newer roof, vinyl windows, stainless appliances, gas log fireplace (rear unit), new water heater and additional updates.
Situated on a large approx. 0.27-acre R-3 high-density zoned lot, creating exceptional future redevelopment potential. The City of Ashland Planning Department indicates a 5.4 base density factor with potential for up to 20 units. (buyer due diligence required). For development details contact Aaron Anderson or Nick Schubert at City of Ashland Planning Department.
- Property Type:
Residential Income
- Architectural Style:
Ranch
- Bedrooms:
- Bathrooms:
0
- Dwelling Size:
0 SqFt
- Lot Size:
0.27 Acres
- Lot Description:
- Stories:
- Year Built:
1940
- Interior Features:
Ceiling Fan(s), Laminate Counters, Primary Downstairs, Shower/Tub Combo
- Exterior Features:
- Parking:
Garage or Parking Spaces:
Features: Detached, Driveway, Gravel, On Street, Workshop in Garage
- Area:
- Views:
Mountain(s), Neighborhood, Territorial
- Schools:
High School(s): Check with District
Middle School(s): Check with District
Elementary School(s): Check with District
- HOA:
- Senior Community:
- Heating:
Natural Gas,Wall Furnace,Other
- Cooling:
Wall/Window Unit(s)
- Appliances:
Cooktop, Dishwasher, Disposal, Oven, Range, Refrigerator, Water Heater
- Fireplace:
Fireplace(s):
Features: Gas,Living Room
- Accessibility:
- Security Features:
Carbon Monoxide Detector(s), Smoke Detector(s)
- Foundation:
Concrete Perimeter
- Roof:
Composition