1206 Summers Ln, Klamath Falls, OR 97603

Excellent investment opportunity. Two duplexes side-by-side on 2 separate tax lots. Will sell one for $235,900 or both for $465,000. Very stable income producing stream with great rental history. Located on quiet dead-end street across from Steens Sports Park. All have gas heat with carports for 4 vehicles and 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. Owner lives in one unit. One unit rents for $850. Second unit for $800. Third for $600 (with long term anchor tenant) but easily could rent for $850 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 $850 each, the total gross rents for the year could easily be $40,800. Cash offers or pre-approved buyers only. Realtors welcome!