1250 Madison St, Klamath Falls, OR 97603

Two homes on one large suburban lot! Rare, hard-to-find acreage located off Shasta Way in Klamath Falls can now be yours! Priced to sell and ready for new owners. Both homes are currently rented. 3bed, 1bath 1440 sf 1970 manufactured home with a fenced yard. Well maintained and clean unit. Brand new flooring and fresh paint. Separate living, dining and family room areas. Separate laundry room with space for a second fridge. In-ground sprinklers for low maintenance yard. Storage shed. Forced air heat. The second unit is a one bed one bath 958 sf home with a private yard. It has a walk in pantry, large closet, fresh paint, and new carpet. Both units are on their own meters and billed separately. Both homes are on a private well. The property also includes a large 4 car garage/shop which has been rented in the past but is currently used by the owners. The property could be developed or left as-is, producing income with a cap rate of about 5-6%