Property details for 86 S Mountain Avenue, Ashland, OR 97520

Rare, large, close in, 1.36 acre parcel of R3 land in Ashland w/ existing income! This listing includes 4 tax lots described as 86, 88, 108 and 120 S Mountain Ave in Ashland. There are 2 single family homes (120 & 88), a 5-plex (86) and a triplex (108). The total annual income is $96,900. R-3 zoning provides an excellent opportunity for investment and development. The grounds are very well kept and the buildings are in good condition. The units, for the most part, are all on the street leaving the backside open for development of additional units. Lots of parking, storage sheds, lush lawn in the back, possible common area. Great location close to downtown, garfield park and SOU. Rare to find a piece of contiguous land in Ashland, with room for development and also brings in a great income while you make your development plans. Or just collect the rent and add a few more units. Please don't bother tenants.