858 Reese Street

Description

This fourplex near downtown Silverton presents an exceptional investment opportunity with strong income potential and room for expansion. The property features three charming, turnkey 1BR/1BA units, each thoughtfully designed with custom built-ins, hand-plastered walls, solid wood finishes, bonus and storage spaces, individual furnaces, and individual laundry areas. A fourth unit is currently under renovation, offering immediate value-add potential. Additionally, there is an approximately 1,000 sq. ft. garage with the potential to be converted into a fifth apartment unit, creating even greater income opportunity. One unit features a dramatic multi-level solarium with outstanding solar gain, ideal for a greenhouse, studio, or sunroom. Situated on a large corner lot where the zoning also allows for an ADU by right, providing additional development flexibility. Seller financing is available — bring all offers!