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4BR Home in Klamath Falls , OR
About This Property
🏡 MORBY METHOD or LEASE-TO-OWN | $23K UNDER APPRAISAL | Klamath Falls, OR 520 Hillside Ave, Klamath Falls, OR 97601 4 bed / 2 bath · ~2,388 sq ft · 10,018 sq ft lot · built 1959 · 2-car attached garage · oversized view deck · Hillside location close to Sky Lakes, OIT and downtown GREAT CO-LIVING OPPORTUNITY Minutes from Oregon Tech (OIT) and Sky Lakes Medical Center, with 4 bedrooms and 2 baths. A natural fit for renting by the room to traveling nurses, medical staff and students. OPTION 1: MORBY METHOD • Purchase price: $475,000. Recently appraised at Contact for details. • Note: the MLS and public listings show Contact for details which includes a buyer's agent's compensation. The $475,000 Morby Method price is for direct buyers working with us, with no buyer's agent. • Buyer's new first-position loan pays off the existing ~Contact for details mortgage • Contact for details cash to seller at closing • Seller carries the remaining ~Contact for details as a second at 0% interest, NO monthly payments, one payoff at 24 months • Closes through title/escrow That's about $338k in new financing plus a 0%, no-payment seller second, on a home that appraised $23k above the price. OPTION 2: LEASE-TO-OWN • Contact for details down as a non-refundable option payment (down payment fee), credited toward the purchase price • Move in or start renting rooms now, then buy later • Purchase price, monthly lease payment and option term to be discussed with serious buyers • Option payment handled through title/escrow Photos & details: https://byowneroregon.com/listing/520-hillside-ave-klamath-falls-oregon-lst_muc4 Buyer to do their own due diligence, including inspections, financing, zoning, and any rental or co-living use. All information is believed accurate but is not guaranteed. Serious buyers only. Please show a pre-approval or proof of funds. DM me or call/text Marcus at (786) 322-3646.
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