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Justin Burton

justin.burton@exprealty.com +1(541) 660-0121

$ 295,900

Est. payment | -/mo

2,336 SqFt

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$ 295,900

Est. payment | -/mo

Save

2,336 SqFt

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,336 sqft

Price per Sqft $126

Subdivision Josephine Addition To Grants Pass

MLS Listing ID 220208860

Style Bungalow

Year Built 1977

Annual Tax Amount $1,886

Lot Size 2.480 Acres

Acres 2.48

Lot Dimensions 2.48

Property Sub-Type Quadruplex

Property Description

Investor Alert! This 4-unit income property on 2.48 acres with RR5 zoning in Cave Junction is a rare find. The property includes 3 income-producing units plus one recently remodeled and currently vacant unit, perfect to live in while collecting rents from the others, or lease all four for maximum return. Features include two 1 bed/1 bath cottages renting at $825 each, a refreshed 2 bed/1 bath cottage (previously rented at $875) with new appliances and flooring, and a 2 bed/1 bath 1,056 sq. ft. modular home renting for $1,000. Supported by a shared well and two septic systems, all tenants are on month-to-month agreements. Conveniently located off Hwy 199 next to the fire station, this strong income producer delivers immediate cash flow with excellent potential for future value-add. Don't miss this solid investment! Owner Will Carry!

Location

State OR

County Josephine

Community Josephine Addition To Grants Pass

Interior

Heating Electric

Cooling None

Exterior

Parking Features Driveway, Shared Driveway

Roof Type Composition

Building

Lot Description Level

Foundation Block, Pillar/Post/Pier

Water Well

Architectural Style Bungalow

Level or Stories One

Structure Type Frame

New Construction No

Schools

High Schools Illinois Valley High

Others

Senior Community No

Tax ID R330405

Security Features Carbon Monoxide Detector(s),Smoke Detector(s)

Acceptable Financing Cash, Conventional, Owner Will Carry, Private Financing Available

Listing Terms Cash, Conventional, Owner Will Carry, Private Financing Available

Special Listing Condition Standard

Listed by eXp Realty, LLC

Nearby Locations

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Justin Burton

Lic# 201217253

justin.burton@exprealty.com

+1(541) 660-0121

6080 Monument Dr, Grants Pass, OR, 97526, USA

701 Caves HWY Cave Junction, OR 97523

Justin Burton

Key Details

Location

Interior

Exterior

Building

Schools

Others

Nearby Locations

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701 Caves HWY