701 Caves Highway, Cave Junction, OR 97523
- $295,900
Listing courtesy of eXp Realty, LLC.
- List Price
- $295,900
- Price Change
- ▼ $3,100 1779865533
- Status
- ACTIVE
- MLS#
- 220208860
- Acres
- 2.48
- Lot Size
- 108,028
- Year Built
- 1977
- subdivision
- Josephine Addition To Grants Pass
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 rented at $800 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!
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Additional Information
- Style
- Bungalow
- Stories
- One
- Foundation
- Block, Pillar/Post/Pier
- Roof
- Composition
- Flooring
- Vinyl
- Appliances
- Oven, Refrigerator
- Cooling
- None
- Heating
- Electric
- Water
- Well
- Sewer
- Septic Tank
- Elementary School
- Evergreen Elem
- Middle School
- Lorna Byrne Middle
- High School
- Illinois Valley High
Mortgage Calculator
The data relating to real estate for sale on this web site comes in part from the Internet Data Display (IDX) of the Southern Oregon Multiple Listing Service. Real estate listings held by brokerage firms other than our company are marked with the IDX logo and detailed information about them includes the name of the listing brokers. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information subject to change and should be independently verified. Listing content is copyright © 2018 SOMLS, Medford, Oregon. Last updated: