1741 Rogue River Highway, Grants Pass, OR 97527

$599,000

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Listing courtesy of RE/MAX Integrity Grants Pass.

List Price
$599,000
Status
ACTIVE
MLS#
220225669
Acres
0.34
Lot Size
14,810
Year Built
1963
subdivision
N/A

Property Description

Investor Alert! Income-Producing Rental Units on One Parcel.Exceptional investment opportunity featuring five rental units on a single parcel with proven cash-flow potential. The property includes a stick-built duplex, two extensively updated manufactured homes, and a renovated park-model tiny home, offering a diverse mix of rental options. With long-term tenants in place, numerous recent improvements, and a strong history of consistent returns, this is a true turnkey investment property. For additional development potential, the adjoining parcel at 1550 Carnahan Drive is also available. According to information provided to the seller, the city will allow construction of a fourplex on that parcel with removal of the existing home. Buyers are encouraged to verify all development possibilities with the appropriate local agencies. The seller is willing to offer a discounted package price for purchasers who acquire both properties together, creating an outstanding rental portfolio.

Additional Information

Style
Traditional
Stories
One
Foundation
Block, Pillar/Post/Pier
Roof
Composition, Metal
Flooring
Laminate
Interior Features
Ceiling Fan(s), Laminate Counters, Linen Closet, Pantry, Shower/Tub Combo, Fiberglass Stall Shower, Vaulted Ceiling(s)
Appliances
Cooktop, Oven, Refrigerator, Range Hood, Water Heater
View
Mountain(s), Neighborhood
Cooling
Central Air, Heat Pump, Ductless
Heating
Ductless, Electric, Forced Air, Heat Pump, Natural Gas
Water
Shared Well, Well
Sewer
Public Sewer
Elementary School
Fruitdale Elem
Middle School
Lincoln Savage Middle
High School
Hidden Valley High

Mortgage Calculator

Amount of Loan
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Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

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: