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3251 Rogue River Highway

Grants Pass, OR 97527
  • $1,899,000
  • STATUS: Active
  • ON SITE: 61 Days
  • MLS #: 220179191
UPDATED: 28 min ago
$1,899,000
  • 0
    BEDS
  • 8.03
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 6,508
    SQFT
  • $292
    $/SQFT
Neighborhood:
N/A
Type:
Multi-Family
Built:
1969
County:
Area:

School Information

Elementary School:
Middle School:
High School:
Listing provided courtesy of eXp Realty, LLC :.

Description

Amazing investment opportunity with 12 units consisting of 7 individual cottages, 2 duplexes and one 3 bedroom home all set on 8 park like acres. Approx. $13,000 in rents and low expenses for a 6% cap rate using property management. Increased cap rate possible with next year's rent increases and self management. Constantly attracts tenants due to its spread out cottages in the trees and gorgeous grounds and beautifully maintained landscaping. The interiors of the cottages are updated, clean and full of charm. Many long-term tenants who have resided here for years. There is a nice community laundry facility with new coin-op washers and dryers. Many new roofs, new rain gutters, irrigation for watering, a great well, several fenced yards and updated interiors, and a common area. New ductless mini split HVAC units.

Monthly Payment Calculator

Central Oregon Association of Realtors logo © 2024 Oregon Datashare (KCAR | MLSCO | SOMLS). All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Oregon Datashare. Real estate listings held by IDX Brokerage firms other than FORD REAL ESTATE are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about them includes the name of the listing Brokers. Information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. The consumer will not copy, retransmit nor redistribute any of the content from this website. Information provided is deemed reliable, but not guaranteed. Listing courtesy of FORD REAL ESTATE. Data last updated: .2024-05-26T11:51:12.12
www.propertyofsouthernoregon.com/homes/148879527
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3251 Rogue River Highway Grants Pass, OR 97527

  • Price: $1,899,000
  • Status: Active
  • On Site: 61 Days
  • Updated: 28 min ago
  • MLS #: 220179191
0
Beds
0
Baths
0
½ Baths
8.03
Acres
6,508
SQFT
$292
$/SQFT
1969
Built
Neighborhood:
N/A
County:
Josephine
Area:
Grants Pass
Elementary School:
Fruitdale Elem
Middle School:
Lincoln Savage Middle
High School:
Hidden Valley High
Property Description
Amazing investment opportunity with 12 units consisting of 7 individual cottages, 2 duplexes and one 3 bedroom home all set on 8 park like acres. Approx. $13,000 in rents and low expenses for a 6% cap rate using property management. Increased cap rate possible with next year's rent increases and self management. Constantly attracts tenants due to its spread out cottages in the trees and gorgeous grounds and beautifully maintained landscaping. The interiors of the cottages are updated, clean and full of charm. Many long-term tenants who have resided here for years. There is a nice community laundry facility with new coin-op washers and dryers. Many new roofs, new rain gutters, irrigation for watering, a great well, several fenced yards and updated interiors, and a common area. New ductless mini split HVAC units.
Exterior Features

Architectural Style Cottage/Bungalow Construction Materials Frame Foundation Details BlockPillar/Post/Pier Levels One Parking Details Numberof Other Parking 7 Parking Features Driveway Roof Composition

Interior Features

Cooling Heat Pump Flooring CarpetLaminate Heating ElectricHeat Pump

Property Features

Additional Parcels YN No Association YN No CCAnd Rs YN No FIRPTAYN No Listing Terms CashConventional New Construction YN No Property Sub Type Multi Family Sewer Septic Tank Sign On Property YN Yes Special Listing Conditions Standard Tax Annual Amount 2069.15 Tax Year 2023 Water Source Well Zoning Rr5; Rural Res 5 Ac

Listing information © 2024 MLS of Central Oregon
Listing provided courtesy of eXp Realty, LLC :.

Central Oregon Association of Realtors logo © 2024 Oregon Datashare (KCAR | MLSCO | SOMLS). All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Oregon Datashare. Real estate listings held by IDX Brokerage firms other than FORD REAL ESTATE are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about them includes the name of the listing Brokers. Information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. The consumer will not copy, retransmit nor redistribute any of the content from this website. Information provided is deemed reliable, but not guaranteed. Listing courtesy of FORD REAL ESTATE. Data last updated: .2024-05-26T11:51:12.12
 
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FORD REAL ESTATE
624 S. Riverside Ave
Medford OR, 97501
Listing provided courtesy of eXp Realty, LLC :.