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926 NE D Street

Grants Pass, OR 97526
  • $1,450,000
  • STATUS: Active
  • ON SITE: 33 Days
  • MLS #: 220180668
UPDATED: 144 min ago
$1,450,000
  • 0
    BEDS
  • 0.14
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 9,776
    SQFT
  • $148
    $/SQFT
Type:
Commercial
Built:
1973
County:
Area:

School Ratings & Info

Listing provided courtesy of Windermere Van Vleet & Assoc2 :.

Description

Strong rental market makes this a hot property for cash flow. 10 unit apartment complex located in the Grants Pass Opportunity Zone makes it even more attractive. The complex has 2 buildings on separate lots, building 1 has 4 units and building 2 has 6 units, each building could be sold separately. Building #1 4088 sq. ft., two 1 bedroom units and two 3 bedroom units. Building #2 5668 sq. ft., four 2 bedroom units and two 3 bedroom units. Additionally there is a small coin op laundry room and 10 small storage rooms for tenants possessions. Buildings appear solid, frame construction with concrete block dividing walls between units, slab foundations and roofs replaced approx. 3 years ago on the 4-plex and 5 years ago on the 6-plex. Some rents are below market so there is room to grow the income further. All tenants are month to month, see attached documents for income and expenses.

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: .2024-05-26T09:50:10.963
www.propertyofsouthernoregon.com/homes/149747141
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926 NE D Street Grants Pass, OR 97526

  • Price: $1,450,000
  • Status: Active
  • On Site: 33 Days
  • Updated: 144 min ago
  • MLS #: 220180668
0
Beds
0
Baths
0
½ Baths
0.14
Acres
9,776
SQFT
$148
$/SQFT
1973
Built
County:
Jackson
Area:
Grants Pass
Property Description
Strong rental market makes this a hot property for cash flow. 10 unit apartment complex located in the Grants Pass Opportunity Zone makes it even more attractive. The complex has 2 buildings on separate lots, building 1 has 4 units and building 2 has 6 units, each building could be sold separately. Building #1 4088 sq. ft., two 1 bedroom units and two 3 bedroom units. Building #2 5668 sq. ft., four 2 bedroom units and two 3 bedroom units. Additionally there is a small coin op laundry room and 10 small storage rooms for tenants possessions. Buildings appear solid, frame construction with concrete block dividing walls between units, slab foundations and roofs replaced approx. 3 years ago on the 4-plex and 5 years ago on the 6-plex. Some rents are below market so there is room to grow the income further. All tenants are month to month, see attached documents for income and expenses.
Exterior Features

Construction Materials BlockFrame Foundation Details Slab Levels Two Lot Features Landscaped Parking Details Numberof Parking Spaces 10 Parking Details Parking Yes Parking Features Parking Lot Roof Composition

Interior Features

Additional Features Office SpaceSeparate Electric Meters Cooling Wall/Window Unit(s) Flooring CarpetOtherVinyl Heating ElectricForced AirRadiant Security Features Security System Owned

Property Features

Additional Parcels YN Yes CCAnd Rs YN No Cross Street NE 11th Street FIRPTAYN No Flood N/A Inclusions Coin-op Washer & Dryers Listing Terms CashConventional New Construction YN No Owner Pays Common Area MaintenanceRepairsSewerTaxesWater Power Production Public Utilities Sewer Public Sewer Special Listing Conditions Standard Tax Annual Amount 3475.00 Tax Year 2023 Tenant Pays Electricity Unit1 Monthly Rent 687.00 Unit1 Status Leased Unit1 Tenant Name Tenant Unit1 Unit Number 1 Unit10 Status Leased Unit10 Unit Number 10 Unit2 Monthly Rent 960.00 Unit2 Status Leased Unit2 Unit Number 2 Unit3 Monthly Rent 931.00 Unit3 Status Leased Unit3 Unit Number 3 Unit4 Monthly Rent 850.00 Unit4 Status Leased Unit4 Unit Number 4 Unit5 Monthly Rent 850.00 Unit5 Status Leased Unit5 Unit Number 5 Unit6 Monthly Rent 860.00 Unit6 Status Leased Unit6 Unit Number 6 Unit7 Monthly Rent 850.00 Unit7 Status Leased Unit7 Unit Number 7 Unit8 Status Vacant Unit9 Status Leased Unit9 Unit Number 9 Zoning R-4

Listing information © 2024 MLS of Central Oregon
Listing provided courtesy of Windermere Van Vleet & Assoc2 :.

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: .2024-05-26T09:50:10.963
 
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FORD REAL ESTATE
624 S. Riverside Ave
Medford OR, 97501
Listing provided courtesy of Windermere Van Vleet & Assoc2 :.