OR > Grants Pass
Grants Pass, OR 97527,4550 Rogue River HWY
Grants Pass, OR 97527,4550 Rogue River HWY
Grants Pass, OR 97527,4550 Rogue River HWY
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Mike Marshall On Maui

Mike Marshall On Maui

+1(808) 495-8929
$1,100,000
Est. payment /mo
7,798 SqFt
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 7,798 sqft

Price per Sqft $141

MLS Listing ID 220200419

Style Other

Year Built 1920

Annual Tax Amount $3,928

Lot Size 1.290 Acres

Acres 1.29

Lot Dimensions 1.29

Property Sub-Type Multi Family

Property Description

Exceptional 10-unit multifamily investment property on the Rogue River! Featuring charming cottage-style homes, many with private decks that enhance curb appeal and outdoor living. Mature trees throughout the property create a serene, park-like setting with beautiful natural surroundings. Several units offer scenic river views, making this a truly unique and desirable rental community. Fully occupied, with current under market rents of. $8,785/month produces close to a 7% Cap Rate. Potential market rents are estimated at $12,775 and potential cap rate of 10.2%. Each unit includes electric heat, separate electric meters, block foundation, and ample parking. The property has a well & septic system helping keep costs low. Bonus RV pad with hookup and a coin-op laundry area offers additional income potential. A dedicated caregiver maintains the grounds for ease of ownership. Expand your portfolio with a high-demand, income-generating property in an unbeatable location.

Location

State OR

County Josephine

Interior

Heating Electric

Cooling Wall/Window Unit(s)

Exterior

Parking Features Driveway

Roof Type Composition

Building

Entry Level Multi/Split

Foundation Concrete Perimeter

Water Well

Architectural Style Other

Structure Type Frame

New Construction No

Schools

High Schools Check With District

Others

Senior Community No

Tax ID R315703

Security Features Smoke Detector(s)

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Standard

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Oregon Data Share
Listed by eXp Realty, LLC
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agent

Mike Marshall On Maui

+1(808) 495-8929

Agent | License ID: 78986

Agent License ID: 78986

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