Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1970
Sq.Footage
N/A
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 (previously rented at $875) 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!
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Cooling YN
NO
-
Cooling
None
-
Heating YN
YES
-
Heating
Electric
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Frame
-
Parking
Driveway, Shared Driveway
-
Pool
No
Area & Lot
-
Lot Features
Level
-
Lot Size(acres)
2.48
-
Property Type
Residential Income
-
Property Sub Type
Quadruplex
-
Architectural Style
Bungalow
Price
-
Sales Price
$299,000
-
Tax Amount
1886.65
-
Zoning
Rr5; Rural Res 5 Ac
-
Sq. Footage
N/A
-
Price/SqFt
N/A
HOA
-
Association
No
School District
-
Elementary School
Evergreen Elem
-
Middle School
Lorna Byrne Middle
-
High School
Illinois Valley High
Property Features
-
Foundation Details
Block, Pillar/Post/Pier
-
Sewer
Septic Tank
-
Tax Lot
602
-
Water Source
Private, Well
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Location
County
Josephine
Elementary School
Evergreen Elem
Middle School
Lorna Byrne Middle
High School
Illinois Valley High
Listing Courtesy of China Rose , eXp Realty, LLC
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Broker
ChristySymons Your - Central Oregon Realtor
Call Christy today to schedule a private showing.
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