$259,000
$259,000
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701 Caves HWY Cave Junction, OR 97523
2,336 SqFt
Key Details
Sold Price $259,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,336 sqft
Price per Sqft $110
Subdivision Josephine Addition To Grants Pass
MLS Listing ID 220189793
Sold Date 09/30/24
Style Cottage/Bungalow
Year Built 1970
Annual Tax Amount $1,659
Lot Size 2.480 Acres
Acres 2.48
Lot Dimensions 2.48
Property Description
Attention Investors! This four unit investment property is a money maker! Check it out- units 1&2 are 1 bedroom-1 bathroom cottages that rent for $825 each. Unit 3 is a 2 bedroom-1 bathroom cottage that rents for $875 a month and a 2 bedroom -1 bathroom, 1056 SqFt modular home that rents for $975. All units are occupied with long term tenants. This property has a net operating income of over $31,000 a year with 12% cap rate. Owner carry options available. Don't let this opportunity pass you by! Call today for more details!
Location
State OR
County Josephine
Community Josephine Addition To Grants Pass
Direction Take Hwy 199 to Left on Caves Hwy. Property is right next to Fire Station.
Interior
Heating Electric
Cooling None
Exterior
Garage Driveway, Shared Driveway
Roof Type Composition
Building
Lot Description Level
Entry Level One
Foundation Block, Pillar/Post/Pier
Water Well
Architectural Style Cottage/Bungalow
Structure Type Frame,Manufactured House
New Construction No
Schools
High Schools Illinois Valley High
Others
Senior Community No
Tax ID R330405
Security Features Carbon Monoxide Detector(s),Smoke Detector(s)
Acceptable Financing Cash, Owner Will Carry
Listing Terms Cash, Owner Will Carry
Special Listing Condition Standard
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