19
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$1,800,000
Est. payment /mo
6,252 SqFt
New
Grants Pass, OR 97526
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Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 6,252 sqft
Price per Sqft $287
MLS Listing ID 220223452
Year Built 1929
Annual Tax Amount $8,525
Lot Size 0.520 Acres
Acres 0.52
Lot Dimensions 0.52
Property Description
Rare investment opportunity in a prime Grants Pass location! This 20 unit income producing property is positioned along the highly visible NW 6th Street corridor, offering excellent exposure, convenience, and long-term potential. Currently operating with a combination of long term and weekly rentals, this property offers strong income potential, a solid return on investment, and additional opportunities to increase revenue through future growth and rental strategies.
The current ownership has made significant improvements throughout the property, including a new roof, new sewer lines, new parking lot, updated windows, doors, and exterior paint. 18 of the units have been fully remodeled, creating a turnkey investment opportunity with reduced deferred maintenance. Located minutes from downtown Grants Pass, shopping, restaurants, and services, this property sits in a strong rental market with convenient access to local amenities.
The current ownership has made significant improvements throughout the property, including a new roof, new sewer lines, new parking lot, updated windows, doors, and exterior paint. 18 of the units have been fully remodeled, creating a turnkey investment opportunity with reduced deferred maintenance. Located minutes from downtown Grants Pass, shopping, restaurants, and services, this property sits in a strong rental market with convenient access to local amenities.
Location
State OR
County Josephine
Direction Corner of NW 6th St and NW Midland.
Interior
Heating/Cooling Other
Exterior
Parking Features Asphalt, Attached
Roof Type Composition
Parking Asphalt, Attached
Building
Lot Description Fenced, Garden, Landscaped, Level
Foundation Concrete Perimeter, Slab
Water Public
Level or Stories One
Structure Type Frame
New Construction No
Construction Frame
Others
Senior Community No
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Standard
Listed by John L Scott Real Estate Grants Pass
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