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701 Caves HWY Cave Junction, OR 97523
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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
Style Cottage/Bungalow
Year Built 1970
Annual Tax Amount $1,659
Lot Size 2.480 Acres
Property Sub-Type Quadruplex
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
Interior
Heating/Cooling Electric
Exterior
Parking Features Driveway, Shared Driveway
Roof Type Composition
Parking Driveway, Shared Driveway
Building
Lot Description Level
Foundation Block, Pillar/Post/Pier
Water Well
Structure Type Frame,Manufactured House
New Construction No
Construction Frame, Manufactured House
Schools
High Schools Illinois Valley High
Others
Acceptable Financing Cash, Owner Will Carry
Listing Terms Cash, Owner Will Carry
Special Listing Condition Standard
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