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USAORCave JunctionJosephine Addition to Grants Pass701 Caves Hwy
11_ 701 caves hwy, cave junction-dr-02 | Image 1
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$299,000

701 Caves Hwy, Cave Junction, OR

Real Estate

For Sale

$--,---,---
000
  • Key Facts
  • Description
  • Map

Key Facts

Type Quadruplex
Levels Residential Income
Size -
Garage No
Taxes $1,887
Days Active 7
Lot Size 
Approx. Age 1970
MLS® Number 220208860

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

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!Show Description
MLS® Number220208860
Laundry Level
Central VacNo
FireplaceNo
Acreage2.48
Exterior
GarageNo
Approx. Age1970
Basement
DrivewayDriveway, Shared Driveway
Garage Spaces
HeatElectric
A/CNone
Heating Fuel

Extras

Oven -Refrigerator in each unit

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