701 Caves Highway, Cave Junction, OR 97523
- $295,900
- List Price
- $295,900
- Price Change
- ▼ $3,100 1779865533
- Days on Market
- 175
- MLS#
- 220208860
- Acres
- 2.48
- Lot Size
- 108,028
- Year Built
- 1977
- subdivision
- Josephine Addition To Grants Pass
Property 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 4 income-producing units. Features include two 1 bed/1 bath cottages renting at $825 each, a refreshed 2 bed/1 bath cottage rented at $800 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!
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Additional Information
- Style
- Bungalow
- Stories
- One
- Foundation
- Block, Pillar/Post/Pier
- Roof
- Composition
- Flooring
- Vinyl
- Appliances
- Oven, Refrigerator
- Cooling
- None
- Heating
- Electric
- Water
- Well
- Sewer
- Septic Tank
- Elementary School
- Evergreen Elem
- Middle School
- Lorna Byrne Middle
- High School
- Illinois Valley High
- Taxes
- $1,886
- Zoning
- Rr5; Rural Res 5 Ac
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Listing courtesy of eXp Realty, LLC.
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