522 SE J Street A & B Unit A & B, Grants Pass, OR 97526

$329,000

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List Price
$329,000
Price Change
▼ $11,000 1785360021
Days on Market
160
MLS#
220218518
Acres
0.13
Lot Size
5,662
Year Built
1978
subdivision
N/A

Property Description

Affordable investment opportunities are getting harder to find! In the heart of Grants Pass, this solid 1978 duplex offers strong income potential and flexibility. Each unit is 1 bed/1 bath, approx. 672 sq ft, with a large living room, galley kitchen, and comfortable bedroom--an easy rental in a strong market. Unit A rents for $975/month, while Unit B is vacant, offering upside to place a new tenant at current rates or live in one side and offset expenses. Includes two tenant storage units and simple, low-maintenance management ideal for self-managing investors. Owner-occupants may qualify for FHA financing with lower rates than investor loans. Proforma cap rate approx. 6.6%

Additional Information

Style
Traditional
Stories
One
Foundation
Concrete Perimeter
Roof
Composition
Flooring
Vinyl
Interior Features
Shower/Tub Combo
Appliances
Range, Refrigerator, Range Hood
Cooling
Wall/Window Unit(s)
Heating
Baseboard
Water
Public
Sewer
Public Sewer
Elementary School
Check With District
Middle School
Check With District
High School
Check With District
Taxes
$2,135
Zoning
R-3; Res High Density

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Calculator source: Real Geeks

Listing courtesy of Windermere Van Vleet & Assoc2.

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