Attention Investors!! Looking for a way to get into real estate investing with a property that has positive cash flow, happy tenants and low expenses? Or a replacement property for your 1031 funds? Look no further! This income earning property has two mobile homes with long time renters. Unit A is a two bedroom, one bath, 576 SqFt single wide mobile home that rents for $850 a month. Unit B is a three bedroom, two bath mobile home that rents for $1025. This investment property has a net operating income of over $17,000 a year with a cap rate of over 13%. Owner Carry Options available! Don't let this opportunity pass you by! Call today for more details!
Closed
$100,000
138 S Kerby Ave, Cave Junction, OR 97523
5beds
0baths
1,384sqft
Duplex, Multi Family
Built in 1971
-- sqft lot
$-- Zestimate®
$72/sqft
$2,154 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: November 20, 2024 at 04:30pm
Listed by:
eXp Realty, LLC 888-814-9613
Bought with:
Illinois Valley Real Estate
Source: Oregon Datashare,MLS#: 220189782

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 0
Heating
- Electric
Cooling
- Wall/Window Unit(s)
Appliances
- Included: Oven, Refrigerator
Features
- Flooring: Vinyl
- Has fireplace: No
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 1,384
- Total interior livable area: 1,384 sqft
Property
Parking
- Parking features: No Garage
Features
- Levels: One
- Stories: 1
- Has view: Yes
- View description: Territorial
Lot
- Size: 10,018 sqft
- Features: Level
Details
- Parcel number: R329933
- Zoning description: Sr; Single Fam Res
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Other
- Property subtype: Duplex, Multi Family
Materials
- Foundation: Pillar/Post/Pier
- Roof: Metal
Condition
- New construction: No
- Year built: 1971
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Security
- Security features: Carbon Monoxide Detector(s), Smoke Detector(s)
Location
- Region: Cave Junction
- Subdivision: Palmer Subdivision, Cave Junction
Other
Other facts
- Listing terms: Cash,Owner Will Carry
- Road surface type: Paved
Services availability

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