3039 SW University Rd, Grants Pass, OR 97527

Investment opportunity in beautiful 55+ Horizon Village. Currently one unit available for owner occupied or both units will be rented Feb 2024, bringing the income to $37,200. gross and $27,500. net. Each unit contains full kitchen, elevated front loading washer/dryer, gas fireplace, central air & heat, skylights & single-car attached garage. There are no steps & the units are accessible to wheelchairs with low-maintenance fiber cement siding. A wonderful place to invest where residents love the active retirement lifestyle close to hospital and shopping! Live in one unit while receiving income from the 2nd unit with $1600 per month from long term tenant. Newer flooring, window treatments, fixtures & granite counters in vacant unit. Tenants are scheduled to move in with 1-year lease at $1500 per/mo Feb 1, 2024. HOA fee covers water, landscape maintenance, lawn care, community room, dog park, community gazebo and social fund. $350 HOA fee covers both units.