311 SE L St, Grants Pass, OR 97526

Great investment opportunity for a Tri-plex in downtown Grants Pass! Garages are NOT included in rent or as part of rental units, currently used by owner for storage - potential to add to each unit or develop into another rental (verify with city). One tenant (C) is long term renter while others (A&B) are FULLY FURNISHED units for longer short-term occupants (3-4 months) & INCLUDES ALL UTILITIES. Unit A is above the garages. B & C are 2 story w/ 1.5 baths. Concrete parking lot makes this low maintenance property easy to own. Current cap rate of 8+% does not include PM costs as seller manages. Seller would like to continue to use garages as storage for a period after closing, time frame to be negotiated with buyer. Buyers to perform their own due diligence as to desired use. Seller will not pay commissions on any seller concessions. SEE ATTACHED DOCUMENT FOR NOI & ADDITIONA INFORMATION.