3401 Quartz Creek Rd, Merlin, OR 97532

Located about 5 miles from the Rogue River in Merlin, Oregon which is a white water rafting and fishing destination. Centrally located between the beautiful Oregon Coast, the wild and scenic portion of the Rogue River, Crater Lake and the Giant Redwoods National Park in Northern California. Three legal stick built homes on one 40 acre tax lot with outbuildings. Gentle sloping wooded property with hillside on one border. All homes have heat pumps, house 3 is brand new. The oldest house was built In 1966. Since 2002 it has been slowly upgraded. 2/2, wood stove, heat pump, covered patio, garage and newer car port. Second oldest was built in 2001, approx 3600 SF, 5 br/3 full bath, office, crafts room, family room, large master, large kitchen, laundry. Approx 1000sf covered concrete deck, stamped and stained. Third house was built in 1990, burned and was re-built in 2018 with an added 2 car garage. 1200 SF, 3/2, laundry, storage, kitchen with butcher block island, open floor plan. Large shop and other out buildings. House 1&3 have new roofs, house 2, 30 yr roof is 18 yrs old. Shop and out buildings have newer roofs. Two wells on property service the three houses. One standby well was intended for irrigation that is in place but not used. Property is not fenced but there is an automatic gate at the end of the 1/3 mile long driveway. Lots of privacy. Great investment property. Current long term tenants under a month to month agreement. Current tenants have resided on property for 20 years, 9 years & 2 years Rental income currently generates $3700 a month but two of them are set way below market. Property can easily have potential for $5400 monthly cash flow. Houses and property offered AS-IS. Buyer to verify all information including square footage. All offers will be reviewed 8/31/21.