415 NW E St, Grants Pass, OR 97526

Take a look at this structurally upgraded duplex near downtown Grants Pass. This 1915 building has it all: the charm of an older building along with the added benefit of being recently upgraded. Per the owner, this building now has all new trusses, a new roof, a lifted/ leveled foundation, new min-split heat pumps in each unit as well as new concrete stairs leading to the upstairs unit. This duplex has a great/ solid rental history with current rents generating $1875.00/ month (this is a CAP rate of more than 7%). You could keep this property as a solid income producing property, or you could possibly convert it back into a single family residence.