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Closed
  • $259,000

    701 Caves Hwy, Cave Junction, OR 97523

    6beds
    0baths
    2,336sqft
    Quadruplex, Multi Family
    Built in 1970
    -- sqft lot
    $-- Zestimate®
    $111/sqft
    $1,484 Estimated rent

    What's special

    Attention Investors! This four unit investment property is a money maker! Check it out- units 1&2 are 1 bedroom-1 bathroom cottages that rent for $825 each. Unit 3 is a 2 bedroom-1 bathroom cottage that rents for $875 a month and a 2 bedroom -1 bathroom, 1056 SqFt modular home that rents for $975. All units are occupied with long term tenants. This property has a net operating income of over $31,000 a year with 12% cap rate. Owner carry options available. Don't let this opportunity pass you by! Call today for more details!

    Zillow last checked: 7 hours ago

    Listing updated: October 01, 2024 at 06:43pm

    Listed by:

    eXp Realty, LLC 888-814-9613

    Bought with:

    eXp Realty, LLC

    Source: Oregon Datashare,MLS#: 220189793MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 0
    Heating
    • Electric
    Cooling
    • None
    Appliances
    • Included: Oven, Refrigerator
    Features
    • Flooring: Vinyl
    • Has fireplace: No
    • Common walls with other units/homes: 1 Common Wall
    Interior area
    • Total structure area: 2,336
    • Total interior livable area: 2,336 sqft

    Property

    Parking
    • Parking features: Driveway, Shared Driveway
    • Has uncovered spaces: Yes
    Features
    • Levels: One
    • Stories: 1
    Lot
    • Size: 2.48 Acres
    • Features: Level
    Details
    • Additional structures: Shed(s), Storage
    • Parcel number: R330405
    • Zoning description: Rr5; Rural Res 5 Ac
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Quadruplex, Multi Family
    Materials
    • Frame
    • Foundation: Block, Pillar/Post/Pier
    • Roof: Composition
    Condition
    • New construction: No
    • Year built: 1970

    Utilities & green energy

    • Sewer: Septic Tank
    • Water: Well

    Community & neighborhood

    Security
    • Security features: Carbon Monoxide Detector(s), Smoke Detector(s)
    Location
    • Region: Cave Junction
    • Subdivision: Josephine Addition To Grants Pass

    Other

    Other facts
    • Listing terms: Cash,Owner Will Carry
    • Road surface type: Paved
    Services availability
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