7015 Rogue River Highway Grants Pass, Oregon 97527, United States
The Multi Family House for Sale located at 7015 Rogue River Highway Grants Pass Oregon 97527 with 4 bedrooms, 0 bathrooms is currently for Sale, 7015 Rogue River Highway Grants Pass Oregon 97527 is listed for $649,000. If the property located at 7015 Rogue River Highway Grants Pass Oregon 97527 isn't what you're looking for, search Oregon Real Estate to see other Homes for Sale in Grants Pass .
MLS#: 220176450
$649,000 USD
- Type
- Multi Family
- Bedrooms
- 4
- Home/Lot size
- 144m² (1,554ft²)
Property features
Area
- Property size
- 144m² (1,554ft²)
- Land/Lot size
- 19,708m² (4.87ac)
- Bedrooms
- 4
- Total rooms
- 4
Description
Beautiful park like 4.88 acre multi-family property with 3 remodeled residences and 1 MH Space that are currently leased. The rear half 2.5 acres are undeveloped. It may be possible to divide into 2 lots. Keep as rentals or live in them as a multi family arrangement, or both. Located 5 minutes to the City of Rogue River, 10 to Grants Pass and 30 to Medford. The property is level to slightly sloped with lots of open space, lawns, a small orchard with cherry, pear, apple trees and more. GPID provides gravity fed irrigation to underground sprinklers throughout the property. CAP rate of 5+ if managed yourself and rents due for raise. Current yearly NOI listed below. There is some further development potential if you combine with the ''5 Acre MH Park'' also for sale. see MLS #220176451..... Do not disturb tenants. #R-7204
Location
