1260 Plummer Avenue, Grants Pass, OR 97527

$749,000

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Listing courtesy of Merit Commercial RE, LLC.

List Price
$749,000
Price Change
▼ $50,000 1784321308
MLS#
220212913
Status
ACTIVE
City
Grants Pass
County
Josephine
Year Built
1946

Property Description

Exclusively presented for sale - a rare land assemblage site of 5 adjacent but separate parcels, a first-to-market opportunity in a beautiful sub-market of Grants Pass, Oregon. The Portfolio represents optionality, with a package of 5 standalone homes (mix of SFR/manuf.) across just under 1 acre in a peaceful, quaint setting ~650' to the Rogue River. Ideally positioned for a cohesive ground-up project of either higher density duplexes, higher-end single family, or simply a remodel of the existing assets, the Portfolio provides the rarely seen combination of attainable size and multiple exit options. 4 of 5 homes are currently leased to longer-term tenants, allowing income during the planning and design phase. 1260 Plummer has recent remodels and could provide immediate upside to a buyer. CFEC and HB2001 regulations could allow for higher density development with minimal or no parking reqs - buyer to complete all due diligence. Contact listing brokers today for more info!

Additional Information

Taxes
$5,709
Acres
0.15
Water
Well
Heating
Other
Foundation
Concrete Perimeter, Other
Flooring
Other
Elementary School
Parkside Elem
Middle School
South Middle
High School
Grants Pass High

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Calculator source: Real Geeks

The data relating to real estate for sale on this web site comes in part from the Internet Data Display (IDX) of the Southern Oregon Multiple Listing Service. Real estate listings held by brokerage firms other than our company are marked with the IDX logo and detailed information about them includes the name of the listing brokers. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information subject to change and should be independently verified. Last updated: