522 SE J Street A & B Unit A & B, Grants Pass, OR 97526

$340,000

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Listing courtesy of Windermere Van Vleet & Assoc2.

List Price
$340,000
MLS#
220218518
Status
ACTIVE
City
Grants Pass
County
Josephine
Year Built
1978

Property Description

Affordable investment opportunities are getting harder to find! In the heart of Grants Pass, this solid 1978 duplex offers strong income potential and flexibility. Each unit is 1 bed/1 bath, approx. 672 sq ft, with a large living room, galley kitchen, and comfortable bedroom--an easy rental in a strong market. Unit A rents for $975/month, while Unit B is vacant, offering upside to place a new tenant at current rates or live in one side and offset expenses. Includes two tenant storage units and simple, low-maintenance management ideal for self-managing investors. Owner-occupants may qualify for FHA financing with lower rates than investor loans. Proforma cap rate approx. 6.6%

Additional Information

Taxes
$2,135
Acres
0.13
Water
Public
Heating
Baseboard
Foundation
Concrete Perimeter
Flooring
Vinyl
Elementary School
Check With District
Middle School
Check With District
High School
Check With District

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Calculator source: Real Geeks

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