Listing courtesy of Merit Commercial RE, LLC.
Exclusively presented for sale - 166 Napa Street, a 1996-built conventional fourplex in Eagle Point, OR (the ''Property''). Situated in a quiet residential neighborhood directly next to Eagle Point High School, the ±3,974 SF two-story building includes (4) large 2-bed/2-bath units (single level units), each with an oversized patio, central HVAC, in-unit laundry connections, and efficient layout. The building is served by several alley-accessed parking spaces, shared with the adjacent apartment building. Existing tenants are on MTM leases with below-market rents, providing flexibility for future rent growth. Landlord currently provides water and sewer; tenants pay garbage, unit power, and internet. 166 Napa Street, an adjacent triplex on a separate parcel, is also available from the same owner, allowing a buyer to acquire either property individually or both together for a rare 7-unit portfolio in Eagle Point. Contact brokers for more info!
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