Eagle Point, OR 97524

$1,215,000

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Listing courtesy of Merit Commercial RE, LLC.

List Price
$1,215,000
MLS#
220229277
Status
ACTIVE
City
Eagle Point
County
Jackson
Year Built
1996

Property Description

Exclusively presented for sale - 162 & 166 Napa Street, two 1996-built apartment buildings in Eagle Point, OR. Situated in a quiet residential neighborhood directly next to Eagle Point High School, the side-by-side fourplex (162) and triplex (166) offer a total of (7) large 2-bed/2-bath units, plus three attached garages beneath Unit C in the triplex, with additional alley-accessed parking spaces. 166 Napa, Unit A, located on the first floor, is currently vacant, creating an immediate owner-occupant opportunity or near-term lease-up potential. 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. Individual buildings are also available on a standalone basis - 162 Napa MLS #220229276 and 166 Napa MLS #220229275. Contact brokers for more info!

Additional Information

Taxes
$7,095
Acres
0.41
Water
Public
Heating
Baseboard, Heat Pump
Foundation
Concrete Perimeter
Flooring
Carpet, Vinyl
Elementary School
Check With District
Middle School
Check With District
High School
Eagle Point High

Mortgage Calculator

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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: