1252 NW 6th Street, Grants Pass, OR 97526

Property Description

Back on the Market Due to NO Fault of Property. This General Commercial Zoned Property boasts a total of 14 units! The main 3932 sq ft building has 13 units;12 have private bathrooms! The 13 units include two residential apartments, one with a full bath and kitchen; the other apartment is a studio with full bath and kitchenette. The other 11 units include offices, as well as a storage unit. Additionally, the property includes a Like New Residential 600 sq ft one bedroom, one bath home with upgrades, currently being rented out as a Short-Term Rental! Parking is plentiful, with 17 spaces! Tenants here tend to be very long term, and the rare, occasional vacancy does not last long! With Projected 2024 Gross Rents totaling $93,360, and a Cap Rate of 9.1%, you won't be disappointed! The Listing Agent has an impressive list of Updates available! Don't miss your opportunity on a great investment property!