7015 Rogue River HighwayGrants Pass, OR 97527
4.88 acre Lot with Multi-Family rental income of $4,039 per month. Zoned RR-2.5 the rear undeveloped half could possibly be a separate tax lot. There are several different types of Loans available to you including owner-occupied that adds the rental income to qualify. Set on a beautiful park like 4.88 acres with the Rogue River across the road, there are 4 rentals; a 2 bed/1 bath home @ $1425, a Studio @ $995, a Cabin @ $900, and a MH space rented to a long term, tenant owned, very nice MH @ $715. Both Studio and Cabin were completely remodeled with new appliances and flooring. You can be in Grants Pass or Rogue River in 7 minutes, & Medford in 20. The front 1/2 of the lot has the residences, a small Orchard of Cherry, Pear, & Apple trees, and open space. Out of town SELLER is MOTIVATED as they have found an Investment Property near them. Call for Loan Info Contact #s. Or look up Randy Free of CrossCountry Mortgage who has looked into the Property Loan Possibilities for the Owner.
- Property Type:
Residential
- Architectural Style:
Bungalow
- Bedrooms:
4
- Bathrooms:
3
- Dwelling Size:
1,554 SqFt
- Lot Size:
4.87 Acres
- Lot Description:
- Stories:
- Year Built:
1938
- Interior Features:
Ceiling Fan(s), Laminate Counters, Primary Downstairs, Shower/Tub Combo
- Exterior Features:
Fire Pit
- Parking:
Garage or Parking Spaces: 2
Features: Asphalt, Driveway, RV Access/Parking, Storage, Workshop in Garage
- Area:
- Views:
Mountain(s), Orchard, Panoramic, River, Territorial
- Schools:
High School(s): Rogue River Jr/Sr High
Middle School(s): Rogue River Middle
Elementary School(s): Rogue River Elem
- HOA:
- Senior Community:
False
- Heating:
Ductless,Electric,Natural Gas,Wall Furnace
- Cooling:
Wall/Window Unit(s)
- Appliances:
Dryer, Oven, Range, Refrigerator, Washer, Water Heater
- Fireplace:
Fireplace(s):
Features: Gas,Living Room
- Accessibility:
- Security Features:
Carbon Monoxide Detector(s), Smoke Detector(s)
- Foundation:
Other
- Roof:
Composition