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$799,000
Est. payment /mo
4,983 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 4,983 sqft
Price per Sqft $160
MLS Listing ID 220212913
Style Bungalow
Year Built 1946
Annual Tax Amount $5,709
Lot Size 6,534 Sqft
Acres 0.15
Lot Dimensions 0.15
Property Sub-Type Multi Family
Property Description
Exclusively presented for sale - a rare land assemblage site of 5 adjacent but separate parcels, a first-to-market opportunity in a beautiful sub-market of Grants Pass, Oregon. The Portfolio represents optionality, with a package of 5 standalone homes (mix of SFR/manuf.) across just under 1 acre in a peaceful, quaint setting ~650' to the Rogue River. Ideally positioned for a cohesive ground-up project of either higher density duplexes, higher-end single family, or simply a remodel of the existing assets, the Portfolio provides the rarely seen combination of attainable size and multiple exit options. 4 of 5 homes are currently leased to longer-term tenants, allowing income during the planning and design phase. 1260 Plummer has recent remodels and could provide immediate upside to a buyer. CFEC and HB2001 regulations could allow for higher density development with minimal or no parking reqs - buyer to complete all due diligence. Contact listing brokers today for more info!
Location
State OR
County Josephine
Interior
Heating Other
Cooling Other
Exterior
Parking Features Driveway
Roof Type Composition,Membrane
Building
Foundation Concrete Perimeter, Other
Water Well
Architectural Style Bungalow
Level or Stories One
Structure Type Frame,Unknown
New Construction No
Schools
High Schools Grants Pass High
Others
Senior Community No
Tax ID R313469
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Standard
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Listed by Merit Commercial RE, LLC
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