7015 Rogue River Highway, Grants Pass, OR 97527 | Home For Sale

$619,000

7015 Rogue River Highway, Grants Pass, OR 97527

4.0
beds
3.0
baths
1,554
sqft
Property Type
Single Family Residence
Built
1938
Lot Size
4.87 Acres

Property Highlights

Property highlights – 4.88-acre parcel zoned RR-2.5 – Monthly multi-family rental income: $4,039 – Four rental units on site: – 2 bed / 1 bath house — $1,425/month – Studio — $995/month (remodeled with new appliances and flooring) – Cabin — $900/month (remodeled with new appliances and flooring) – Mobile home space — $715/month (occupied by tenant-owned MH, long-term tenant) – Rear undeveloped half of the property may be eligible to be a separate tax lot – Owner-occupied loan programs may allow rental income to be included for qualification; owner consulted Randy Free of CrossCountry Mortgage regarding loan possibilities – Front half contains the residences, a small orchard (cherry, pear, apple trees) and open space – Rogue River is located across the road – Approximately 7 minutes to Grants Pass or Rogue River, and about 20 minutes to Medford – Seller is out of town and has found another investment property

Facts & features

Bedrooms
4.0
Bathrooms
3.0
Square Feet
1,554
Listed By
Century 21 JC Jones American Dream

Contact a local agent

Request a tour Contact agent

Want more information about this home or similar homes in Southern Oregon?

Leave a Comment