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2800 Highland Avenue

Grants Pass, OR 97526
  • $789,000
  • STATUS: Active
  • ON SITE: 122 Days
  • MLS #: 220128341
UPDATED: 223 min ago
$789,000
  • 5
    BEDS
  • 3.08
    ACRES
  • 3
    BATHS
  • 0
    1/2 BATHS
  • 3,874
    SQFT
  • $204
    $/SQFT
Type:
Multi-Family
Built:
1987
County:
Area:

School Information

Elementary School:
Middle School:
High School:

Listing courtesy of Real Estate Designed To Sell Llc.

Description

Attention Investors: Prime Development/Business Location with established rental income. Easy access on main arterial road close to I-5 Exit 58. 3 well-maintained residential rental units + 2 RV Spots with full-hookups, all with consistent rental history. Private well and septic. City Water and Sewer are at the street. Modest cap rate is accounted for when considering the potential for development on the acreage. A new dedicated driveway has been established to this undeveloped 2 acre portion of the property. Entire 3.08 acres is in the UGB and is Zoned BP - a mixed use zoning with many possibilities. See documents for more info.

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© 2021 Oregon Datashare (KCAR | MLSCO | SOMLS). All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Oregon Datashare. Real estate listings held by IDX Brokerage firms other than Ladd Group, Cascade Sotheby's International Realty are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about them includes the name of the listing Brokers. Information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. The consumer will not copy, retransmit nor redistribute any of the content from this website. Information provided is deemed reliable, but not guaranteed. Listing courtesy of Ladd Group, Cascade Sotheby's International Realty. Data last updated: .2021-11-28T23:44:05.087
www.bendpropertysource.com/homes/119817434
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2800 Highland Avenue Grants Pass, OR 97526

  • Price: $789,000
  • Status: Active
  • On Site: 122 Days
  • Updated: 223 min ago
  • MLS #: 220128341
5
Beds
3
Baths
0
½ Baths
3.08
Acres
3,874
SQFT
$204
$/SQFT
1987
Built
Neighborhood:
Grants Pass Original Townsite
County:
Josephine
Area:
Grants Pass
Elementary School:
Highland Elem
Middle School:
North Middle
High School:
Grants Pass High
Property Description
Attention Investors: Prime Development/Business Location with established rental income. Easy access on main arterial road close to I-5 Exit 58. 3 well-maintained residential rental units + 2 RV Spots with full-hookups, all with consistent rental history. Private well and septic. City Water and Sewer are at the street. Modest cap rate is accounted for when considering the potential for development on the acreage. A new dedicated driveway has been established to this undeveloped 2 acre portion of the property. Entire 3.08 acres is in the UGB and is Zoned BP - a mixed use zoning with many possibilities. See documents for more info.
Exterior Features

Architectural Style Other Construction Materials Frame Foundation Details BlockConcrete PerimeterSlab Levels OneTwo Lot Features Sloped Parking Details Numberof Other Parking 15 Parking Features DrivewayRv Access/ParkingRv Garage Roof Composition View Mountain(S)NeighborhoodValley

Interior Features

Cooling Wall/Window Unit(S) Flooring CarpetLaminateVinyl Heating BaseboardWall Furnace Security Features Carbon Monoxide Detector(S)Smoke Detector(S)

Property Features

Additional Parcels YN No Association YN No CCAnd Rs YN No Cross Street Near The intersection Of Nw Highland & Nw Vine Exclusions Rvs Owned By Tenants FIRPTAYN No Incomeand Expenses Annual Amounts Cap Rate 4.50 Incomeand Expenses Annual Amounts Gross Income 44040.00 Listing Terms CashContractConventionalOwner Will Carry New Construction YN No Property Sub Type Multi Family Sewer Septic TankStandard Leach Field Sign On Property YN Yes Special Listing Conditions Standard Tax Annual Amount 2202.00 Tax Year 2020 Unit1 Monthly Rent 975.00 Unit1 Unit Number 1 Unit2 Monthly Rent 845.00 Unit2 Unit Number 2 Unit3 Monthly Rent 1100.00 Unit3 Unit Number 3 Unit4 Monthly Rent 375.00 Unit4 Unit Number 4&5:RV#1&2 Unit5or More Unit List Attached Yes Water Source Well Zoning Bp-Businesspark

Listing information © 2021 MLS of Central Oregon
Listing provided courtesy of Real Estate Designed To Sell Llc.

© 2021 Oregon Datashare (KCAR | MLSCO | SOMLS). All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Oregon Datashare. Real estate listings held by IDX Brokerage firms other than Ladd Group, Cascade Sotheby's International Realty are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about them includes the name of the listing Brokers. Information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. The consumer will not copy, retransmit nor redistribute any of the content from this website. Information provided is deemed reliable, but not guaranteed. Listing courtesy of Ladd Group, Cascade Sotheby's International Realty. Data last updated: .2021-11-28T23:44:05.087
 
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Ladd Group, Cascade Sotheby's International Realty
650 SW Bond St, Suite 100
Bend OR, 97702

Listing courtesy of Real Estate Designed To Sell Llc.