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

What’s special

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.

Facts & features

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

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