926 D ST Pending Save Request In-Person Tour Request Virtual Tour
Grants Pass,OR 97526
Key Details
Property Type Commercial
Listing Status Pending
Purchase Type For Sale
Square Footage 9,776 sqft
Price per Sqft $148
MLS Listing ID 220180668
Year Built 1973
Annual Tax Amount $3,475
Lot Size 6,098 Sqft
Property Description
Strong rental market makes this a hot property for cash flow. 10 unit apartment complex located in the Grants Pass Opportunity Zone makes it even more attractive. The complex has 2 buildings on separate lots, building 1 has 4 units and building 2 has 6 units, each building could be sold separately. Building #1 4088 sq. ft., two 1 bedroom units and two 3 bedroom units. Building #2 5668 sq. ft., four 2 bedroom units and two 3 bedroom units. Additionally there is a small coin op laundry room and 10 small storage rooms for tenants possessions. Buildings appear solid, frame construction with concrete block dividing walls between units, slab foundations and roofs replaced approx. 3 years ago on the 4-plex and 5 years ago on the 6-plex. Some rents are below market so there is room to grow the income further. All tenants are month to month, see attached documents for income and expenses.
Location
State OR
County Jackson
Interior
Heating Electric,Forced Air,Radiant
Cooling Wall/Window Unit(s)
Exterior
Garage Parking Lot
Roof Type Composition
Building
Lot Description Landscaped
Foundation Slab
Water Public
Structure Type Block,Frame
New Construction No
Others
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Special Listing Condition Standard