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7015 Rogue River Highway, Grants Pass, OR 97527

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For Sale

$649,000

4 beds • 1,554 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • $417.63
    Price per square foot

Explore this Property

Beautiful park like 4.88 acre multi-family property with 3 remodeled residences and 1 MH Space that are currently leased. The rear half 2.5 acres are undeveloped. It may be possible to divide into 2 lots. Keep as rentals or live in them as a multi family arrangement, or both. Located 5 minutes to the City of Rogue River, 10 to Grants Pass and 30 to Medford. The property is level to slightly sloped with lots of open space, lawns, a small orchard with cherry, pear, apple trees and more. GPID provides gravity fed irrigation to underground sprinklers throughout the property. CAP rate of 5+ if managed yourself and rents due for raise. Current yearly NOI listed below. There is some further development potential if you combine with the ''5 Acre MH Park'' also for sale. see MLS #220176451..... Do not disturb tenants. #R-7204
MLS# 220176450

Listed By CENTURY 21 Harris & Taylor

Property Features

  • Lot Size
    4.87 Acres
  • Style
    Other Style

Map and Directions

Directions to 7015 Rogue River Highway, Grants Pass, OR 97527

Home seller Meet the Agent,
Gary Luckin

Get to know the neighborhood. A local affiliated CENTURY 21 agent will help you set up tours, give advice, and negotiate with sellers.

Gary Luckin

of CENTURY 21 Harris & Taylor

(541) 660-9918
Learn More About Me

Mortgage Calculator

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Monthly Payment Breakdown

  • Principle and Interest
    $0
  • Property Taxes
    $0
  • Hazard Insurance
    $0
  • Private Mortgage Insurance
    $0
  • HOA Dues
    $0
  • Total Monthly Payment:
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Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

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† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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