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701 Caves Highway, Cave Junction, OR 97523

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For Sale
Sale Pending

$299,000

2.48 acres

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

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

  • 2.5 acres
    Lot size

  • Over 50 Years Old
    Age

Explore this Property

Investor Alert! This 4-unit income property on 2.48 acres with RR5 zoning in Cave Junction is a rare find. The property includes 3 income-producing units plus one recently remodeled and currently vacant unit, perfect to live in while collecting rents from the others, or lease all four for maximum return. Features include two 1 bed/1 bath cottages renting at $825 each, a refreshed 2 bed/1 bath cottage (previously rented at $875) with new appliances and flooring, and a 2 bed/1 bath 1,056 sq. ft. modular home renting for $1,000. Supported by a shared well and two septic systems, all tenants are on month-to-month agreements. Conveniently located off Hwy 199 next to the fire station, this strong income producer delivers immediate cash flow with excellent potential for future value-add. Don't miss this solid investment! Owner Will Carry!
MLS# 220208860

Courtesy Of EXP REALTY LLC

(888) 814-9613

Property Features

  • Age
    Over 50 Years Old
  • Appliances
    Refrigerator
  • Architecture Style
    Bungalow
  • Floor Covering
    Vinyl
  • Lot Size
    2.48 Acres

Map and Directions

Directions to 701 Caves Highway, Cave Junction, OR 97523

Home seller CENTURY 21 J.C. Jones American Dream

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

CENTURY 21 J.C. Jones American Dream

(541) 476-6502
Learn More About Us

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Monthly Payment Breakdown

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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.