MLS# 23569253 – 508 Nw E St, Grants Pass, OR 97526 – John Wesley McPherson, Jr., The Portland Team with Premiere Property Group, LLC

Listing courtesy of Rogue Real Estate, LLC.

Property Description

Description

6 Units

Status: Active

Year Built: 1977

Days on Website: 535

Investor alert! Tri-plex with long-term tenants. All three units come with a fireplace, 2 bedrooms and 1 bath. W/D located in each unit. Both unit A & B have identical layouts. 3 car carport located under the middle of the building. Storage room used by all three units located under Unit C. All three units have 2 balcony's/decks. Each unit has a walk-in closet. Perfect for an investment or live in one unit and collect income from the other two. Live in one unit and gain income from the other two! Schedule a showing today and see what all the property has to offer.

Property Details and Features

Property Access

Road Surface Type:

Paved

Building

Building Area Total:

3036

Built in 1977

Storage:

Attached

Stories:

Unit Type Type:

UnitTypeType1,UnitTypeType2,UnitTypeType3

Cooling

Cooling Equipped

Cooling:

WindowUnit

Expenses

Operating Expense:

$7,000

Exterior Features

Exterior Description:

Aluminum

Foundation

Foundation Details:

ConcretePerimeter

Heating

Heating Available

Heating:

WallFurnace

Income

CAP Rate:

3.46

Gross Income:

$32,100

Gross Rent Multiplier:

16.2

Net Operating Income:

$18,000

Listing

Contract Status Change Date:

2023-06-06

Days On Market:

535

Last Transaction Date:

2024-10-09 15:13:21

List Price:

$520,000

Listing Contract Date:

2023-06-06

Listing Id:

23569253

Mls Status:

Active

Modification Timestamp:

2024-10-09 15:13:21

On Market Date:

2023-06-06

Previous List Price:

$534,000

Rent Includes:

TrashCollection

Standard Status:

Active

Location

MLS Area Major:

_661

County Or Parish:

Josephine

Lot

Features:

Trees

Size Range:

SqFt7000to9999

Size:

7,000 to 9,999 SqFt

Miscellaneous

Investor Information:

AnnualPropertyOperationData,Leases

Parking

Features:

Carport

3 total parking spots

Property

Number Of Units Total:

Property Condition:

Existing

Property View

Zoning:

R-3

Roof

Roof:

Composition

Schools

High School:

Grants Pass

Middle Or Junior School:

North

Elementary School:

Highland

Security Features

Features:

Unknown

Sewer

Sewer:

PublicSewer

Taxes

Annual Amount:

$2,864

Legal Description

Tax Year:

2022

Unit One

Actual Rent:

$975

Area:

1012

Features:

Deck,Fireplace,Range,WasherDryerHookup

Units Total:

1 total bathroom

2 total bedroom

Unit Two

Actual Rent:

$900

Area:

1012

Features:

Deck,Fireplace,Range,WasherDryerHookup

Units Total:

1 total bathroom

2 total bedroom

Unit Three

Actual Rent:

$800

Area:

1012

Features:

Deck,Fireplace,Range,WasherDryerHookup

Units Total:

1 total bathroom

2 total bedroom

Utilities

Fuel Description:

Gas

Hot Water Description:

Gas

Water Source:

PublicWater

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Contact an Agent

John Wesley McPherson, Jr., CFA

503406-1776 Email Me

Location

$520,000 -

508 Nw E St Grants Pass , OR 97526

MLS Area Major: _661

Street View

Nearby Schools

Recent Sales in the Area

This content last updated on November 22, 2024 11:50PM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.