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. Dont miss this solid investment! Owner Will Carry!
Listed By
Agency Name: eXp Realty, LLC
Shown By
Agency Title: Fisher-Nicholson Realty LLC
Agency Phone: 800-460-8124
Estimated Payment
$ 1,838.30 per month $1,594.83 Principal & Interest $157.17 Property Tax $86.30 Homeowner's Insurance
701 Caves Highway | MLS# 220208860
This multi-family property located at 701 Caves Highway, Cave Junction, OR 97523 is currently listed for sale with an asking price of $295,900. Search Cave Junction real estate on www.fnrhomes.com today.