4.88 acre Lot with Multi-Family rental income of $4,039 per month. Zoned RR-2.5 the rear undeveloped half could possibly be a separate tax lot. There are several different types of Loans available to you including owner-occupied that adds the rental income to qualify. Set on a beautiful park like 4.88 acres with the Rogue River across the road, there are…
The Story
7015 rogue river highway
4.88 acre Lot with Multi-Family rental income of $4,039 per month. Zoned RR-2.5 the rear undeveloped half could possibly be a separate tax lot. There are several different types of Loans available to you including owner-occupied that adds the rental income to qualify. Set on a beautiful park like 4.88 acres with the Rogue River across the road, there are 4 rentals; a 2 bed/1 bath home @ $1425, a Studio @ $995, a Cabin @ $900, and a MH space rented to a long term, tenant owned, very nice MH @ $715. Both Studio and Cabin were completely remodeled with new appliances and flooring. You can be in Grants Pass or Rogue River in 7 minutes, & Medford in 20. The front 1/2 of the lot has the residences, a small Orchard of Cherry, Pear, & Apple trees, and open space. Out of town SELLER is MOTIVATED as they have found an Investment Property near them. Call for Loan Info Contact #s. Or look up Randy Free of CrossCountry Mortgage who has looked into the Property Loan Possibilities for the Owner.
Facts & Features
Property Info
Price
$599,000
Completion Year
1,938
Living Space
1,554 sq ft
Bedrooms
4
Bathrooms
3
Garage
2 spaces
Lot size
5 acres
Features & Amenities
Garage / Parking
Secure and convenient space for cars, scooters, or guest vehicles.
Scenic View
Enjoy beautiful outlooks that bring the surroundings into your home.
Heating
Warm, cozy interiors for every season.
Garden
Lush greenery that creates calm surroundings and natural shade.
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