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!
Active
$299,000
701 Caves Hwy, Cave Junction, OR 97523
6beds
0baths
2,336sqft
Est.:
Quadruplex, Multi Family, Manufactured Home
Built in 1970
-- sqft lot
$-- Zestimate®
$128/sqft
$-- HOA
What's special
New appliancesVacant unit
- 27 days |
- 1,700 |
- 83 |
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