Active
  • Price cut: $5K (7/9)
    $995,000

    7420 N Applegate Rd, Grants Pass, OR 97527

    5beds
    3baths
    4,851sqft
    : 
    Single Family Residence
    Built in 1970
    3.24 Acres Lot
    $963,200 Zestimate®
    $205/sqft
    $-- HOA

    What's special

    Updated second homeSpacious main home
    Rental Income Opportunity! 3 homes included. Strong cash flow potential or multi-generational property. 3.24 acres with unbelievable mountain & river views. Just minutes away from the Applegate Valley Wine Trail and Grants Pass. The property includes a spacious main home, an updated second home, & a third home for income/guest. The main house is 3039 sq ft & features 5 bedrooms, 2.5 baths, with an abundance of living space & recent updates. The second home offers 1,398 sq ft with 3 beds and 2 baths, ideal for family or rental income. The property is well-maintained with newer roofs, 3 separate newer septics, a half-basement wine or canning cellar. Includes Peach, apple, & nectarine trees w/ water rights for 2 acres. Enjoy the large insulated/drywalled 36x40 shop. Projected Cap Rate of approximately 7.5%, Great for investors seeking solid returns in a desirable location. Buyers to do their own due diligence on cap rate and rental income. Schedule a tour today!
    165 days
    on Zillow
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    590
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    27
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