4 bedroom house for sale

Overview

Beautiful park like 4.88 acre multi-family property with 3 remodeled residences and 1 MH Space that are currently leased. There is unrealized value in the undeveloped 2.5 acres at the back end of the Lot. It may be possible to divide into 2 lots or combine with the nice MH Park on the South side, Keep as rentals or live in them as a multi family arrangement, or both. Located 5 minutes to the City of Rogue River, 10 to Grants Pass and 30 to Medford. The property is level to slightly sloped with lots of open space, lawns, a small orchard with cherry, pear, apple trees and more. GPID provides gravity fed irrigation to underground sprinklers throughout the property. CAP rate of 5+ if managed yourself and rents due for raise. There is some further development potential if you combine with the ''5 Acre MH Park'' also for sale. see MLS #220176451..... Do not disturb tenants. You must call a minimum of 24 hours in advance for appointment. Client provided I and E report available by request.