Stacy Ellingson - Principal Broker
Principal Broker
REALTOR®, GRI,e-PRO,PSA,AHWD,C2EX,CREIPS,NCREA
(541) 591-4322
BEDS0
BATHS
SQUARE FEET1,344
MLS#220218518
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
Property Description
Affordable investment opportunities are getting harder to find! In the heart of Grants Pass, this solid 1978 duplex offers strong income potential and flexibility. Each unit is 1 bed/1 bath, approx. 672 sq ft, with a large living room, galley kitchen, and comfortable bedroom--an easy rental in a strong market. Unit A rents for $975/month, while Unit B is vacant, offering upside to place a new tenant at current rates or live in one side and offset expenses. Includes two tenant storage units and simple, low-maintenance management ideal for self-managing investors. Owner-occupants may qualify for FHA financing with lower rates than investor loans. Proforma cap rate approx. 6.6%
Property Features
Property Type: Multi Unit - Multiple
Cooling: Wall/Window Unit(s)
Heating: Baseboard
Home Style: Traditional
Lot Size: 0.13 Acres
Roof Type: Composition
Stories: 1.0
Taxes: $2,135
Year Built: 1978
Feature Descriptions
Exterior: Frame
Sewer: Public Sewer
Units: 2
Listed By / Shown By
Listed By
Agency Name: Windermere Van Vleet & Assoc2
Shown By
Agent Name: Stacy Ellingson - Principal Broker
Agent Phone: (541) 591-4322
Agency Title: Fisher-Nicholson Realty LLC
Estimate Your Payment
Estimated Payment
$ 2,109.60 per month $1,832.51 Principal & Interest $177.92 Property Tax $99.17 Homeowner's InsuranceChange Payment Information
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522 SE J Street, Unit A & B | MLS# 220218518
This multi-family property located at 522 SE J Street, Unit A & B, Grants Pass, OR 97526 is currently listed for sale with an asking price of $340,000. Search Grants Pass real estate on stacyellingson.fnrhomes.com today.