28045 REDWOOD HWY, Cave Junction, OR 97523

$199,900

Listing courtesy of The Brokerage House.

List Price
$199,900
MLS#
20370228
Property Type
Multifamily
Lot Size
1 to 2.99 Acres
Region
Josephine Co: Cave Junction City
Status
ACTIVE

Property Description

Three beautiful rustic cabins on 1.39 acres! These cabins are currently used as rentals, generating over $21,000 in annual revenue. Property is zoned Rural Commercial, with 58 permitted uses! This peaceful setting is surrounded by trees and just off the highway for great accessibility.

Additional Information

Tax Amount
$999
Year Built
1920
Middle School
Lorna Byrne
Fuel Description
Wood Burning
Heating Description
Wood Stove
Hot Water Description
Electricity
Exterior Description
Log
Sewer Description
Shared Septic
Water Description
Shared Well
View
Territorial, Trees/Woods
Capitalization Rate
10.61
Operating Expenses Actual
1000
Gross Income Actual
22200
Gross Rent Multiplier
9.00
Net Income Actual
21200
Number Of Units Total
3
Unit Type One Baths Total
1
Unit Type One Sq Ft
1104
Unit Type One Units Total
1
Unit Type Two Baths Total
1
Unit Type Two Sq Ft
888
Unit Type Two Units Total
1
Unit Type Three Baths Total
1
Unit Type Three Sq Ft
324
Unit Type Three Units Total
1

Mortgage Calculator

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Calculator source: Real Geeks

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