415 NW E ST, Grants Pass, OR 97526

$295,000

Listing courtesy of Complete R. E. Services, Inc..

List Price
$295,000
MLS#
20577256
Property Type
Multifamily
Lot Size
3, 000 to 4, 999 SqFt
Region
Josephine Co: NW Grants Pass
Status
ACTIVE

Property Description

Great Rental Property, currently generating $1875.00/ month. Both units currently rented and tenants would like to stay. This is a desirable rental close in to down-town. Both units are equipped with mini-split AC/Heat units. You could keep this property as a solid income producing property, or you could possibly convert it back into a single family residence.

Additional Information

Tax Amount
$1,758
Year Built
1915
Middle School
North
Stories
2
Cooling Description
Heat Pump
Fuel Description
Electricity
Heating Description
Ductless
Exterior Description
Lap Siding
Roof Type
Composition
Sewer Description
Public Sewer
Water Description
Public
View
City
Sq Ft Approximate Building Total
1398
Capitalization Rate
7.63
Operating Expenses Actual
22500
Gross Income Actual
22500
Gross Rent Multiplier
13.11
Net Income Actual
22500
Occupancy Types
Leased, Month To Month, Subsidy
Road Surface
Paved
Number Of Units Total
3
Unit Type One Baths Total
1
Unit Type One Beds Total
2
Unit Type One Rent
950
Unit Type One Units Total
1
Unit Type Two Baths Total
1
Unit Type Two Beds Total
2
Unit Type Two Rent
925
Unit Type Two Units Total
2

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

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