Listing courtesy of Oregon Flat Fee Realty.
Wonderful Opportunity to Live in Ashland, Southern Oregon; work remotely away from the crowds & densely populated areas. Located 4 blocks from Downtown, the Ashland Guest Cottages were designed with the flexibility to be operated as long term, a Boutique Vacation Rental or a Bed & Breakfast. There are four separate homes, eight suites. All w/ private entrances, living & dining areas, kitchens, 7 bedrooms + Murphy bed in the Office & 8 full baths. Turnkey Property. Four Guest Cottages: (2) 2bd/2bth & (2) 1bd/1bth. Plus an Owner's Unit w/private patio & attached 500sf office/Studio Apt. Since 2014 the entire property has been remodeled or added on; new baths, new Heat & A/C (Daikin Mini-splits, all units), new/updated plumbing & electric, furnishings, beautiful landscaping. Granite counters, French doors, formal dining. Laundry room, 7 off street parking spots. Includes most furnishings. Strong financials yield an attractive cap rate, consistently booked with repeat clientele.
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