Grants Pass, OR 97526
- $1,800,000
- List Price
- $1,800,000
- Status
- ACTIVE
- Days on Market
- 87
- MLS#
- 220223452
- Subtype
- Commercial Sale
- Year Built
- 1929
- Lot Size
- 22,651
- Acres
- 0.52
Property Description
Rare investment opportunity in a prime Grants Pass location! This 20 unit income producing property is positioned along the highly visible NW 6th Street corridor, offering excellent exposure, convenience, and long-term potential. Currently operating with a combination of long term and weekly rentals, this property offers strong income potential, a solid return on investment, and additional opportunities to increase revenue through future growth and rental strategies. The current ownership has made significant improvements throughout the property, including a new roof, new sewer lines, new parking lot, updated windows, doors, and exterior paint. 18 of the units have been fully remodeled, creating a turnkey investment opportunity with reduced deferred maintenance. Located minutes from downtown Grants Pass, shopping, restaurants, and services, this property sits in a strong rental market with convenient access to local amenities.
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Additional Information
- Taxes
- $8,525
- Zoning
- Gc; General Comm
- Flooring
- Laminate, Simulated Wood
- Heating
- Other
- Air Conditioning
- Wall/Window Unit(s)
- Stories
- One
- Levels
- One
- Roof
- Composition
- Foundation
- Concrete Perimeter, Slab
- Parking Features
- Asphalt, Attached
Listing courtesy of John L Scott Real Estate Grants Pass.
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The data relating to real estate for sale on this web site comes in part from the Internet Data Display (IDX) of the Southern Oregon Multiple Listing Service. Real estate listings held by brokerage firms other than our company are marked with the IDX logo and detailed information about them includes the name of the listing brokers. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information subject to change and should be independently verified. Last updated: