Description
3 LOTS TOTAL (high density) and a fully rented income producing 4-plex with infastructure in place for development of 8 additional units. Located on the edge of town in a strong rental corridor near Rogue Community College, Asante Three Rivers Medical Center, shopping, & dining. Seller has initiated the development process, with plans available, & city sewer and water are at the street. The quadraplex consists of four 2-bedroom units (three 2BD/1BA and one 2BD/1.5BA). Three of the four units have been updated, supporting solid rental demand. Three units share a community laundry room, while one unit includes a garage & in-unit laundry hookups. Two on-site storage units currently used by the seller provide space for equipment, materials, or tenant use. Rare opportunity to acquire three adjacent properties with existing cash flow & future upside in a desirable growth location. SELLER WILL CONSIDER ALL REASONABLE OFFERS. *Buyer to perform their own due diligence
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8BEDS
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0.39ACRES
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4BATHS
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01/2 BATHS
School Information
Description
3 LOTS TOTAL (high density) and a fully rented income producing 4-plex with infastructure in place for development of 8 additional units. Located on the edge of town in a strong rental corridor near Rogue Community College, Asante Three Rivers Medical Center, shopping, & dining. Seller has initiated the development process, with plans available, & city sewer and water are at the street. The quadraplex consists of four 2-bedroom units (three 2BD/1BA and one 2BD/1.5BA). Three of the four units have been updated, supporting solid rental demand. Three units share a community laundry room, while one unit includes a garage & in-unit laundry hookups. Two on-site storage units currently used by the seller provide space for equipment, materials, or tenant use. Rare opportunity to acquire three adjacent properties with existing cash flow & future upside in a desirable growth location. SELLER WILL CONSIDER ALL REASONABLE OFFERS. *Buyer to perform their own due diligence
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