Description
Affordable investment opportunities are getting harder to find! In the heart of Grants Pass, this solid 1978 duplex offers strong income potential and flexibility. Each unit is 1 bed/1 bath, approx. 672 sq ft, with a large living room, galley kitchen, and comfortable bedroom--an easy rental in a strong market. Unit A rents for $975/month, while Unit B is vacant, offering upside to place a new tenant at current rates or live in one side and offset expenses. Includes two tenant storage units and simple, low-maintenance management ideal for self-managing investors. Owner-occupants may qualify for FHA financing with lower rates than investor loans. Proforma cap rate approx. 6.6%
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2BEDS
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0.13ACRES
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2BATHS
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01/2 BATHS
School Information
Description
Affordable investment opportunities are getting harder to find! In the heart of Grants Pass, this solid 1978 duplex offers strong income potential and flexibility. Each unit is 1 bed/1 bath, approx. 672 sq ft, with a large living room, galley kitchen, and comfortable bedroom--an easy rental in a strong market. Unit A rents for $975/month, while Unit B is vacant, offering upside to place a new tenant at current rates or live in one side and offset expenses. Includes two tenant storage units and simple, low-maintenance management ideal for self-managing investors. Owner-occupants may qualify for FHA financing with lower rates than investor loans. Proforma cap rate approx. 6.6%
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