926 NE D Street Grants Pass, OR 97526
Strong rental market makes this a hot property for cash flow. 10 unit apartment complex located in the Grants Pass Opportunity Zone makes it even more attractive. The complex has 2 buildings on separate lots, building 1 has 4 units and building 2 has 6 units, each building could be sold separately. Building #1 4088 sq. ft., two 1 bedroom units and two 3 bedroom units. Building #2 5668 sq. ft., four 2 bedroom units and two 3 bedroom units. Additionally there is a small coin op laundry room and 10 small storage rooms for tenants possessions. Buildings appear solid, frame construction with concrete block dividing walls between units, slab foundations and roofs replaced approx. 3 years ago on the 4-plex and 5 years ago on the 6-plex. Some rents are below market so there is room to grow the income further. All tenants are month to month, see attached documents for income and expenses.
- Property TypeCommercial
- NeighborhoodN/A
- CountyJackson
- Taxes$3,475
- HOA/Condo/Coop Fees$0
- Days on Site44 Days
- MLS StatusPending
- MLS ID Number220180668
- Home Size Source Assessor
- Year Built1973
- Lot Size0.14 Acres
- Full BathsN/A
- Partial BathsN/A
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General Features
- Construction BlockFrame
- Parking Parking Lot
- Sewer Public Sewer
- Number of Stories 2
- Acreage 0.14
- Water Public
- Zoning R-4
- Security Security System Owned
- Cross Street NE 11th Street
- Attached Garage No
- Foundation Slab
- Listing Conditions Standard
Interior Features
- Cooling Wall/ Window Unit(s)
- Heating ElectricForced AirRadiant
- Flooring CarpetVinylOther
Exterior Features
- Roof Composition
- Lot Landscaped
Community Features
- Security Features Security System Owned