4600 Rogue River Highway
Property Description
Cash flow property! A rare 9-unit opportunity offering income stability. This one-of-a-kind investment features a 3-bedroom main home, ideal for owner occupancy or on-site management. The other units include six 1-bedroom cottages, one 2-bedroom, and a studio. In addition to the 9 permanent units, there are two spots for RV parking, a laundry room and 2 storage spaces that all provide revenue.The property currently generates an impressive annual income over $134,000, with a net profit over $80,000 annually, based on existing rents. Total monthly rental income is currently $11,175. Several units enjoy decks overlooking the iconic Rogue River, paired with sweeping mountain views, an amenity that enhances both tenant retention and rental appeal. A shared common area provides additional value for tenant enjoyment and community feel. Ideally located between Grants Pass and Medford, providing convenient access to regional amenities. Owner-financing is not available.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $1,190,000 |
| No. of Units: | 9 |
| Year Built: | 1936 |
| Lot Size: | 5,699.00 Sq ft |
| Opportunity Zone: | No |
| Price per unit: | $132,222 |
| Property Website | Click Here |
| Number of Bedrooms: | 0 |
| Number of Bathrooms: | 0 |
ID: 3yd-ODOR-220218684
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