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About This Home
This 0-bedroom, 0-bathroom residential multi family at 701 Caves Highway in Cave Junction, OR is listed for $295,900 ($127 per sqft). Built in 1977, the home offers 2,336 sqft of living space on a 2.48 acres lot.
Investor Alert! This 4-unit income property on 2.48 acres with RR5 zoning in Cave Junction is a rare find. The property includes 3 income-producing units plus one recently remodeled and currently vacant unit, perfect to live in while collecting rents from the others, or lease all four for maximum return.
Features include two 1 bed/1 bath cottages renting at $825 each, a refreshed 2 bed/1 bath cottage (previously rented at $875) with new appliances and flooring, and a 2 bed/1 bath 1,056 sq. ft. modular home renting for $1,000. Supported by a shared well and two septic systems, all tenants are on month-to-month agreements.
Conveniently located off Hwy 199 next to the fire station, this strong income producer delivers immediate cash flow with excellent potential for future value-add. Don't miss this solid investment! Owner Will Carry!
Key Features
- Built in 1977
- 2.48 acre lot
Property Details
Monthly Cost Estimate
$1,583/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
701 Caves Highway
Cave Junction, OR 97523
Josephine Addition To Grants Pass
Property Details
Flooring
Construction
Parking
Heating
Appliances
Questions & Answers
This 0-bedroom, 0-bathroom residential multi family at 701 Caves Highway is listed at $295,900 ($127/sqft). The estimated monthly payment is $1,282 based on 20% down at 6.5% interest.
Key features include: Built in 1977, 2.48 acre lot.
This property is listed by China Rose and can be reached at (888) 814-9613 or topbrokerrose@gmail.com.
