Specializing in Listing Homes in Grants Pass and Its Surrounding Areas
Russell Garceau
Great opportunity to own this sweet 3-unit traveler accommodation property with E1 zoning right near Ashlands Plaza. Vintage charm and fantastic location! The Main home has nice open main living areas, lots of natural light and is comfortable and welcoming. Full kitchen, dining room, nice breakfast room, 2 bedrooms and 2 baths. Charming front porch for sunset views. Paver driveway leads to off street parking and to the two additional studios. The property was extensively remodeled in 2001. Great income. The cap rate in 2018 & 2019 prior to Covid was about 7.2%+. Cap rate in 2021 is 6.4%.