REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your advisor will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 1,825,000
Est. payment | /mo
6,508 SqFt
$ 1,825,000
Est. payment | /mo
6,508 SqFt
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 6,508 sqft
Price per Sqft $280
MLS Listing ID 220217511
Style Bungalow
Year Built 1969
Annual Tax Amount $2,535
Lot Size 8.030 Acres
Acres 8.03
Lot Dimensions 8.03
Property Sub-Type Multi Family
Property Description
Amazing investment opportunity featuring 12 units, including 7 individual cottages, 2 duplexes, and one 3-bedroom home, all set on 8 park-like acres. Currently generating over $13,000 in monthly rents with a strong 7% cap rate, this property offers immediate cash flow with additional upside potential through future rent increases and self-management. Tenants are consistently drawn to the unique layout of spread-out cottages nestled among mature trees, creating a private, community-style setting with beautifully maintained grounds. Many long-term tenants provide stability and consistent income. The property has seen numerous updates, including clean, well-maintained interiors full of charm, newer roofs, rain gutters, irrigation, a strong well, fenced yards, common areas, community laundry with coin-op machines, and ductless mini-split HVAC systems for efficient heating and cooling. This rare find combines rural tranquility with a robust, diversified revenue stream for the savvy investor
Location
State OR
County Josephine
Interior
Heating Electric, Heat Pump
Cooling Heat Pump
Exterior
Parking Features Driveway
Roof Type Composition
Building
Foundation Block, Pillar/Post/Pier
Water Well
Architectural Style Bungalow
Level or Stories One
Structure Type Frame
New Construction No
Schools
High Schools Hidden Valley High
Others
Senior Community No
Tax ID R315483
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Standard
Listed by eXp Realty, LLC
NEARBY SCHOOL & BUSINESS
GET MORE INFORMATION
QUICK SEARCH