Affordable investment opportunities are getting harder to find! In the heart of Grants Pass, this solid 1978 duplex offers strong income potential and flexibility. Each unit is 1 bed/1 bath, approx. 672 sq ft, with a large living room, galley kitchen, and comfortable bedroom--an easy rental in a strong market. Unit A rents for $975/month, while Unit B is vacant, offering upside to place a new tenant at current rates or live in one side and offset expenses. Includes two tenant storage units and simple, low-maintenance management ideal for self-managing investors. Owner-occupants may qualify for FHA financing with lower rates than investor loans. Proforma cap rate approx. 6.6%
105 days
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184
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7
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Zillow last checked:
Listing updated:
Listed by:
Windermere Van Vleet & Assoc2541-779-6520
Source: Oregon Datashare,MLS#: 220218518
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Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 2
Bathrooms: 2
Full bathrooms: 2
Heating
Baseboard
Cooling
Wall/Window Unit(s)
Appliances
Included: Range, Range Hood, Refrigerator
Features
Shower/Tub Combo
Flooring: Vinyl
Windows: Aluminum Frames
Basement: None
Has fireplace: No
Common walls with other units/homes: 1 Common Wall
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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