Description
Take a look at this structurally upgraded duplex near downtown Grants Pass. This 1915 building has it all: the charm of an older building along with the added benefit of being recently upgraded. Per the owner, this building now has all new trusses, a new roof, a lifted/ leveled foundation, new min-split heat pumps in each unit as well as new concrete stairs leading to the upstairs unit. This duplex has a great/ solid rental history with current rents generating $1875.00/ month (this is a CAP rate of more than 7%). You could keep this property as a solid income producing property, or you could possibly convert it back into a single family residence.
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0BEDS
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0.11ACRES
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0BATHS
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01/2 BATHS
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1,398SQFT
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$207$/SQFT
School Information
Listing courtesy of Complete Real Estate Services Inc.Description
Take a look at this structurally upgraded duplex near downtown Grants Pass. This 1915 building has it all: the charm of an older building along with the added benefit of being recently upgraded. Per the owner, this building now has all new trusses, a new roof, a lifted/ leveled foundation, new min-split heat pumps in each unit as well as new concrete stairs leading to the upstairs unit. This duplex has a great/ solid rental history with current rents generating $1875.00/ month (this is a CAP rate of more than 7%). You could keep this property as a solid income producing property, or you could possibly convert it back into a single family residence.
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