Great investment opportunity for a Tri-plex in downtown Grants Pass! Garages are NOT included in rent or as part of rental units, currently used by owner for storage - potential to add to each unit or develop into another rental (verify with city). One tenant (C) is long term renter while others (AandB) are FULLY FURNISHED units for longer short-term occupants (3-4 months) and INCLUDES ALL UTILITIES. Unit A is above the garages. B and C are 2 story w/ 1.5 baths. Concrete parking lot makes this no maintenance property easy to own. Current cap rate of 8.08% does not include property management (PM) costs as owner is PM. Seller would like to continue use as storage for a period after closing, period to be negotiated with buyer. Buyers to perform their own due diligence as to desired use. Seller will not pay commissions on any seller concessions. For more details: https://realtyww.info/homes_grants-pass-c444341/for-sale_i37953861
Extra Information for 311 Se L St Grants Pass, OR
- Seller Type: By Owner
- Category: Single-Family Houses
- Conditions: Resale
- Amenities: Storage
- Listed Date: Mar 31, 2022
