522 SE J Street A & BGrants Pass, OR 97526

Description

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 and unit B rents for $1,250/month. 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%

Property Information

Property type

Residential Income

Sub-type

Duplex

Structure type

House

Year built

1978

Building area

1,344 Sq Ft

Lot size

0.13 acres

Days on market

195

MLS^® Listing#

220218518

Property Features

Appliances

Range · Refrigerator · Range Hood

Cooling

Wall/Window Unit(s)

Heating

Baseboard

Flooring

Vinyl

Basement

None

Parking

On Street

Patio

None

Construction

Frame

Foundation

Concrete Perimeter

Roof

Composition

Windows

Aluminum Frames

Security

Carbon Monoxide Detector(s) · Smoke Detector(s)

Sewer

Public Sewer

Water source

Public

Schools

Elementary

Check with District

Middle

Check with District

High

Check with District

Financial Details

HOA

None

Annual taxes

$2,136Tax year 2025

Parcel number

R310709