Bought with Non Rmls Broker
$822,500
$850,000
3.2%For more information regarding the value of a property, please contact us for a free consultation.
SOLD DATE : 04/25/2024
Key Details
Sold Price $822,500
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 23372919
Sold Date 04/25/24
Year Built 1979
Annual Tax Amount $5,842
Tax Year 2022
Property Description
Welcome to 145 Cedar Street - a rare public offering of a beautiful six-plex in a quiet and quaint neighborhood in busy Rogue River! This property features six, 2-bed / 1-bath fully renovated units, surrounding a central courtyard. Following extensive renovations, the property produces great rental income with a strong tenant mix and occupancy history. Believed to not be in a flood zone. The City of Rogue River is strategically located directly between Medford and Grants Pass on I-5, and has consistently shown strong tenant demand in the stunning walkable city. One of only a handful of apartment complexes in beautiful Rogue River!
Location
State OR
County Jackson
Community Commons
Area _790
Zoning C-1
Rooms
Basement Crawl Space
Interior
Heating Ductless
Exterior
Community Features Commons
View Mountain, Territorial
Garage No
Building
Lot Description Corner Lot, Gentle Sloping
Story 1
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public Water
Level or Stories 1
Schools
Elementary Schools Rogue River
Middle Schools Rogue River
High Schools Rogue River
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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