Rare turnkey riverfront investment opportunity with exceptional upside potential. Property includes a 6-plex where every unit has been meticulously restored to like-new condition with extensive structural improvements and quality upgrades throughout. Features include mini-split HVAC systems, new roof, new windows, updated cabinets, flooring, plumbing and electrical fixtures, plus a new septic system and well system for long-term reliability. Property also includes an additional manufactured home, community laundry facility, dog run, and expansive parking area. The riverfront setting creates an attractive amenity for tenants or owner use while offering the potential to develop an additional revenue stream catering to short-stay or vacation clientele. Scheduled gross income of approximately $120,000 annually, low operating expenses, and an attractive 6.86% capitalization rate make this a compelling opportunity for investors seeking strong cash flow and future growth potential.
Features
4480 sq. ft. floor area
crop_free59677.2 sq. ft. lot size
cottageMulti-Family
Property history for 5333 Rogue River Highway
2022
Sold
$319,900
12 Sep 2022 by Sherill Boots, of REMAX Integrity | Grants Pass
Happy sellers in Gold Hill
~%
We have insufficient information to provide an overview of customer satisfaction for Gold Hill. Viewing the agent profiles, reviews and sales for Gold Hill can provide insights for this location.
Local market activity for multi families in Gold Hill
Sold
For Sale
View the listing for inspection times, agent contact details, and more.