Eagle Point, OR 97524

Listing Courtesy of Merit Commercial RE, LLC.

$1,215,000

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List Price
$1,215,000
MLS#
220229277
Status
ACTIVE
City
Eagle Point
County
Jackson
Year Built
1996

Property Description

Exclusively presented for sale - 162 & 166 Napa Street, two 1996-built apartment buildings in Eagle Point, OR. Situated in a quiet residential neighborhood directly next to Eagle Point High School, the side-by-side fourplex (162) and triplex (166) offer a total of (7) large 2-bed/2-bath units, plus three attached garages beneath Unit C in the triplex, with additional alley-accessed parking spaces. 166 Napa, Unit A, located on the first floor, is currently vacant, creating an immediate owner-occupant opportunity or near-term lease-up potential. Existing tenants are on MTM leases with below-market rents, providing flexibility for future rent growth. Landlord currently provides water and sewer; tenants pay garbage, unit power, and internet. Individual buildings are also available on a standalone basis - 162 Napa MLS #220229276 and 166 Napa MLS #220229275. Contact brokers for more info!

Additional Information

Taxes
$7,095
Acres
0.41
Water
Public
Heating
Baseboard, Heat Pump
Foundation
Concrete Perimeter
Flooring
Carpet, Vinyl
Elementary School
Check With District
Middle School
Check With District
High School
Eagle Point High

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Calculator source: Real Geeks

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