OR > Merlin
Merlin, OR 97532,387 Tavis DR
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Merlin, OR 97532,387 Tavis DR
Merlin, OR 97532,387 Tavis DR
Merlin, OR 97532,387 Tavis DR
Merlin, OR 97532,387 Tavis DR
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Ellie George

Ellie George

+1(541) 601-9582
$ 1,999,999
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387 Tavis DR Merlin, OR 97532

10,236 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 10,236 sqft

Price per Sqft $195

MLS Listing ID 220168856

Style Other

Year Built 1983

Annual Tax Amount $7,638

Lot Size 8.060 Acres

Acres 8.06

Lot Dimensions 8.06

Property Sub-Type Multi Family

Property Description

16-unit rental portfolio on just over 8 acres of property. Consisting of 16 lots with 10 homes owned by the seller & the remaining 6 homes are tenant-owned renting the space. The property has a current gross rent of approximately $155,000 per year and with some further improvement, has the potential for increasing that to over $200,000/year! Each lot is independent & a new owner could sell off separate lots to create a gain or to tailor the investment to their liking. Located in the heart of Merlin the neighborhood has access to abundant natural beauty & recreation with the world famous Rogue River right nearby - an attraction that draws thousands of travelers each summer who flock to Merlin for rafting & fishing. The Grants Pass city center is just under 9 miles from Tavis Drive providing a variety of dining options, shopping, entertainment, & plentiful health care options.

Location

State OR

County Josephine

Interior

Heating Other

Cooling Other

Exterior

Parking Features Detached, Driveway

Roof Type Composition,Metal

Building

Foundation Other

Water Shared Well, Other

Architectural Style Other

Level or Stories One

New Construction No

Schools

High Schools North Valley High

Others

Senior Community No

Tax ID R303680

Acceptable Financing Cash

Listing Terms Cash

Special Listing Condition Standard

Oregon Data Share
Listed by John L. Scott Medford
Ellie George
Ellie George

Principal Broker/Owner | License ID: 200502069

+1(541) 601-9582 | ellie@elliegeorge.com

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