22625 Highway 62

Shady Cove, OR 97539

Description

''Riffles of the Rogue'' - Historic cabins right across from the Rogue River in Shady Cove. Six 1-bedroom, 1-bath cabins stay rented at $600 each monthly, plus a 2-bedroom, 1-bath home with basement rented at $1,400 per month. These rentals have very low turnovers. 2.66 Acres, zoned G-C with plenty of space for more units or possible RV's. City sewer, 2 wells, and river irrigation. Enjoy the existing income while you finish developing this property to its full potential.

List Price $795,000
Bedrooms 8
Bathrooms 7
Approx. Sq Ft 2700
Lot Size 2.65 acres
Year Built 1945
Property Type Multifamily
Garage Yes
Basement Yes
Listing Id 220111180