Versatile Property with Two Income-generating Units

USD $360,000
431 North 5th Street, Central Point, Oregon, 97502, USA

Property Highlights

  • Two separate rental units
  • Newer oven and dishwasher
  • Guest house with kitchen and bath
  • Washer and dryer hook-ups in guest unit
  • Separate parking for each unit
  • Fenced yards for both units

Overview

Imagine owning a rental property that not only generates income but also offers the flexibility and independence of two separate units. Main House: 3-bedroom, 1-bathroom home has a newer oven and dishwasher. Guest House: A large studio with its own bathroom and kitchen, complete with washer and dryer hook-ups. Both units already produce income and were raised in April 2025 but can support future increases for current rental demand. Utilities: Each unit has its own parking area, electrical meter, and sewer line. There is a shared water line managed by Central Point Water Services. Both units have their own fenced yards, providing a safe and enjoyable outdoor area for tenants. This property not only meets the needs of today's renters but also positions you for future growth in a thriving rental market. Whether you're looking to build equity or generate passive income this property offers a financially responsible pathway to achieving your investment goals.
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Property Features

431 North 5th Street, Central Point, Oregon, 97502, USA offers the following features:

Bedrooms: 3
Bathrooms: 2 Full
Living Area: 1748sf
Property Type: Residential
Status: Pending
Reference ID: 220206099

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