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32896032
32896053

563 ROCK ST, ASHLAND, OR 97520-1636

PM
OR OR 940200113
Millen Property Group
Listed by Millen Property Group
$965,000
14 days on market
Updated 1 day ago

563 ROCK ST ASHLAND OR 97520-1636

Details
APN 10056219
Property Type Multifamily, Hospitality
Sub Type Student Housing, Single Family Rental Portfolio
Square Footage 2,790
Year Built 1895
Year Renovated 2018
Buildings 3
Stories 2
Acreage 0.200
Zoning SF R-2
Investment Type Owner/User

Multi-Unit Rentals

Marketing description

Rare opportunity to own 2 residences plus a studio on one tax lot. Offers exceptional flexibility for multigenerational living, rental income, live-work, or guest accommodations. The 1,720 SF main residence was fully renovated in 2018, including a new poured foundation, and has 4 bedrooms, 2 baths, open living spaces, a kitchen with crisp white cabinets, subway tile backsplash & a main level bedroom. The main residence includes a double garage with a 480 SF upper-level studio with a full bath. A separate second 1,070 SF residence, built in 2018, offers stylish & charming single-level living with high ceilings, 2 bedrooms, 2 baths, & contemporary finishes. Situated in an established historic neighborhood with mature trees, the property has off-street parking, modern systems, and is close to Ashland's downtown. This R-2-zoned property features separate addresses & meters & allows for 2 Airbnb units with owner occupancy on premises. Request property offering details.

Investment highlights

  • Two Updated Residences on One Tax Lot
  • R2 Zoning With Flexible Use Potential
  • Separate Addresses & Utility Meters
  • Potential for 2 Owner-Occupied AirBNB Units
  • Detached Garage With Upper-Level Studio & Full Bath
  • Strong Income or Multigenerational Living Opportunity
  • Modern Systems & Extensive Renovations
  • Off-Street Parking & Excellent Condition
  • Second Home Built in 2018
  • Past Rental Income of $5,295 Monthly
  • Opportunity to Explore Additional Residential Conversion
  • Desirable Neighborhood Location

Listing Contacts

PM
OR OR 940200113
Millen Property Group
Listed by Millen Property Group

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Additional Information

Name
Patie Millen
License
OR 940200113
Brokerage
Millen Property Gfoup
Brokerage Phone
541-301-3435
Title
Principal Broker
Brokerage Address
545 A Street
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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