1135 RHODODENDRON DR Florence, OR 97439

Discover a prime investment opportunity nestled near the historic Old Town Florence District! This duplex presents an ideal chance for investors seeking to capitalize on the thriving real estate market in this charming locale. Currently occupied by long-term tenants, the property offers immediate rental income while also harboring significant potential for enhancement. Unit 1135 boasts a spacious layout encompassing 3 bedrooms and 2 bathrooms spread across 1,272 square feet. Adjacent, a 336-square-foot single-car garage provides convenient parking and additional storage options. Complementing this, Unit 1137 features a cozy 520-square-foot configuration with 1 bedroom and 1 bathroom, catering perfectly to varying tenant needs. Strategically positioned near the Historic Old Town Florence District, this property promises not only steady rental income but also the allure of transformation into a lucrative short-term rental hotspot. With its current tenant occupancy, you have the flexibility to maintain stable rental revenue on a month-to-month basis or seize the opportunity to refurbish and elevate the property?s appeal, thereby enhancing its rental potential even further. The choice is yours to either capitalize on immediate returns or embark on a venture to maximize future profitability. Surrounded by the timeless charm of Old Town Florence, residents and visitors alike relish the proximity to historic landmarks, local shops, vibrant dining options, and scenic vistas. This location not only ensures a desirable living environment for tenants but also solidifies its standing as a sought-after destination for vacationers seeking authentic experiences. Act now to secure your stake in this promising investment opportunity .