Coos Bay, OR 97420,649 S WALL ST
Coos Bay, OR 97420,649 S WALL ST
Coos Bay, OR 97420,649 S WALL ST
Coos Bay, OR 97420,649 S WALL ST
Coos Bay, OR 97420,649 S WALL ST
Coos Bay, OR 97420,649 S WALL ST
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Listed by AP Coast Realty, LLC • AliceParsonsRealtor@gmail.com
Bought with AP Coast Realty, LLC

$425,000

$460,000

7.6%
Est.Price: ?

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Est. payment /mo

2,808 SqFt


SOLD DATE : 07/30/2024

Key Details

Sold Price $425,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 2,808 sqft

Price per Sqft $151

Subdivision Empire

MLS Listing ID 23695436

Sold Date 07/30/24

Year Built 1951

Annual Tax Amount $4,117

Tax Year 2023

Property Description

Investors and Home Buyers - what an opportunity! This sale includes a 1072 sq.ft. Single Family home, and a 1736 sq.ft. Duplex. Home features 3 bedrooms, and covered patio, with greenhouse area. Seller lived in the single family home (24 years), both duplex units are rented, and Seller loves both tenants who would like to stay! There are so many unique attributes and features including covered patio with a greenhouse area as well as a motorcycle garage, garden shed and a large workshop with cabinets and shelving. There is room for RV and/or Boat as well. Both Duplexes have 2 bedrooms, as well as covered rear patios. Property is fenced and Seller says Security System and Cameras covering both the house and duplex stay! Parking for all units is securely situated behind the homes, accessed via the Alley from Fulton St. Both Duplex units have Storage Sheds and Laundry Rooms, as well as off street parking behind the units. Tenants would like to stay and they are really good tenants per seller! Both sides of the Duplex are the same layout but reversed. Taxes are $1563.87 + $2553.49 = $4117.36. Duplex Rents are currently $950 & $950, below market rates. Cap rate is lower since seller lived in 3 bed home, therefore rental income is only for the duplex. This is a well maintained, ideal set up for an owner in the main house and the duplex as income, or rent all three units. Property is close to the Bay, the Beaches, the Shopping, Community College, Medical Facilities, along with Fishing, Hunting as well as the Oregon National Dunes Recreation Area, and all that the south coast has to offer. This is a great opportunity for income producing property in a thriving community. PLEASE DO NOT DISTURB TENANTS (Day Sleeper) APPOINTMENT REQUIRED FOR ALL SHOWINGS!

Location

State OR

County Coos

Area _260

Zoning R-2

Rooms

Basement Crawl Space

Interior

Heating Zoned

Exterior

Waterfront Yes

Waterfront Description Other

Garage No

Building

Lot Description Gentle Sloping, Level

Story 1

Foundation Block

Sewer Public Sewer

Water Public Water

Level or Stories 1

Schools

Elementary Schools Madison

Middle Schools Coos Bay

High Schools Marshfield

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

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Regional Multiple Listing Service (RMLS)

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Ted Tanner

Principal Broker | Lic# 201210644

+1(503) 828-7839

1915 NE Stucki Ave. Suite 250, Hillsboro, OR, 97006

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