Investor's Dream! This is one of the two triplexes

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Townhome/Townhouse For Sale

Newport, Oregon 97365

Lincoln County Ocean View: Yes

Community: 

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$799,000 7 br, 4.0 bath 2832 sq. ft. 0.090 acres

Investor's Dream! This is one of the two triplexes available--each with a 3x2 and two 2x1 units. Enjoy ample parking, short proximity to the ocean, and Nye Beach's shopping and dining. Ideal proximity to Newport Performing Arts Center, groceries, parks, the post office, library, and more. Out of the tsunami zone. Recent remodels including painting, flooring, and appliances, offer a fresh appeal. Multiple investment opportunities. Lincoln County's lack of affordable housing makes this a lucrative investment. Newly established HOA, complete with 8/2021 structural condition report, condo conversion assessment and reserve study. All this for $799,000!!!The listing agent received quotes from two property management firms who assessed that the 2x1s could lease between $1600 to $1900 and the

Interior:
  • Bedrooms: 7
  • Baths: 4.0
  • Sq Ft: 2832
  • Year Built: 1997
  • Utilities: 
  • Fireplaces: 
  • Stories: 2.0
  • Heat/AC: 
  • Garage: 
Exterior:
  • Lot Size: 0.090 acre
  • Lot Dimensions: 
  • View Types: None, Ocean
  • Yard: 
  • Siding: 
  • Roof: Unknown
  • Property Taxes: $5,705
  • Yearly HOA Fee: $8,775
  • MLS #: 23-2282
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Beach Townhome/Townhouse For Sale in Newport, Oregon
Ad Number: 4619548
Viewed 41 times.
Updated: Feb 17, 2024

This property is a Townhome/Townhouse located at , Newport, Oregon 97365, and is currently For Sale at $799,000. This Townhome/Townhouse has 7 bedrooms, 4.0 baths, 2832 sq ft.

Listing Agent: Gina Rae Bebek, Realty ONE Group At the Beach, 503-753-9071, 503-990-7137 Listing Site, Listing Status: Active
Copyright © 2024 Lincoln County Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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