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231 NW 3rd 1-3 St

Newport, OR 97365
  • $799,000
  • STATUS: Active
  • MLS #: 24231183
$799,000
  • 0
    BEDS
  • 0.11
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1997
County:

School Information

Elementary School:
Middle School:
High School:

Description

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!!! Received quotes from two property management firms who assessed that the 2x1s could lease between $1600 to $1900 and the 3 bedrooms from $1800 to $2400.

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Listing content is copyright © 2024 RMLS™, Portland, Oregon. The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Reuben Bray Homes | Realty One Group Prestige are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Data last updated 2024-04-04T00:50:21.29.Data deemed reliable but not guaranteed. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed accurate by RMLS™ or Reuben Bray Homes | Realty One Group Prestige and should be independently verified.
www.reubenbrayhomes.com/homes/146717829
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231 NW 3rd 1-3 St Newport, OR 97365

  • Price: $799,000
  • Status: Active
  • On Site: Days
  • MLS #: 24231183
0
Beds
0
Baths
0
½ Baths
0.11
Acres
1997
Built
Neighborhood:
200-Lincoln County
County:
Lincoln
Area:
200-Lincoln County
Elementary School:
Sam Case
Middle School:
Newport
High School:
Newport
Property Description
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!!! Received quotes from two property management firms who assessed that the 2x1s could lease between $1600 to $1900 and the 3 bedrooms from $1800 to $2400.
Exterior Features

Attached Garage YN No Exterior Description T111 Siding Foundation Details Slab Lot Features Commons Parking Features Garage Open Parking Total 4 Road Surface Type Paved View Description Ocean View YN Yes Waterfront Features Other Waterfront YN Yes

Interior Features

Cooling YN No Heating Zoned Heating YN Yes

Property Features

Bank Owned YN No Fuel Description Electricity Green Certification YN No Gross Income 0 Hot Water Description Electricity IDXAddress Display YN Yes Internet Service Type Cable Listing Terms Cash Conventional Net Operating Income 0 Operating Expense 0 Property Attached YN No Rent Includes None Sewer Public Sewer Short Sale YN No Storage Deck Tax Annual Amount 5704.86 Tax Year 2023 Water Source Public Water Zoning R-4

Listing provided courtesy of Realty One Group At The Beach: .


Listing content is copyright © 2024 RMLS™, Portland, Oregon. The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Reuben Bray Homes | Realty One Group Prestige are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Data last updated 2024-04-04T00:50:21.29.Data deemed reliable but not guaranteed. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed accurate by RMLS™ or Reuben Bray Homes | Realty One Group Prestige and should be independently verified.
 
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