315 S 2ND ST, Coos Bay, OR 97420 - MLS#24613061

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Listed by Pacific Properties • 541-260-2651

$350,000

Est. payment - /mo

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6,969 Sqft Lot

Pending

315 S 2ND ST Coos Bay, OR 97420

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Whitney Johnson

whitney@unitedcountrynw.com +1(509) 240-6438

UPDATED:

11/24/2024 12:49 AM

Key Details

Property Type Multi-Family

Listing Status Pending

Purchase Type For Sale

Subdivision Downtown

MLS Listing ID 24613061

Year Built 1930

Annual Tax Amount $3,575

Tax Year 2023

Lot Size 6,969 Sqft

Property Description

Whoa! This is like Yosemite's Half Dome; the upside to this investment opportunity is steep! The rents are about half of market rent but then again the building could use some help from the likes of Tim Allen of Home Improvement or Joanna Gaines for you Millennials. The location is super ideal, like Wall Street, only it's Coos Bay. Didn't think you could ever afford a 13-unit apartment building - now you can! 10-units currently occupied. All one-bedroom units, common laundry. No rent increases for 3+ years. Same owner for 35+ years and has been owner managed for 80+ years. Rents include: hot water (natural gas), washer/dryer, (not coin-op), and garbage.

Location

State OR

County Coos

Area _260

Zoning C

Interior

Heating Zoned

Exterior

View City

Garage No

Building

Lot Description Flood Zone, Public Road

Story 3

Sewer Public Sewer

Water Public Water

Level or Stories 3

Schools

Elementary Schools Coos Bay

Middle Schools Millicoma

High Schools Marshfield

Others

Acceptable Financing Cash

Listing Terms Cash

Regional Multiple Listing Service (RMLS)

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Whitney Johnson

Owner/Broker | License ID: 90947

+1(509) 240-6438

Whitney Johnson

315 S 2ND ST Coos Bay, OR 97420

Whitney Johnson

Key Details

Location

Interior

Exterior

Building

Schools

Others

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