$975,000
Units: 7
1001 Days On Market

Listing courtesy of All Professionals Real Estate.

Status: Pending
Year Built: 1935
Days On Website: 1001

Property Details for 235 S Miller, Rockaway Beach, OR 97136

Steps to the beach, this turnkey triplex and quadplex multifamily property is a great opportunity to invest on the Oregon Coast. Sale consists of two properties, 7 units total. Currently operated as Vacation Rentals. The two properties consists of five 2-Bedroom units, and two 1-Bedroom units. Both properties are to be sold together.

Unit Two

  • 1 total bathroom
  • Actual Rent: $800
  • Features: Furnished,Microwave,Refrigerator
  • Units Total: 2
  • 1 total bedroom

Property Access

  • Road Surface Type: Paved

Basement

  • Basement: CrawlSpace

Building

  • Building Area Total: 3915
  • Built in 1935
  • Stories: 2
  • Unit Type Type: UnitTypeType1,UnitTypeType2

Disclosures

  • Disclosures: Disclosure

Expenses

  • Operating Expense: $22,333

Exterior Features

  • Exterior Description: Cedar,ShakeSiding

Heating

  • Heating Available
  • Heating: WallFurnace

Income

  • CAP Rate: 7.06
  • Gross Income: $91,200
  • Gross Rent Multiplier: 10.69
  • Net Operating Income: $68,867

Listing

  • Contract Status Change Date: 2022-05-09
  • Cumulative Days On Market: 314
  • Days On Market: 314
  • Last Transaction Date: 2022-05-09 10:41:40
  • List Price: $975,000
  • Listing Contract Date: 2021-06-29
  • Listing Id: 21145169
  • Mls Status: Pending
  • Modification Timestamp: 2022-05-09 10:41:40
  • Off Market Date: 2022-05-09
  • On Market Date: 2021-06-29
  • Purchase Contract Date: 2022-05-09
  • Rent Includes: CableTV,Electricity,Heat,Sewer,TrashCollection,Water
  • Standard Status: Pending

Location

  • MLS Area Major: _195
  • County Or Parish: Tillamook

Lot

  • Features: Level
  • Size Range: SqFt7000to9999
  • Size: 7,000 to 9,999 SqFt

Miscellaneous

  • Investor Information: Leases

Property

  • Number Of Units Total: 7
  • Property View
  • Zoning: RK

Roof

  • Roof: Metal

Schools

  • High School: Neah-Kah-Nie
  • Middle Or Junior School: Neah-Kah-Nie
  • Elementary School: Garibaldi

Sewer

  • Sewer: PublicSewer

Taxes

  • Annual Amount: $1,747
  • Legal Description
  • Tax Year: 2020

Unit One

  • Actual Rent: $1,200
  • Features: Furnished,Microwave,Refrigerator
  • Units Total: 5
  • 1 total bathroom
  • 2 total bedroom

Utilities

  • Fuel Description: Electricity
  • Hot Water Description: Electricity
  • Water Source: PublicWater

Map View


$975,000 - 235 S Miller, Rockaway Beach, OR 97136

Street View


Directions


235 S Miller
Rockaway Beach, OR 97136
MLS Area Major: _195

This content last updated on March 28, 2024 1:45PM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.