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    263 S Miller

    Rockaway Beach, OR 97136
    • $429,000
    • STATUS: Active
    • ON SITE: 44 days
    • MLS #: 21450111
    UPDATED: 142 min ago
    $429,000
    • 3
      BEDS
    • N/A
      ACRES
    • 2
      BATHS
    • 0
      1/2 BATHS
    • 2,545
      SQFT
    • $169
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1942
    County:

    School Information

    Elementary School:
    Middle School:
    High School:

    Description

    Great opportunity to purchase rental income property in the center of Rockaway Beach! Zoned commercial - 4-plex with extra storage. Across street from beach. Located close to City Hall, local businesses, restaurants, pubs, and community events. Many possibilities with this parcel! All units are rented. Showings only with an accepted offer due to tenants with disabilities...Financials on file. ONLY CASH OFFERS WILL BE CONSIDERED.

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    Listing content is copyright © 2021 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 Beach Loop Realty are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Data last updated 2021-07-30T23:39:46.63.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 Beach Loop Realty and should be independently verified.
    www.beachlooprealty.com/homes/118357256
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    263 S Miller Rockaway Beach, OR 97136

    • Price: $429,000
    • Status: Active
    • Updated: 142 min ago
    • MLS #: 21450111
    3
    Beds
    2
    Baths
    0
    ½ Baths
    N/A
    Acres
    2,545
    SQFT
    $169
    $/SQFT
    1942
    Built
    Neighborhood:
    195-Tillamook County
    County:
    Tillamook
    Area:
    195-Tillamook County
    Elementary School:
    Garibaldi
    Middle School:
    Neah-Kah-Nie
    High School:
    Neah-Kah-Nie
    Property Description
    Great opportunity to purchase rental income property in the center of Rockaway Beach! Zoned commercial - 4-plex with extra storage. Across street from beach. Located close to City Hall, local businesses, restaurants, pubs, and community events. Many possibilities with this parcel! All units are rented. Showings only with an accepted offer due to tenants with disabilities...Financials on file. ONLY CASH OFFERS WILL BE CONSIDERED.
    Exterior Features

    Exterior Description Vinyl Siding Lot Description Level Lot Size 7000 To 9999 Sqft Roof Type Composition View City View YN Yes Water Description Public

    Interior Features

    Basement Crawl Space Foundation Details Concrete Perimeter Heating Description Baseboard Hot Water Description Electricity Unit Features RangeRefrigerator Unit Type1 Features RangeRefrigerator Unit Type2 Features RangeRefrigerator Unit Type3 Features Range

    Property Features

    Bank Owned YN No Capitalization Rate 5.43 CCRs YN No Country Us Fuel Description Electricity Gross Income Actual 33420 Gross Income Projected 35040 Gross Rent Multiplier 12.84 Net Income Actual 23315 Net Income Projected 24935 Operating Expenses Actual 10104 Operating Expenses Projected 10104 Property Condition Approximately Rent Includes Trash CollectionSewerWaterMaintenance Grounds Security Features None Sewer Description Public Sewer Short Sale YN No Storage Individual Storage Units Tax Amount 2042.04 Third Party Approval YN No Unit Type1 Rent 2035 Unit Type1 Units Total 3 Unit Type2 Rent 750 Unit Type2 Units Total 1 Zoning C-1

    Listing provided courtesy of Croman & Assoc. Realty, Inc..


    Listing content is copyright © 2021 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 Beach Loop Realty are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Data last updated 2021-07-30T23:39:46.63.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 Beach Loop Realty and should be independently verified.
     
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    535 2nd Street SE
    Bandon OR, 97411