Beautiful river and bay views from this well maintained 6+ unit cottage cluster. Walk to shopping, dock fishing, restaurants, coffee, boat ramp, public park and health care from this iconic Wheeler location. Updated exteriors and parking in excellent condition with several of the unit interiors remodeled. Decks with views from all 6 units. Extra parking, and currently unused space for hwy frontage retail or ? Don't miss the aerial video. This property must be seen in person to appreciate.

Exterior Description Cement Siding Lot Description Gentle Sloping Lot Size 1 To 2.99 Acres Parking Features Garage Door OpenerPaved Roof Type Composition View BayMountain(S) View YN Yes Water Description Public Water Front YN Yes Water Name Nehalem Bay Waterfront Description Bay Front

Basement Exterior EntryPartially FinishedStorage Space Foundation Details SlabStem WallConcrete Perimeter Heating Description Baseboard Hot Water Description Electricity Unit Features RangeRefrigerator Unit Type1 Features RangeRefrigerator Unit Type1 Sq Ft 600 Unit Type2 Features RangeRefrigerator Unit Type2 Sq Ft 600 Unit Type3 Features RangeRefrigerator Unit Type3 Sq Ft 556 Unit Type4 Features RangeRefrigerator Unit Type4 Sq Ft 480 Unit Type5 Features Range Unit Type5 Sq Ft 462 Unit Type6 Features RangeRefrigerator Unit Type6 Sq Ft 1000

Bank Owned YN No Common Amenities CommonsLaundry Country Us Fuel Description Electricity Gross Income Actual 47550 Gross Income Projected 70800 Gross Rent Multiplier 16.80 Net Income Actual 0 Net Income Projected 45800 Occupancy Types Month To MonthVacant Operating Expenses Actual 48388 Operating Expenses Projected 25000 Property Condition Updated/Remodeled Rent Includes Trash CollectionSewerWater Security Features Unknown Seller Disclosure Disclosure Sewer Description Public Sewer Short Sale YN No Storage Garage(S) Tax Amount 4891.26 Third Party Approval YN No Unit Type1 Rent 825 Unit Type1 Units Total 1 Unit Type2 Rent 825 Unit Type2 Units Total 1 Unit Type3 Rent 1000 Unit Type3 Units Total 1 Unit Type4 Rent 1000 Unit Type4 Units Total 1 Unit Type5 Rent 750 Unit Type5 Units Total 1 Unit Type6 Rent 1500 Unit Type6 Units Total 1 Zoning W-Gc

Listing provided courtesy of Cascade Sothebys International Realty.

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985 Nehalem Blvd

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985 Nehalem Blvd Wheeler, OR 97147

Property Description

Exterior Description	Cement Siding
Lot Description	Gentle Sloping
Lot Size	1 To 2.99 Acres
Parking Features	Garage Door Opener Paved
Roof Type	Composition
View	Bay Mountain(S)
View YN	Yes
Water Description	Public
Water Front YN	Yes
Water Name	Nehalem Bay
Waterfront Description	Bay Front

Basement	Exterior Entry Partially Finished Storage Space
Foundation Details	Slab Stem Wall Concrete Perimeter
Heating Description	Baseboard
Hot Water Description	Electricity
Unit Features	Range Refrigerator
Unit Type1 Features	Range Refrigerator
Unit Type1 Sq Ft	600
Unit Type2 Features	Range Refrigerator
Unit Type2 Sq Ft	600
Unit Type3 Features	Range Refrigerator
Unit Type3 Sq Ft	556
Unit Type4 Features	Range Refrigerator
Unit Type4 Sq Ft	480
Unit Type5 Features	Range
Unit Type5 Sq Ft	462
Unit Type6 Features	Range Refrigerator
Unit Type6 Sq Ft	1000

Bank Owned YN	No
Common Amenities	Commons Laundry
Country	Us
Fuel Description	Electricity
Gross Income Actual	47550
Gross Income Projected	70800
Gross Rent Multiplier	16.80
Net Income Actual	0
Net Income Projected	45800
Occupancy Types	Month To Month Vacant
Operating Expenses Actual	48388
Operating Expenses Projected	25000
Property Condition	Updated/Remodeled
Rent Includes	Trash Collection Sewer Water
Security Features	Unknown
Seller Disclosure	Disclosure
Sewer Description	Public Sewer
Short Sale YN	No
Storage	Garage(S)
Tax Amount	4891.26
Third Party Approval YN	No
Unit Type1 Rent	825
Unit Type1 Units Total	1
Unit Type2 Rent	825
Unit Type2 Units Total	1
Unit Type3 Rent	1000
Unit Type3 Units Total	1
Unit Type4 Rent	1000
Unit Type4 Units Total	1
Unit Type5 Rent	750
Unit Type5 Units Total	1
Unit Type6 Rent	1500
Unit Type6 Units Total	1
Zoning	W-Gc