1999 17th Street

Florence, OR 97439

$695,000
Price
Beds
3,565 Sq. Ft.
$195 / Sq. Ft.
3,565
Sq. Ft.
$195
per Sq. Ft.

Description

Fully Rented Triplex in Coastal Florence Oregon! Investment opportunity generating immediate income. Low vacancy rate in high-demand rental market, 100% rented since built. These well maintained units each have appliances included, a Mini-Split heat/air conditioning unit, a private deck or patio and garage space. There are a total of four garage spaces, one for each unit and one that could be used for bonus storage space for the owner, a tenant, or potential rental income. This desirable in-town...Fully Rented Triplex in Coastal Florence Oregon! Investment opportunity generating immediate income. Low vacancy rate in high-demand rental market, 100% rented since built. These well maintained units each have appliances included, a Mini-Split heat/air conditioning unit, a private deck or patio and garage space. There are a total of four garage spaces, one for each unit and one that could be used for bonus storage space for the owner, a tenant, or potential rental income. This desirable in-town corner location is close to beaches, parks, shopping, and dining, making it attractive to renters. Properties like this don't come around often. Contact us today to learn more about this exceptional investment property, Seize the chance to own a fully rented triples in one of Oregon's most desirable coastal communities.
  1. Listed by Anthony Wells • Berkshire Hathaway HomeServices NW Real Estate

Property Details for 1999 17th Street

Parking Features
Driveway, Garage
Zoning
HR
View
Territorial
Garage Spaces
4.00
Parking Total
5.00

Location

Listing Courtesy of Berkshire Hathaway HomeServices NW Real Estate
Add your commute
LISTING UPDATED: 04/03/2024 11:30 AM

Property Details for 1999 17th Street

StatusActive
MLS #24667865
Days on Market32
Taxes$6,776 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family
Year Built2018
Lot Size0.16 AC / 6,969 SF
CountyLane County

Location

Listing Courtesy of Berkshire Hathaway HomeServices NW Real Estate
Add your commute

Building Information for 1999 17th Street

Stories2Residences3Year Built2018Building Size-Lot Size0.16 AC / 6,969 SF

Payment Calculator

$4,358 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,793

Property Taxes

$565

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1999 17th Street

Summary
Location and General Information
  • Country: US
  • Directions: Hwy 101, E on 17th St to corner of 17th & Spruce
  • Road Surface: Paved
School Information
  • Elementary School: Siuslaw
  • High School: Siuslaw
  • Middle Or Junior School: Siuslaw
Taxes and HOA
  • Management Name: Alexandra Campbell
  • Tax Year: 2023
  • Tax Annual Amount: $6,775.52
  • Parcel Number: 0792240
  • Tax Legal Description: 18-12-26-22-09200
Property
Lot Information
  • Acres: 0.16
  • Lot Description: Irrigated Irrigation Equipment, Level, Public Road
  • Lot Size Square Feet: 6969.0
  • Lot Size Range: Sq Ft7000to9999
  • Lot Size: 7,000 to 9,999 Sq Ft
Property and Assessments
  • Property Type: Multi Family
  • Water Description: Public Water
  • Property Condition: Existing
  • Year Built: 2018
Utilities
  • Cooling Description: Mini Split
  • Fuel Description: Electricity
  • Heating Description: Mini Split, Zoned
  • Hot Water Description: Electricity
  • Sewer Description: Public Sewer
  • Rent Includes: Sewer, Water
Interior and Exterior Features
Exterior Features
  • Exterior Description: Cement Siding, Lap Siding
  • Roof Type: Composition
Interior Features
  • Basement: None
  • Stories: 2
Multi Family
Multi-Family Information
  • Number Of Units Total: 3
  • Gross Income Actual: $42,625.00
  • Gross Rent Multiplier: $16.30
  • Investor Information: According To Owner, Leases, Profit Loss Statement, Utility Records Available
  • Net Income Actual: $30,090.00
  • Operating Expense: $12,541.00
  • Security Features: Fire Sprinkler System, Limited Access
  • Storage: Garage
  • Unit Type Type: Unit Type Type1, Unit Type Type2, Unit Type Type3
  • Common Amenities: Commons, Front Yard Landscaping
  • SqFt Approximate Building Total: 3565
Unit 1 Information
  • Unit Type 1 Baths Total: 1
  • Unit Type 1 Beds Total: 2
  • Unit Type 1 Features: Dishwasher, Range, Refrigerator, Washer Dryer
  • Unit Type 1 Rent: $1,200
  • Unit Type 1 SqFt: 1012.0
  • Unit Type 1 Units Total: 1
Unit 2 Information
  • Unit Type 2 Baths Total: 2
  • Unit Type 2 Beds Total: 2
  • Unit Type 2 Features: Dishwasher, Range, Refrigerator, Washer Dryer
  • Unit Type 2 Rent: $1,375
  • Unit Type 2 SqFt: 1162.0
  • Unit Type 2 Units Total: 1
Unit 3 Information
  • Unit Type 3 Baths Total: 1
  • Unit Type 3 Beds Total: 2
  • Unit Type 3 Features: Dishwasher, Range, Refrigerator, Washer Dryer
  • Unit Type 3 Rent: $1,300
  • Unit Type 3 SqFt: 905.0
  • Unit Type 3 Units Total: 1

Property History for 1999 17th Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1999 17th Street

Taxable ValueLand-Additions-Total-
Tax Record2023$6,776 ($565 / month)
Home Facts
Baths6Total Finished SqFt3,565 SqFtAbove Grade Finished SqFt3,565 SqFtStories2Lot Size6,970 SqFtStyleDuplexYear Built2018ZoningRM-MULTI-FAMICountyLANEAPN18-12-26-22-09200-000

Schools near 1999 17th Street

This home is within Siuslaw School District 97j.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Siuslaw Elementary School
PublicK to 5

Siuslaw Middle School
Public6 to 8

Siuslaw High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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1999 17th Street is a multi-family home for sale in Florence, OR 97439. This property was listed for sale on March 29, 2024 by Berkshire Hathaway HomeServices NW Real Estate, it's currently listed at $695,000. It has been on the market for a total of 32 days and was last sold on February 7, 2020. This listing's school district is Siuslaw School District 97j. Nearby schools include Siuslaw Elementary School, Siuslaw Middle School and Siuslaw High School. 1999 17th Street is a 0-bed, 0-bath, 3,565 sqft multi-family home built in 2018.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Berkshire Hathaway HomeServices NW Real Estate

All information provided is deemed reliable but is not guaranteed and should be independently verified. 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 Compass are marked with the RMLS logo and detailed information about these properties includes the names of the listing brokers. Copyright © 2024 RMLS, Portland, Oregon. Last updated: 04/03/2024 11:30 AM