649 South Wall Street

649 South Wall Street

Coos Bay, OR 97420

$499,000
Price
—
Beds
2,808 Sq. Ft.
$178 / Sq. Ft.
2,808
Sq. Ft.
$178
per Sq. Ft.
an aerial view of residential houses with outdoor space and swimming pool
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a kitchen with stainless steel appliances granite countertop a stove and a refrigerator
a kitchen with stainless steel appliances granite countertop a sink stove and cabinets
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a living room with furniture and a couch
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Description

Investors and Home Buyers - what an opportunity! This sale includes a 1072 sq.ft. Single Family home, and a 1736 sq.ft. Duplex. Home features 3 bedrooms, and covered patio, with greenhouse area. Seller lived in the single family home (24 years), both duplex units are rented, and Seller loves both tenants who would like to stay! There are so many unique attributes and features including covered patio with a greenhouse area as well as a motorcycle garage, garden shed and a large workshop with cabinets...Investors and Home Buyers - what an opportunity! This sale includes a 1072 sq.ft. Single Family home, and a 1736 sq.ft. Duplex. Home features 3 bedrooms, and covered patio, with greenhouse area. Seller lived in the single family home (24 years), both duplex units are rented, and Seller loves both tenants who would like to stay! There are so many unique attributes and features including covered patio with a greenhouse area as well as a motorcycle garage, garden shed and a large workshop with cabinets and shelving. There is room for RV and/or Boat as well. Both Duplexes have 2 bedrooms, as well as covered rear patios. Property is fenced and Seller says Security System and Cameras covering both the house and duplex stay! Parking for all units is securely situated behind the homes, accessed via the Alley from Fulton St. Both Duplex units have Storage Sheds and Laundry Rooms, as well as off street parking behind the units. Tenants would like to stay and they are really good tenants per seller! Both sides of the Duplex are the same layout but reversed. Taxes are $1563.87 + $2553.49 = $4117.36. Duplex Rents are currently $950 & $950, below market rates. Cap rate is lower since seller lived in 3 bed home, therefore rental income is only for the duplex. This is a well maintained, ideal set up for an owner in the main house and the duplex as income, or rent all three units. Property is close to the Bay, the Beaches, the Shopping, Community College, Medical Facilities, along with Fishing, Hunting as well as the Oregon National Dunes Recreation Area, and all that the south coast has to offer. This is a great opportunity for income producing property in a thriving community. PLEASE DO NOT DISTURB TENANTS (Day Sleeper) APPOINTMENT REQUIRED FOR ALL SHOWINGS!
  1. Listed by Alice Parsons • AP Coast Realty, LLC • AliceParsonsRealtor@gmail.com

Property Details for 649 South Wall Street

Subdivision
EMPIRE
Parking Features
Open, RVAccess Parking
Zoning
R-2
Parking Total
.00

Location

Listing Courtesy of AP Coast Realty, LLC
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LISTING UPDATED: 04/27/2024 05:25 PM

Property Details for 649 South Wall Street

StatusActive
MLS #23695436
Days on Market267
Taxes$4,117 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family
Year Built1951
Lot Size-
CountyCoos County

Location

Listing Courtesy of AP Coast Realty, LLC
Add your commute

Building Information for 649 South Wall Street

Stories1Residences3Year Built1951Building Size-Lot Size-

Payment Calculator

$3,066 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,723

Property Taxes

$343

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 649 South Wall Street

Summary
Location and General Information
  • Country: US
  • Directions: From Fulton St (between S. Wall & S. Wasson) take Alley to rear of property.
  • Road Surface: Paved
School Information
  • Elementary School: Madison
  • High School: Marshfield
  • Middle Or Junior School: Coos Bay
Taxes and HOA
  • Tax Year: 2023
  • Tax Annual Amount: $4,117.36
  • Parcel Number: 2003100
  • Parcel Number 2: 2003200
  • Tax Legal Description: 25S-13W-20CB 10400; 25S1320-CB-10500
Property
Lot Information
  • Lot Description: Gentle Sloping, Level
  • Lot Size Range: Sq Ft10000to14999
  • Lot Size: 10,000 to 14,999 Sq Ft
Property and Assessments
  • Property Type: Multi Family
  • Water Description: Public Water
  • Property Condition: Existing
  • Year Built: 1951
Utilities
  • Fuel Description: Electricity
  • Heating Description: Zoned
  • Hot Water Description: Electricity
  • Sewer Description: Public Sewer
  • Rent Includes: Trash Collection
Interior and Exterior Features
Exterior Features
  • Exterior Description: T111Siding
  • Waterfront Description: Other
  • Water Name: Bay within .25 miles
Interior Features
  • Basement: Crawl Space
  • Foundation Details: Block
  • Stories: 1
Multi Family
Multi-Family Information
  • Number Of Units Total: 3
  • Gross Income Actual: $18,850.00
  • Gross Income Projected: $22,800.00
  • Gross Rent Multiplier: $26.47
  • Investor Information: According To Owner
  • Net Income Actual: $18,350.00
  • Operating Expense: $500.00
  • Security Features: Security System Owned
  • Storage: Individual Storage Units
  • Unit Type Type: Unit Type Type1, Unit Type Type2, Unit Type Type3
  • SqFt Approximate Building Total: 2808
Unit 1 Information
  • Unit Type 1 Baths Total: 1
  • Unit Type 1 Beds Total: 3
  • Unit Type 1 Features: Dishwasher, Range, Refrigerator, Washer Dryer
  • Unit Type 1 Rent: $0
  • Unit Type 1 SqFt: 1072.0
  • Unit Type 1 Units Total: 1
Unit 2 Information
  • Unit Type 2 Baths Total: 1
  • Unit Type 2 Beds Total: 2
  • Unit Type 2 Features: Range, Refrigerator, Washer Dryer Hookup
  • Unit Type 2 Rent: $950
  • Unit Type 2 SqFt: 868.0
  • 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: Range, Refrigerator, Washer Dryer Hookup
  • Unit Type 3 Rent: $950
  • Unit Type 3 SqFt: 868.0
  • Unit Type 3 Units Total: 1

Public Records for 649 South Wall Street

Taxable ValueLand-Additions-Total-
Tax Record2023$1,564 ($130 / month)
Home Facts
Beds3Total Finished SqFt1,072 SqFtAbove Grade Finished SqFt1,072 SqFtStories1StyleSingle Family ResidenceYear Built1951ZoningR-2CountyCOOSAPN25 S 13 W 20 CB 10400

Schools near 649 South Wall Street

This home is within Coos Bay School District 9.
Rating
School
Type
Grades
Distance
Madison Elementary School
Public - K to 2
Sunset School
Public - 3 to 6
Marshfield Senior High School
Public - 8 to 12
Destinations Academy
Public - 9 to 12
Rating
School
Distance
Madison Elementary School
PublicK to 2

Sunset School
Public3 to 6

Marshfield Senior High School
Public8 to 12

Destinations Academy
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.

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More information about 649 South Wall Street, Coos Bay, OR 97420

649 South Wall Street is a multi-family home for sale in Coos Bay, OR 97420. This property was listed for sale on August 11, 2023 by AP Coast Realty, LLC, it's currently listed at $499,000. This listing's school district is Coos Bay School District 9. Nearby schools include Madison Elementary School, Sunset School and Marshfield Senior High School. 649 South Wall Street is a 0-bed, 0-bath, 2,808 sqft multi-family home built in 1951.

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. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of AP Coast Realty, LLC

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: 04/27/2024 05:25 PM