720 2nd Street
720 2nd Street
Brookings, OR 97415
$795,000
Price
—
Beds
4,736 Sq. Ft.
$168 / Sq. Ft.
4,736
Sq. Ft.
$168
per Sq. Ft.
Description
Welcome to a rare investment opportunity nestled in the picturesque coastal town of Brookings, Oregon. This fourplex presents an ideal chance for investors seeking a property with an excellent rental history and proximity to breathtaking beaches. Situated just moments away from the mesmerizing shoreline, this property offers a unique blend of coastal living and investment potential. Each unit within this well-maintained fourplex features a spacious 2-story layout, comprising 2 bedrooms and 1.1 bathrooms....Welcome to a rare investment opportunity nestled in the picturesque coastal town of Brookings, Oregon. This fourplex presents an ideal chance for investors seeking a property with an excellent rental history and proximity to breathtaking beaches. Situated just moments away from the mesmerizing shoreline, this property offers a unique blend of coastal living and investment potential. Each unit within this well-maintained fourplex features a spacious 2-story layout, comprising 2 bedrooms and 1.1 bathrooms. Residents will appreciate the convenience of a designated carport and a shed, providing ample storage space for their belongings. Whether it's soaking in the sun on the nearby beaches or exploring the charming local amenities, this property offers an unparalleled lifestyle opportunity for tenants. Key Features:Prime Location: Close proximity to many beautiful beaches in BrookingsGreat Rental History: Perfect for investors seeking a lucrative income property2-Story Units: Spacious layout providing comfort and privacy for residentsCarport & Shed: Each unit comes with dedicated parking and additional storageInvestment Potential: Rare opportunity to own a fourplex in this sought-after locationDon't miss out on this exceptional investment opportunity in Brookings. Schedule a showing today to explore the potential of this unique fourplex and secure your stake in coastal real estate.
- Listed by Matt Wegner • Pacific Coastal Real Estate
Property Details for 720 2nd Street
Parking Features
Carport, Open
ZoningR2
Parking Total8.00
Location
Listing Courtesy of Pacific Coastal Real Estate
Add your commute
LISTING UPDATED: 04/01/2024 03:40 PM
Property Details for 720 2nd Street
| Status | Active |
|---|---|
| MLS # | 24553702 |
| Days on Market | 35 |
| Taxes | $3,155 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Multi Family |
| Year Built | 1975 |
| Lot Size | 0.31 AC / 13,503 SF |
| County | Curry County |
Location
Listing Courtesy of Pacific Coastal Real Estate
Add your commute
Building Information for 720 2nd Street
Stories2Residences4Year Built1975Building Size-Lot Size0.31 AC / 13,503 SF
Payment Calculator
$4,602 per month
30 year fixed, 7.25% Interest
Principal and Interest
$4,339
Property Taxes
$263
HOA Dues
$0
The Payment Calculator is for illustrative purposes only.
Property Information for 720 2nd Street
Summary
Location and General Information
- Country: US
- Directions: HWY 101 to Easy St. to 2nd St., second driveway on right all the way to the back. No sign.
- Road Surface: Gravel
School Information
- High School: Brookings-Harbr
- Middle Or Junior School: Azalea
Taxes and HOA
- Management Name: Banana Belt Property MNGM
- Tax Year: 2023
- Tax Annual Amount: $3,155.42
- Parcel Number: R10558
- Tax Legal Description: ACRES 0.31
Property
Lot Information
- Acres: 0.31
- Lot Description: Level
- Lot Size Square Feet: 13503.0
- 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: Approximately
- Year Built: 1975
Utilities
- Cooling Description: None
- Fuel Description: Electricity
- Heating Description: Baseboard
- Hot Water Description: Electricity
- Sewer Description: Public Sewer
- Rent Includes: Trash Collection, Water
Interior and Exterior Features
Exterior Features
- Exterior Description: T111Siding
- Roof Type: Composition
Interior Features
- Basement: Crawl Space
- Foundation Details: Concrete Perimeter
- Stories: 2
Multi Family
Multi-Family Information
- Number Of Units Total: 4
- Gross Income Actual: $54,937.00
- Gross Rent Multiplier: $14.47
- Net Income Actual: $33,046.00
- Operating Expense: $21,891.00
- Storage: Individual Storage Units
- Unit Type Type: Unit Type Type1, Unit Type Type2, Unit Type Type3, Unit Type Type4
- SqFt Approximate Building Total: 4736
Unit 1 Information
- Unit Type 1 Baths Total: 2
- Unit Type 1 Beds Total: 2
- Unit Type 1 Features: Range, Refrigerator
- Unit Type 1 Rent: $1,075
- Unit Type 1 SqFt: 1184.0
- 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: Range, Refrigerator
- Unit Type 2 Rent: $1,270
- Unit Type 2 SqFt: 1184.0
- Unit Type 2 Units Total: 1
Unit 3 Information
- Unit Type 3 Baths Total: 2
- Unit Type 3 Beds Total: 2
- Unit Type 3 Features: Dishwasher, Range, Refrigerator
- Unit Type 3 Rent: $1,550
- Unit Type 3 SqFt: 1184.0
- Unit Type 3 Units Total: 1
Unit 4 Information
- Unit Type 4 Baths Total: 2
- Unit Type 4 Beds Total: 2
- Unit Type 4 Features: Dishwasher, Range, Refrigerator
- Unit Type 4 Rent: $1,270
- Unit Type 4 SqFt: 1184
- Unit Type 4 UnitsTotal: 1
Property History for 720 2nd Street
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
|---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 720 2nd Street
Taxable ValueLand-Additions-Total-
Tax Record2023$3,155 ($263 / month)
Home Facts
Total Finished SqFt1,184 SqFtAbove Grade Finished SqFt1,184 SqFtLot Size13,504 SqFtStyleDuplexYear Built1975Year Renovated1985ZoningR2CountyCURRYAPN4113-06BA-01701
Schools near 720 2nd Street
This home is within Brookings-Harbor School District 17c.
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | K to 5 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 | |||
| Charter - | 1 to 6 |
Rating | School | Distance |
|---|---|---|
Kalmiopsis Elementary School PublicK to 5 | ||
Azalea Middle School Public6 to 8 | ||
Brookings-Harbor High School Public9 to 12 | ||
Upper Chetco Charter School Charter1 to 6 |
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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Listing Courtesy of Pacific Coastal Real Estate
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