744-756 South 4th Street

744-756 South 4th Street

Coos Bay, OR 97420

$975,000
Price
—
Beds
5,206 Sq. Ft.
$187 / Sq. Ft.
5,206
Sq. Ft.
$187
per Sq. Ft.

Description

Chance to own 6 occupied units, 10 bedrooms, 6 bathrooms - in the heart of coos bay downtown! PRICE ADJUSTED TO OVER A a 6.6% Cap Rate - 2 Units Fully Rebuilt & Remodeled, 2 Separate 2/1 Houses, 2 Units with Alley Access. Coos Bay is growing with Income Potential & w/Current State of Housing, your Investment will not "dry up"! Unfinished basement in MAIN (Yellow) Building for potential storage or additional units/income! Located within Walking Distance of the Farmer's Market and all City Amenities,...Chance to own 6 occupied units, 10 bedrooms, 6 bathrooms - in the heart of coos bay downtown! PRICE ADJUSTED TO OVER A a 6.6% Cap Rate - 2 Units Fully Rebuilt & Remodeled, 2 Separate 2/1 Houses, 2 Units with Alley Access. Coos Bay is growing with Income Potential & w/Current State of Housing, your Investment will not "dry up"! Unfinished basement in MAIN (Yellow) Building for potential storage or additional units/income! Located within Walking Distance of the Farmer's Market and all City Amenities, this is a true Diamond in the Rough! Showings will only be allowed after an accepted offer!
  1. Listed by Joe Bollig • Pacific Properties • 541-740-2778

Property Details for 744-756 South 4th Street

Parking Features
Assigned
Zoning
C-2

Location

Listing Courtesy of Pacific Properties
Add your commute
LISTING UPDATED: 05/01/2024 02:46 AM

Property Details for 744-756 South 4th Street

StatusActive
MLS #23660864
Days on Market344
Taxes$5,604 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family
Year Built1951
Lot Size-
CountyCoos County

Location

Listing Courtesy of Pacific Properties
Add your commute

Building Information for 744-756 South 4th Street

Stories-Residences6Year Built1951Building Size-Lot Size-

Payment Calculator

$5,788 per month

30 year fixed, 7.25% Interest

Principal and Interest

$5,321

Property Taxes

$467

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 744-756 South 4th Street

Summary
Location and General Information
  • Country: US
  • Directions: S 4th St Coos Bay to Address
  • Road Surface: Paved
School Information
  • Elementary School: Eastside
  • High School: Marshfield
  • Middle Or Junior School: Millicoma
Taxes and HOA
  • Tax Year: 2022
  • Tax Annual Amount: $5,603.61
  • Parcel Number: 6893400
  • Parcel Number 2: 6893600
  • Tax Legal Description: 25S 13W 35BC TL 1300 & 1400
Property
Lot Information
  • Lot Description: Level
  • Lot Size Range: Sq Ft15000to19999
  • Lot Size: 15,000 to 19,999 Sq Ft
Property and Assessments
  • Property Type: Multi Family
  • Water Description: Public Water
  • Property Condition: Restored
  • Year Built: 1951
Utilities
  • Fuel Description: Electricity
  • Heating Description: Ductless
  • Hot Water Description: Electricity
  • Sewer Description: Public Sewer
  • Rent Includes: Electricity, Sewer, Trash Collection, Water
Interior and Exterior Features
Exterior Features
  • Exterior Description: T111Siding, Vinyl Siding
Interior Features
  • Basement: Exterior Entry, Unfinished
  • Foundation Details: Block
Amenities
Amenities Information
  • Internet Service Type: Cable
Multi Family
Multi-Family Information
  • Number Of Units Total: 6
  • Gross Income Actual: $82,532.00
  • Gross Rent Multiplier: $11.81
  • Investor Information: According To Owner
  • Net Income Actual: $65,264.00
  • Operating Expense: $22,872.00
  • Storage: Basement
  • Unit Type Type: Unit Type Type1, Unit Type Type2, Unit Type Type3
  • SqFt Approximate Building Total: 5206
Unit 1 Information
  • Unit Type 1 Baths Total: 1
  • Unit Type 1 Beds Total: 2
  • Unit Type 1 Rent: $1,800
  • Unit Type 1 SqFt: 1500.0
  • Unit Type 1 Units Total: 2
Unit 2 Information
  • Unit Type 2 Baths Total: 1
  • Unit Type 2 Beds Total: 1
  • Unit Type 2 Rent: $1,750
  • Unit Type 2 SqFt: 1082.0
  • Unit Type 2 Units Total: 2
Unit 3 Information
  • Unit Type 3 Baths Total: 1
  • Unit Type 3 Beds Total: 2
  • Unit Type 3 Rent: $1,198
  • Unit Type 3 SqFt: 1214.0
  • Unit Type 3 Units Total: 2

Schools near 744-756 South 4th Street

This home is within Coos Bay School District 9.
Rating
School
Type
Grades
Distance
Eastside School
Public - K to 2
Millicoma School
Public - 3 to 6
Marshfield Senior High School
Public - 8 to 12
Resource Link Charter School
Charter - K to 12
Rating
School
Distance
Eastside School
PublicK to 2

Millicoma School
Public3 to 6

Marshfield Senior High School
Public8 to 12

Resource Link Charter School
CharterK 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 744-756 South 4th Street, Coos Bay, OR 97420

744-756 South 4th Street is a multi-family home for sale in Coos Bay, OR 97420. This property was listed for sale on May 23, 2023 by Pacific Properties, it's currently listed at $975,000. This listing's school district is Coos Bay School District 9. Nearby schools include Eastside School, Millicoma School and Marshfield Senior High School. 744-756 South 4th Street is a 0-bed, 0-bath, 5,206 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.

Listing Courtesy of Pacific Properties

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: 05/01/2024 02:46 AM