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The Broker Network, LLC

info@tbnrealty.com +1(503) 465-5077

Listed by Taylor & Taylor Realty Co. • 541-994-9111

$ 1,450,000

Est. payment | -/mo

4 Beds

2 Baths

4,028 SqFt

Save

$ 1,450,000

Est. payment | -/mo

Save

4 Beds

2 Baths

4,028 SqFt

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 4,028 sqft

Price per Sqft $359

Subdivision Nelscott Beach

MLS Listing ID 454707392

Bedrooms 4

Year Built 1946

Annual Tax Amount $5,199

Tax Year 2025

Lot Size 6,098 Sqft

Property Description

Lincoln City Investment Opportunity! Renovated and updated 6-plex located just across the street from easy beach access with miles of sandy beach and tidepools. Situated in the heart of the Nelscott district with charming shops, dining, and convenience to local activities. Gross income amount of $109,800. The complex features a coin op laundry, newer composition roof (2020) and new decks, pavers and landscaping. Recent renovations include plumbing and electrical updates, helical piers in units 3&5, leveling of all floors, new water heaters, new gas heat stoves, appliances, attic insulation, new gas furnace in unit 6, new water main line, and much more! (See the full list in documents.) Nescott Mixed Use (NBMU) zoning permits a range of commercial, recreational, and residential activities (Buyer to verify with Lincoln City Planning on intended use.) Don't miss this solid multi-family investment in a desirable Oregon Coast location. Interior photos are from prior to tenants moving in. Please do not disturb tenants.

Location

State OR

County Lincoln

Area _200

Zoning NP-NBMU

Rooms

Basement None

Interior

Heating Forced Air, Gas Stove

Cooling None

Exterior

View Ocean

Roof Type Composition

Garage No

Building

Lot Description Corner Lot

Story 2

Foundation Other

Sewer Public Sewer

Water Public Water

Level or Stories 2

Schools

Elementary Schools Oceanlake

Middle Schools Taft

High Schools Taft

Others

Acceptable Financing Cash, Conventional, Other

Listing Terms Cash, Conventional, Other

Regional Multiple Listing Service (RMLS)

Nearby Locations

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(503) 465-5077

info@tbnrealty.com

320 N Main Ave #213, Gresham, Oregon 97030, USA

3210 SW ANCHOR AVE Lincoln City, OR 97367