MLS# 23414029 – 1704 Nw 26th St, Lincoln City, OR 97367 – John Wesley McPherson, Jr., The Portland Team with Premiere Property Group, LLC

Listing courtesy of Berkshire Hathaway HomeServices NW Real Estate.

Property Description

Description

3 Units

Status: Active

Year Built: 1940

Neighborhood: Winds Cndo

Days on Website: 537

Winds Condos, 3 units, one bedroom, 1 bath, one level suites, 2 Blocks from the 26th Street Beach access, 15 blocks to Chinook Winds Resort and Casino. North Lincoln City has all the best restaurants and shopping your tenants are looking for. These units offer 2 parking spots, decks, big picture front windows, and use of a shed. Newer roof, new gravel driveway. Units 1704, and 1706 are 570 sqft. Unit 1708 is 608 sqft. Unit 1706 has a washer/dryer hook-up. Unit 1704 has been refurbished, with a new kitchen, and flooring. Tax ID numbers: R457494, R460154, & R462219.

Property Details and Features

Property Access

Road Surface Type:

Paved

Amenities

Amenities:

decks, use of shed

Basement

Basement:

CrawlSpace

Building

Building Area Total:

1748

Built in 1940

Storage:

Deck

Stories:

Unit Type Type:

UnitTypeType1,UnitTypeType2,UnitTypeType3

Community

Neighborhood Features:

Beach, shopping, museum, theater, casino

Disclosures

Disclosures:

Disclosure

Exterior Features

Exterior Description:

CementSiding,ShakeSiding

Foundation

Foundation Details:

Block

Heating

Heating Available

Heating:

Baseboard

Income

CAP Rate:

4.41

Gross Income:

$22,500

Gross Rent Multiplier:

20.4

Net Operating Income:

$20,250

Listing

Contract Status Change Date:

2023-06-04

Days On Market:

537

Last Transaction Date:

2024-10-28 17:10:26

List Price:

$459,000

Listing Contract Date:

2023-06-04

Listing Id:

23414029

Mls Status:

Active

Modification Timestamp:

2024-10-28 17:10:26

On Market Date:

2023-06-04

Previous List Price:

$479,000

Rent Includes:

TrashCollection,Water

Standard Status:

Active

Location

Distance To Bike Path:

0.10 miles

Distance To Bus:

0.10 miles

Distance To Multi Use Path:

0.10 miles

Distance To Ocean Beach:

0.10 miles

Distance To School Bus:

0.10 miles

Distance To Shopping:

0.10 miles

Distance To Waterfront:

0.10 miles

MLS Area Major:

_200

Subdivision Name:

Winds Cndo

County Or Parish:

Lincoln

Lot

Features:

Level

Size Range:

SqFt5000to6999

Size:

5,000 to 6,999 SqFt

Miscellaneous

Investor Information:

AccordingToOwner,RentRecords

Parking

Features:

RVAccessParking

6 total parking spots

Possession

Possession:

SubjectToTenantRights

Property

Number Of Units Total:

Property Condition:

Restored

Property View

Zoning:

R1-5

Roof

Roof:

Flat

Schools

High School:

Taft

Middle Or Junior School:

Taft

Elementary School:

Taft

Sewer

Sewer:

PublicSewer

Taxes

Annual Amount:

$837

Legal Description

Tax Year:

2022

Unit One

Actual Rent:

$700

Area:

570

Features:

Deck,Range,Refrigerator,WindowCoverings

Units Total:

1 total bathroom

1 total bedroom

Unit Two

Actual Rent:

$575

Area:

570

Features:

Deck,Range,Refrigerator,WasherDryerHookup

Units Total:

1 total bathroom

1 total bedroom

Unit Three

Actual Rent:

$600

Area:

608

Features:

Deck,Range,Refrigerator,WindowCoverings

Units Total:

1 total bathroom

1 total bedroom

Utilities

Fuel Description:

Electricity

Hot Water Description:

Electricity

Internet Service Type:

DSL

Water Source:

PublicWater

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Contact an Agent

John Wesley McPherson, Jr., CFA

503406-1776 Email Me

Location

$459,000 -

1704 Nw 26th St Lincoln City , OR 97367

Distance To Bike Path: 0.10 miles

Street View

Nearby Schools

Recent Sales in the Area

This content last updated on November 22, 2024 11:50PM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.