MLS# 24106828 – 22 32 E Washington St, Rockaway Beach, OR 97136 – John Wesley McPherson, Jr., The Portland Team with Premiere Property Group, LLC

Listing courtesy of Berkshire Hathaway HomeService Northwest Real Estate.

Property Description

Description

2 Units

Status: Active

Year Built: 2024

Days on Website: 59

Investment opportunity in Rockaway Beach! Discover this custom, well-designed duplex, thoughtfully built in 2022. Both units have Vacation rental licenses and are transferrable. Selling fully furnished ready to rent! This property offers both convenience and community on the Oregon Coast. Each unit features 3 bedrooms, 2.5 bathrooms, and 1-car garages complete with modern features such as granite countertops and maple kitchen cabinets. Enjoy outdoor living with private patios that enhance your space. Your deck looks over Lake Marie which is a serene setting. Easy walk to downtown Rockaway Beach for fun, food and shopping. The walk to the beach is less than 5 minutes with 7 miles of sandy beaches.The Port of Garibaldi is 5 minutes away with fishing and crabbing waiting for you. You'll have easy access to all that the area offers, whether it's a day of hiking, fishing, or simply relaxing on the beach. Thoughtfully designed with front entries separated by a garage, this duplex offers a sense of personal space, making it great for full-time living or investment. The open-concept design in each unit offers a natural flow between kitchen, dining, and living areas. Live in one unit & rent the other or make both an investment. Engineered hardwood and solid interior doors and to the quality of this coastal investment. See attached document with list of other amenities.

Property Details and Features

Property Access

Road Surface Type:

Paved

Basement

Basement:

CrawlSpace

Building

Building Area Total:

3123

Built in 2024

Stories:

Unit Type Type:

UnitTypeType1,UnitTypeType2

Cooling

Cooling Equipped

Cooling:

WallUnit

Expenses

Operating Expense:

$1,000

Exterior Features

Exterior Description:

CementSiding

Foundation

Foundation Details:

StemWall

Garage

Garage Spaces:

Water Features

Water Body Name:

Lake Marie

Waterfront Features:

Lake

Waterfront Property

Heating

Heating Available

Heating:

Radiant,Zoned

Income

CAP Rate:

0.72

Gross Income:

$10,000

Gross Rent Multiplier:

125

Net Operating Income:

$9,000

Listing

Contract Status Change Date:

2024-09-23

Days On Market:

Last Transaction Date:

2024-11-03 06:19:00

List Price:

$1,250,000

Listing Contract Date:

2024-09-23

Listing Id:

24106828

Mls Status:

Active

Modification Timestamp:

2024-11-03 06:19:00

On Market Date:

2024-09-23

Previous List Price:

$1,300,000

Rent Includes:

CableTV,Electricity

Standard Status:

Active

Location

MLS Area Major:

_195

County Or Parish:

Tillamook

Lot

Features:

CornerLot,Level

Size Acres:

0.11

Size Dimensions:

50x91

Size Range:

SqFt3000to4999

Size Square Feet:

4,791

Size:

3,000 to 4,999 SqFt

Parking

Features:

Driveway,OffSite

2 total parking spots

Property

Number Of Units Total:

Property Condition:

Existing

Property View

Zoning:

RK R-R

Roof

Roof:

Composition

Schools

High School:

Neah-Kah-Nie

Middle Or Junior School:

Neah-Kah-Nie

Elementary School:

Garibaldi

Sewer

Sewer:

PublicSewer

Taxes

Annual Amount:

$5,823

Legal Description

Tax Year:

2024

Unit One

Actual Rent:

$2,500

Area:

1562

Features:

AirConditioning,Deck,HardwoodFloors,Range

Units Total:

3 total bathrooms

3 total bedroom

Unit Two

Area:

1562

Features:

Dishwasher,Furnished,HardwoodFloors,Microwave

Units Total:

3 total bathrooms

3 total bedroom

Utilities

Fuel Description:

Electricity

Hot Water Description:

Electricity

Internet Service Type:

Cable

Water Source:

PublicWater

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$1,250,000 - Br/0Ba - for Sale in Rockaway Beach

Virtual Tour

Contact an Agent

John Wesley McPherson, Jr., CFA

503406-1776 Email Me

Location

$1,250,000 -

22 32 E Washington St Rockaway Beach , OR 97136

MLS Area Major: _195

Street View

Nearby Schools

Recent Sales in the Area

This content last updated on November 21, 2024 12:08AM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.