MLS# 24300015 – 64744 Wygant Rd, Coos Bay, OR 97420 – John Wesley McPherson, Jr., The Portland Team with Premiere Property Group, LLC

Listing courtesy of Beach Loop Realty.

Property Description

Description

2 Units

Status: Active

Year Built: 1994

Days on Website: 139

**Bayfront Duplex Investment Opportunity!**Discover the perfect investment with this stunning bayfront duplex. One side is currently an active vacation rental, offering a steady stream of income from travelers, while the other side is a monthly rental. Each unit boasts two spacious bedrooms and one bathroom, making them ideal for both short-term guests and long-term tenants.This home features a 3-year-old roof, with the vacation rental side updated 7 years ago and the monthly rental side updated 4 years ago, ensuring modern amenities and comfort throughout.Perfectly situated near Sunset Bay State Park, known for its beautiful half-moon bay, sandy beach, and scenic cliffs, this location also boasts a nearby nine-hole golf course, ideal for golf enthusiasts.With its gorgeous views and prime location, this bayfront duplex is a rare find and a smart investment opportunity.

Property Details and Features

Property Access

Road Surface Type:

Gravel

Building

Building Area Total:

1918

Built in 1994

Storage:

Deck

Stories:

Unit Type Type:

UnitTypeType1,UnitTypeType2

Expenses

Operating Expense:

$28,700

Exterior Features

Exterior Description:

VinylSiding

Water Features

Waterfront Features:

BayFront

Waterfront Property

Heating

Heating Available

Heating:

WallHeater,Zoned

Income

CAP Rate:

1.33

Gross Income:

$37,800

Gross Rent Multiplier:

18.1

Net Operating Income:

$9,100

Listing

Contract Status Change Date:

2024-07-06

Days On Market:

138

Last Transaction Date:

2024-10-16 19:11:36

List Price:

$684,000

Listing Contract Date:

2024-07-06

Listing Id:

24300015

Mls Status:

Active

Modification Timestamp:

2024-11-09 11:35:43

On Market Date:

2024-07-06

Previous List Price:

$699,000

Rent Includes:

CableTV,MaintenanceGrounds,Sewer,TrashCollection,Water

Standard Status:

Active

Location

MLS Area Major:

_260

County Or Parish:

Coos

Lot

Size Acres:

0.25

Size Range:

SqFt10000to14999

Size Square Feet:

10,890

Size:

10,000 to 14,999 SqFt

Parking

Features:

Carport

4 total parking spots

Property

Number Of Units Total:

Property Condition:

Approximately

Property View

Zoning:

UR-1

Roof

Roof:

Composition

Schools

Middle Or Junior School:

Sunset

Sewer

Sewer:

PublicSewer

Taxes

Annual Amount:

$3,307

Legal Description

Unit One

Actual Rent:

$1,150

Area:

959

Features:

Range,Refrigerator

Units Total:

1 total bathroom

2 total bedroom

Unit Two

Actual Rent:

$2,000

Area:

959

Features:

Furnished,Range,Refrigerator,WasherDryer

Units Total:

1 total bathroom

2 total bedroom

Utilities

Fuel Description:

Electricity

Hot Water Description:

Tank

Water Source:

PublicWater

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Contact an Agent

John Wesley McPherson, Jr., CFA

503406-1776 Email Me

Location

$684,000 -

64744 Wygant Rd Coos Bay , OR 97420

MLS Area Major: _260

Street View

Nearby Schools

Recent Sales in the Area

This content last updated on November 22, 2024 12:47PM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.