MLS# 24331904 – 91283 Grinnell Ln, Coos Bay, OR 97420 – John Wesley McPherson, Jr., The Portland Team with Premiere Property Group, LLC

Listing courtesy of Pacific Coast Real Estate & Development, LLC.

Property Description

Description

9 Units

Status: Pending

Year Built: 1949

Days on Website: 55

Prime Investment Opportunity : Single Family Residence, 4-Plex, and 4 Rental Income Lots!Seize this dream investment opportunity in Coos Bay, featuring a bay view home, a 4-plex, and four additional lots near ocean beaches. This 4-bedroom, 2-bathroom home boasts a fenced yard with beautiful landscaping and a private backyard. The property also includes a 3-bay shop with an attached carport and has recently been updated with new interior paint and carpeting. (was recently rented for $2500)The 4-plex comprises fully rented units: one studio and three 1-bedroom, 1-bath apartments. All units have access to a shared backyard with raised garden beds and ample parking.Land next door is 4 lots with city services and is currently occupied by tenants who own their manufactured homes, providing a stable, low maintenance investment income. Don't miss this exceptional investment opportunity. Contact us today to schedule a showing! See MLS 23491256 & 24038260 for other purchase options.

Property Details and Features

Property Access

Road Surface Type:

Paved

Building

Built in 1949

Storage:

Garage

Unit Type Type:

UnitTypeType1,UnitTypeType2,UnitTypeType3,UnitTypeType4,UnitTypeType5,UnitTypeType6,UnitTypeType7,UnitTypeType8,UnitTypeType9

Exterior Features

Exterior Description:

Other

Heating

Heating:

Other

Listing

Contract Status Change Date:

2024-09-28

Cumulative Days On Market:

Days On Market:

Last Transaction Date:

2024-09-28 14:57:56

List Price:

$895,000

Listing Contract Date:

2024-09-27

Listing Id:

24331904

Mls Status:

Pending

Modification Timestamp:

2024-09-28 14:57:56

Off Market Date:

2024-09-28

On Market Date:

2024-09-27

Purchase Contract Date:

2024-09-28

Rent Includes:

Electricity,Sewer,TrashCollection

Standard Status:

Pending

Location

MLS Area Major:

_260

County Or Parish:

Coos

Lot

Features:

Level

Size Acres:

1.09

Size Range:

Acres1to3

Size Square Feet:

47,480

Size:

1 to 2.99 Acres

Parking

Features:

Paved,RVAccessParking

Property

Number Of Units Total:

Property Condition:

Approximately

Property View

Zoning:

CD-5

Schools

High School:

Marshfield

Middle Or Junior School:

Sunset

Elementary School:

Madison

Sewer

Sewer:

PublicSewer,SepticTank

Taxes

Annual Amount:

$1,303

Legal Description

Tax Year:

2023

Unit One

Actual Rent:

$595

Area:

445

Units Total:

1 total bathroom

Unit Two

Actual Rent:

$550

Area:

445

Units Total:

1 total bathroom

1 total bedroom

Unit Three

Actual Rent:

$450

Area:

445

Units Total:

1 total bathroom

1 total bedroom

Unit Four

Actual Rent:

$695

Area:

445

Units Total:

1 total bathroom

1 total bedroom

Unit Five

Area:

1948

Units Total:

2 total bathrooms

4 total bedroom

Unit Six

Actual Rent:

$600

Units Total:

Unit Seven

Actual Rent:

$410

Units Total:

Unit Eight

Actual Rent:

$625

Units Total:

Unit Nine

Actual Rent:

$475

Units Total:

Utilities

Fuel Description:

Electricity

Hot Water Description:

Electricity

Water Source:

PublicWater

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Contact an Agent

John Wesley McPherson, Jr., CFA

503406-1776 Email Me

Location

$895,000 -

91283 Grinnell Ln Coos Bay , OR 97420

MLS Area Major: _260

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.