3210 SW ANCHOR AVE, Lincoln City, OR 97367

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List Price
$1,450,000
Days on Market
3
MLS#
454707392
Property Type
Multifamily
Sqft. of Residence
4,028
Lot Size
5, 000 to 6, 999 SqFt
Region
Lincoln County
Status
ACTIVE

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.

Additional Information

Tax Amount
$5,199
Year Built
1946
High School
Taft
Elementary School
Oceanlake
Middle School
Taft
Acres
0.14
Living Area
4,028
Stories
2
Subdivision
NELSCOTT BEACH
Lot Size Dimension
Plat Map in Docs
Terms
Cash, Conventional, Other
Cooling Description
None
Fuel Description
Electricity, Gas
Heating Description
Forced Air, Gas Stove
Hoa Rent Includes
Electricity, Gas, Sewer, Trash Collection, Water
Hot Water Description
Electricity
Exterior Description
Cedar, Shake Siding
Roof Type
Composition
Sewer Description
Public Sewer
View
Ocean
Parking
Driveway, Off Street
Parking Description
Driveway, Off Street
Road Surface
Paved
Number Of Units Total
6
Unit Type One Baths Total
1
Unit Type One Beds Total
1
Unit Type One Rent
1504
Unit Type One Sq Ft
500
Unit Type One Units Total
5
Unit Type Two Baths Total
1
Unit Type Two Beds Total
3
Unit Type Two Units Total
1

Mortgage Calculator

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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of Taylor & Taylor Realty Co..

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