REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Mon

May

Tue

May

Wed

May

Jared Hambrook

jaredh@legacyre.com +1(503) 930-2124

$ 995,000

Est. payment -/mo

Save Virtual Tour

Active

716 Pioneer RD Brookings, OR 97415

5,696 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 5,696 sqft

Price per Sqft $174

MLS Listing ID 220193622

Style Other

Year Built 1991

Annual Tax Amount $7,046

Lot Size 0.620 Acres

Acres 0.62

Lot Dimensions 0.62

Property Sub-Type Multi Family

Property Description

Opportunity is knocking! With six residential units, this multifamily complex is a unique and rare investment opportunity. Each unit features two bedrooms, 1.5 or 2 bathrooms, private backyard area, & a garage for additional storage . These units currently generate a stable income stream, with a gross monthly rental income of $5,175. There is also upside potential, presenting an opportunity for an investor to grow revenue as the final unit is leased & adjusting rents to market levels. In addition to the strong income, the property has already undergone substantial improvements, with over $130,000 invested over the past year & a half. With a stable tenant base, recent improvements, & the potential for additional rent, this property represents a solid & rare investment opportunity. Furthermore, the growing demand for rental units in the area adds to the long-term potential, making it an attractive option for investors looking for both stability & growth.

Location

State OR

County Curry

Rooms

Basement None

Interior

Heating Wall Furnace

Cooling None

Window Features Double Pane Windows,Vinyl Frames

Exterior

Parking Features Detached

Roof Type Composition

Building

Lot Description Level

Entry Level One,Two

Foundation Concrete Perimeter

Water Public

Architectural Style Other

Structure Type Frame

New Construction No

Schools

High Schools Brookings-Harbor High

Others

Senior Community No

Tax ID R21617

Security Features Carbon Monoxide Detector(s),Smoke Detector(s)

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Standard

Virtual Tour https://my.matterport.com/show/?m=n37WapbW7dP

Listed by Land Leader

Jared Hambrook

Principal Broker | License ID: 201211534

+1(503) 930-2124

Jared Hambrook

716 Pioneer RD Brookings, OR 97415

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

GET MORE INFORMATION

Go tour this home

716 Pioneer RD