20 plex apartment unit in the heart of Coos Bay! Close proximity to SOCC Community College. Well taken care of units. Managed through property management. Sits on 1/3 of an acre, right in town! 4 separate water meters, 4 units per plex. Water, sewer, garbage included in rents. Total monthly rents are $12,375/month per property manager's documents. Interior photos coming soon. P&L attached to listing.
Off market
$878,000
1864 Thomas Ave, Coos Bay, OR 97420
3beds
2baths
--sqft
MultiFamily
Built in 1977
-- sqft lot
$878,000 Zestimate®
$--/sqft
$1,544 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
Heating
- Electric
Appliances
- Included: Range / Oven, Refrigerator
- Laundry: Common Area
Property
Lot
- Features: Level
Details
- Zoning: C-2
Construction
Type & style
- Home type: MultiFamily
Materials
- Roof: Composition
Condition
- Restored
- Year built: 1977
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected
Community & neighborhood
Location
- Region: Coos Bay
HOA & financial
Other financial information
- Total actual rent: 12375
Other
Other facts
- Sewer: Public Sewer
- WaterSource: Public
- RoadSurfaceType: Paved
- Appliances: Refrigerator, Electric Water Heater, Range
- HeatingYN: true
- Utilities: Electricity Connected
- FoundationDetails: Slab
- Heating: Zoned
- Zoning: C-2
- Roof: Composition
- LotFeatures: Level
- NumberOfUnitsTotal: 20
- FarmLandAreaUnits: Square Feet
- ParkingFeatures: Assigned
- RentIncludes: Water, Sewer, Trash Collection
- LaundryFeatures: Common Area
- ConstructionMaterials: T-111 Siding
- PropertyCondition: Restored
- MlsStatus: Active
- GrossIncome: 103210
- NetOperatingIncome: 15707
- OperatingExpense: 87504
- TaxAnnualAmount: 6814.62
- TotalActualRent: 12375
- CapRate: 1.01
- Road surface type: Paved