MONEY MAKER! 8 Unit apartment building located in scenic area of Coos Bay near historic district. Perfectly situated in an area of quaint Coos Bay homes and conveniently located near waterfront, shopping & historic downtown Coos Bay this property is an excellent investment opportunity! The seller says "You know what does a portfolio good? The milk from this cash cow!"
Sold
$300,000
425 Hall Ave, Coos Bay, OR 97420
9beds
5,040sqft
MultiFamily
Built in 1948
-- sqft lot
$304,300 Zestimate®
$60/sqft
$-- HOA
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 9
- Bathrooms: 8
- Full bathrooms: 8
Heating
- Baseboard, Electric
Appliances
- Included: Microwave
Features
- Microwave
Interior area
- Total interior livable area: 5,040 sqft
Property
Lot
- Features: Level
Details
- Parcel number: 6933000
- Zoning: R-2
Construction
Type & style
- Home type: MultiFamily
Materials
- Roof: Composition
Condition
- Year built: 1948
- Major remodel year: 1948
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Coos Bay
Other
Other facts
- Sewer: Public Sewer
- WaterSource: Public
- Heating: Baseboard
- HeatingYN: true
- FoundationDetails: Slab
- Zoning: R-2
- NumberOfUnitsTotal: 8
- CurrentFinancing: Conventional, Cash
- Roof: Composition
- LotFeatures: Level
- NumberOfUnitsInCommunity: 8
- YearBuiltEffective: 1948
- InteriorFeatures: Microwave
- ViewYN: Yes
- View: Territorial
- CapRate: 6.55
- MlsStatus: Active
- GrossIncome: 57750
- GrossScheduledIncome: 62305
- OperatingExpense: 18793
Services availability

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