Historic home on South 5th Street in Coos Bay that has been converted into six large apartments, plus an owner's studio and common laundry room. All apartments have been remodeled and are fully furnished as successful short-term rentals. Furnishings can stay with full price offer. Excellent rental history. LED outside security lighting. Well-maintained landscaping. Owner will carry contract with min. of 25% down. Listing agent related to seller.
Off market
$629,500
864 S 5th St, Coos Bay, OR 97420
6beds
6baths
5,224sqft
MultiFamily
Built in 1912
-- sqft lot
$629,500 Zestimate®
$121/sqft
$-- HOA
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 6
Heating
- Wall, Electric
Appliances
- Included: Range / Oven, Refrigerator
- Laundry: Common Area
Features
- Individual Storage Units
- Basement: Unfinished, Dirt Floor, Storage Space
- Furnished: Yes
Interior area
- Total interior livable area: 5,224 sqft
Property
Features
- Patio & porch: Deck
- Has view: Yes
- View description: City
Lot
- Features: Sloped, Views
Details
- Zoning: R-3
Construction
Type & style
- Home type: MultiFamily
Materials
- Roof: Composition
Condition
- Updated/Remodeled
- Year built: 1912
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: 10600
Other
Other facts
- FoundationDetails: Pillar/Post/Pier
- ViewYN: true
- Sewer: Public Sewer
- WaterSource: Public
- RoadSurfaceType: Paved
- Appliances: Refrigerator, Electric Water Heater, Range
- Basement: Unfinished, Dirt Floor, Storage Space
- Furnished: Furnished
- HeatingYN: true
- PatioAndPorchFeatures: Deck
- Utilities: Electricity Connected
- NumberOfUnitsTotal: 6
- Zoning: R-3
- Roof: Composition
- FarmLandAreaUnits: Square Feet
- RentIncludes: Water, Sewer, Cable TV, Electricity, Trash Collection, Heat
- UnitsFurnished: All Units
- OpenParkingYN: true
- PropertyCondition: Updated/Remodeled
- ConstructionMaterials: Shake Siding
- LotFeatures: Sloped, Views
- LaundryFeatures: Common Area
- Heating: Wall Furnace
- ParkingFeatures: Open
- TotalActualRent: 10600
- View: City
- CapRate: 14.79
- MlsStatus: Pending
- InteriorFeatures: Individual Storage Units
- GrossIncome: 93053
- NetOperatingIncome: 66547
- OperatingExpense: 26506
- Road surface type: Paved
Services availability
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