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  • $375,000

    97786 S Bank Chetco River Rd, Brookings, OR 97415

    2beds
    792sqft
    Multi Family
    Built in 1992
    -- sqft lot
    $-- Zestimate®
    $473/sqft
    $-- HOA

    What's special

    Attention Investors! This is an incredible investment opportunity you won't want to miss! This property features TWO beautifully remodeled homes with breathtaking views of the Chetco River and Bridge. The best part? There are NO HOA fees or space rent as you own the land! Plus, it's conveniently located just a short distance from shopping, dining, and beaches. You can choose to live in one home and rent out the other or rent them both out for maximum income potential. The shared laundry room on site adds even more convenience for tenants. Currently, each home rents for $1,680 EACH to traveling nurses, making for a solid income stream. And with a total combined property tax of only $800 in 2022, this investment will continue to be profitable for years to come. There is a 30 day minimum on rentals, however, Brookings is in desperate need of rentals, so act fast to secure this fantastic investment opportunity!

    Zillow last checked: 7 hours ago

    Listing updated: July 19, 2023 at 09:24am

    Listed by:

    Jennifer Gates 541-251-9055,

    RE/MAX Coast and Country

    Bought with:

    Sarah Pettinger, 871000111

    Blue Pacific Realty

    Source: RMLS (OR),MLS#: 22531179MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Forced Air
    Cooling
    • Window Unit(s)
    Appliances
    • Included: Microwave, Range, Refrigerator, Electric Water Heater
    • Laundry: Common Area
    Features
    • Windows: Window Coverings
    • Basement: None
    Interior area
    • Total structure area: 792
    • Total interior livable area: 792 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Paved
    Features
    • Patio & porch: Deck
    • Has view: Yes
    • View description: Mountain(s), River
    • Has water view: Yes
    • Water view: River
    • Body of water: Chetco River
    Lot
    • Features: Level, Ocean Beach One Quarter Mile Or Less, Sloped, SqFt 7000 to 9999
    Details
    • Additional parcels included: M31772,M31762
    • Parcel number: R22162
    • Zoning: C1

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Foundation: Pillar/Post/Pier
    • Roof: Composition
    Condition
    • Year built: 1992

    Utilities & green energy

    • Gas: Propane
    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Community
    • Community features: Laundry
    Location
    • Region: Brookings

    HOA & financial

    Other financial information
    • Total actual rent: 3080

    Other

    Other facts
    • Listing terms: Cash
    • Road surface type: Paved
    Services availability
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