Active

1731 S Downing ST

Seaside OR, 97138

$949,000


$303.39 per sqft

Active

5 Beds

5 Baths

3,128 sqft

Multi-family

Built in 1946

Courtesy of Windermere Realty Trust

SEA PINES BEACH COTTAGES. Investors - great Cap Rate at 6% with updated low maintenance unit!Great investment opportunity! Adorable cottage style 5 plex on a double lot, 3 blocks to the beach!Some of the recent upgrades include New Roof, updated windows throughout, LVP flooring, toilets and several sinks and fixtures. Newer Speed Queen washer & Dryer, newer paint inside, all cottages have New outside paint, & gutters!4 of the 5 cottages have carports; 7 off-street parking spaces total. Shared Laundry room. Great tenant history with all tenants desiring long term occupancy. Start earning income now!See Documents for more property & rental detail!

24491510

MLS ID

June 28, 2024

Listed

September 13, 2024

Updated

Map

1731 S Downing ST
Seaside OR, 97138

Interior Features

Bedrooms

5


Total Bathrooms

5


Full Bathrooms

5


Fireplace

No


Cooling

No


Heating

Yes


Heating Description

Baseboard

Exterior/Building Features

Lot Size

0.23 Acres


Lot Features

Ocean Beach One Quarter Mile Or Less


Roof

Composition


Sewer

Public Sewer

School Information

High School

Seaside


Elementary School

Pacific Ridge

Other Property Details

Area Name

_186


Taxes

$4,448


Tax Frequency

Annually


Days on Market

38


Garage

Yes


Garage Spaces

4


Parking

Carport, Off Street


Parking Total

7


View

No


County

Clatsop


Water Source

Public Water


Pool

No


Zoning

R2

Listing Courtesy of Windermere Realty Trust, Jody Conser. 503-440-0457

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