1600 NE 14th Street, Lincoln City, OR 97367

$500,000
6
BD
6
BA
2,294
SqFt
Sold Price
$500,000
List Price
$575,000
Closing Date
Jan 08, 2024
MLS#
23-867
Status
CLOSED
Days on Market
105
Frontage
None
View
Ocean
Year Built
1924
Square Ft.
2,294
Acres
0.48
Bedrooms
6
Bathrooms
6
Hwy 101
East Side
Property Type
Multi-Dwelling
Tax Amount
$2,782
Water
City
Sewer City
Yes

Property Description

Rare opportunity to own Hyde Park Cottages on the beautiful Oregon Coast. Own almost half an acre of Multi-Family zoned land with a commercial rental use currently in place. Tucked just behind the quaint shops and restaurants that line historic 101 are 6 dwellings (cottage style) built in 1924 in the heart of Lincoln City. Located just a block from two convenient crosswalks across 101 that lead to NW 15th Street Public Beach Access. There may be opportunity to build one more cottage in a disused footprint (Buyer due diligence with City of Lincoln City). Keep one cottage back for personal use and rent out the rest? Or choose to continue the current use as a lovely investment property on the beautiful Oregon Coast. Entry to the property without an appointment is not allowed.

Additional Information

Roof
Composition
Foundation
Concrete Perimeter, Block
Zoning
R-M Residential

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Taylor & Taylor Realty Company. Selling Office: .