725 NW High St, Newport, OR 97365

$480,000
2
BD
2
BA
1,045
SqFt
List Price
$480,000
MLS#
23-927
Status
ACTIVE
Days on Market
12
Frontage
None
View
None
Year Built
1939
Square Ft.
1,045
Bedrooms
2
Bathrooms
2
Hwy 101
West Side

Property Description

Tourist Commercial Zoned Duplex near the Nye Beach Ocean Front area where there is delicious dining, cool shops and easy access to the beach! The Newport Pacific Arts Center is also nearby. 2 stand alone units, both with tenants, please DO NOT disturb tenants. Remodeled in 2019, Unit E is a 320 sq ft studio that rents for $850. Unit D is a 725 sq ft 2 bedroom that rents for $1600. Shared storage and laundry is 168 sq ft. Being sold AS-IS and there is some evident powder post beetle damage in crawl spaces. Seller will do no repairs and is priced accordingly. The Sam Moore Parkway park is kitty corner & the skate park is across the street. The units are well cared for and have nice updates. Stylish and quality building products make this a Great Investment!!

Additional Information

Roof
Composition
Foundation
Pillar/Post/Pier
Furnished
Unfurnished
Acres
0.10
Zoning
C-2 General Commercial
Water
City

Mortgage Calculator

Amount of Loan
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Calculator source: Real Geeks

Listing courtesy of Realty One Group At the Beach, Lincoln City.