$ 459,000
-
$459,000
Price -
3
Bed -
1
Bath -
1,248
SqFt
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About the Listing CBPG10 - NERUPHEA
Charming Updated Home With Income Potential Moments From the Beach! Discover a versatile opportunity at 1111 SW 13th Street in Lincoln City just moments from the beach, outlet mall, restaurants, and local shops. This tenant-occupied property features a 3-bedroom, 1-bath main home plus a separate 1-bedroom, 1-bath, two-story area, offering excellent flexibility for use as a primary residence or as a long-term rental investment. The property has seen numerous updates, and the main home (approx. 1,248 sq. ft. per county records). The separate area provides valuable bonus space, and is also tenant-occupied. Property has ample parking and each area has it's own backyard space, adding privacy and convenience for occupants. Total current rent for all spaces is approximately $3,750 per month. Buyers are advised to perform their own due diligence regarding property details, usage, and local requirements. Both tenants would prefer to stay on if purchased as an investment property, making this a convenient turnkey option for investors. Please note: Both home and additional studio area are separately tenant occupied. Whether you're looking to make this your home by the coast or expand your rental portfolio, this Lincoln City property offers exceptional potential just moments from the ocean.
Listing Highlights
Status
Pending
Days on Site
13
Property Type
Residential
MLS ®
227483136
Year Built
1973
Total Square Footage
1,248
Lot/Acreage
0.16
County
Lincoln
Area
200 - Lincoln County
Elementary School
Oceanlake
Middle School
Taft
High School
Taft
Interior Details
- Bedrooms: 3
- Bathrooms: 1 Full
- Appliances: Free-Standing Range, Free-Standing Refrigerator
- Air Cond:
- Heating: Forced Air
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other: Vinyl Floor,Master on Main
- Water: Public Water
Exterior Details
- Garage Capacity: 1 car
- Parking Spaces: 1
- Zoning: R7.5
- Roof: Composition
- Others: Deck,Tool Shed,Updated/Remodeled
- Sewer: Public Sewer
- Parking Features: Attached,Driveway
Financial Details
- Tax Amount: $3,401
- Taxes w/Assessments: N/A
- Tax/Property ID: R84523
- Tax Year: N/A
Payment Calculator
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Questions About..
1111 SW 13th St Lincoln City, OR 97367
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