OR > Brookings
Brookings, OR 97415,716 PIONEER RD
Brookings, OR 97415,716 PIONEER RD
Brookings, OR 97415,716 PIONEER RD
Brookings, OR 97415,716 PIONEER RD
Brookings, OR 97415,716 PIONEER RD
Brookings, OR 97415,716 PIONEER RD
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Matt Willcuts

Matt Willcuts

Willcuts Company Realtors

+1(503) 807-8008
Listed by Land Leader
$ 995,000
Est. payment | /mo

5,696 SqFt

Save
$ 995,000
Est. payment | /mo
Save

5,696 SqFt

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 5,696 sqft

Price per Sqft $174

MLS Listing ID 24205581

Year Built 1991

Annual Tax Amount $7,046

Tax Year 2024

Lot Size 0.620 Acres

Property Description

Opportunity is knocking! With six residential units, this multifamily complex is a unique and rare investment opportunity. Each unit features two bedrooms, 1.5 or 2 bathrooms, private backyard area, & a garage for additional storage . These units currently generate a stable income stream, with a gross monthly rental income of $5,175. There is also upside potential, presenting an opportunity for an investor to grow revenue as the final unit is leased & adjusting rents to market levels. In addition to the strong income, the property has already undergone substantial improvements, with over $130,000 invested over the past year & a half. With a stable income, recent improvements, & the potential for additional rent, this property represents a solid & rare investment opportunity. Furthermore, the growing demand for rental units in the area adds to the long-term potential, making it an attractive option for investors looking for both stability & growth.

Location

State OR

County Curry

Area _270

Zoning R-2

Rooms

Basement None

Interior

Heating Wall Furnace

Cooling None

Exterior

Garage Spaces 7.0

View Territorial

Roof Type Composition

Garage No

Building

Lot Description Level

Story 2

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public Water

Level or Stories 2

Schools

Elementary Schools Kalmiopsis

Middle Schools Azalea

High Schools Brookings-Harbr

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Regional Multiple Listing Service (RMLS)
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716 PIONEER RD