140 Avenue S Seaside, OR97138

$200,000
2 total units
3 total bedrooms
2 total bathrooms
$14,880 annual income
Capitilization Rate: 5.20
1066 total sq. ft
5,000 to 6,999 SqFt
Elementary School: Seaside Hts
Middle School: Broadway
High School: Seaside
Zoning: R2
1592 days on market

VestorFilter™

Price per unit$100K/unit
Price per ft²$187.62/ft²
Recent price drop$35,000
Price per acre$1.7M/ac
Price per bedroom$66.7K/bed
Time on market1592 days
Smart Fixer ListYes
140 Avenue S (1 of 25)

Property Description

Seaside Investment Opportunity - 2 Blocks to the Beach! 2 Vintage Cottages - major fixer, w/detached shed/carport located on corner lot in great south Seaside location! Previously rented at $645 & 595 per month. Min. 24 hr. notice for all showings. Larger cottage currently vacant. Tenant in small cottage is vacating 3-1-2020. Buyers to perform due diligence regarding any future development of the property. Sold As Is.

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Financial Data

Date Sold2020-05-22
Sold Price$200,000
Price ChangeDropped $35,000 on 05/28/2020
Total $15,000 drop
Original Price$215,000
Current Price$200,000
Property Taxes$2,543

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Home Facts

StatusSold
Year Built1935
Green/Energy SupplementNo
Exterior Features
MLS ID19354209

Unit Details

Unit 1
Unit 2
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