3895 S Hemlock ST Cannon Beach, OR97110
$895,000
3 total units
4 total bedrooms
4 total bathrooms
$42,720 annual income
Capitilization Rate: 4.77
2214 total sq. ft
5,000 to 6,999 SqFt
Elementary School: Cannon Bch Acad
Middle School: Seaside
High School: Seaside
Zoning: R-3
1018 days on market
VestorFilter™
Price per unit$298.3K/unit
Price per ft²$404.25/ft²
Price per acre$7.62M/ac
Price per bedroom$223.8K/bed
Time on market1018 days
Property Description
Trifecta here, 3 for the price of one. This triplex is located just 2 blocks from the beautiful beach in Cannon Beach and an easy stroll to coffee and dining. The property offers so many options including as an income producer,a home away from home or even a family compound. There are 3 units in this complex, a studio, a 1 bedroom, and a 2 bedroom unit.They all have washer/dryers and are very nicely appointed.There is an oversized garage that can be rented for income also. Appointment required
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Financial Data
Date Sold2021-11-10
Sold Price$895,000
Original Price$895,000
Current Price$895,000
Property Taxes$4,625
Find On Map
Home Facts
StatusSold
Year Built2001
Exterior Features
MLS ID21053909
Unit Details
Unit 1
Unit 2
Unit 3
