Coming soon to the market, this exceptional multi-family investment property in desirable Gearhart. Thoughtfully designed, built in 2019 with quality craftsmanship, durability and low maintenance in mind making it an attractive addition to any investment portfolio. Four spacious 1,718 sq ft units with 3 bedrooms, 2-1/2 bathrooms each. Every unit has an appealing modern aesthetic with 9ft ceilings bringing in lots of natural light and use of materials such as quartz countertops in the kitchen and bathrooms, stainless steel appliances and engineered hardwood flooring. The kitchen offers a walk-in pantry as well as an island with extra seating space for 3-4. The layout of each unit makes the most of its usable space with an open first floor, efficient design and all bedrooms and two full bathrooms on the second story. Primary bedroom has an en suite bathroom with a walk-in shower and dual sinks. Each townhome-style unit has a private driveway, a one car garage and stackable washer/dryer. Additional parking spaces available on site. Each unit opens to a private fenced-in patio and backyard. This turnkey investment property is ideally situated near north coast amenities. Convenient to the beach, restaurants, shopping and recreational activities. This is an investment property that offers strong upside potential in an area that has experienced high demand for rental properties with hundreds of applications for available units. Strong rental history with documented tenant records available. Great opportunity for a hands-on investor, owner/occupant, investment portfolio or 1031 exchange.
14 days
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244
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7
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Zillow last checked:
Listing updated:
Listed by:
Wendy Carpenter503-502-7553,
Windermere Heritage
Source: RMLS (OR),MLS#: 351146141
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Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 12
Bathrooms: 12
Full bathrooms: 8
Partial bathrooms: 4
Heating
Forced Air
Appliances
Included: Range, Refrigerator, Washer/Dryer, Gas Water Heater
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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