725 NW High St, Newport, OR 97365

$480,000
2
BD
2
BA
1,045
SqFt
List Price
$480,000
MLS#
23-927
Style
Duplex
Bedrooms
2
Bathrooms
2
Region
Nye Beach District
Subdivision
Sea Crest Blocks
Year Built
1939

Property Description

Tourist Commercial Zoned Duplex near the Nye Beach Ocean Front area where there is delicious dining, cool shops and easy access to the beach! The Newport Pacific Arts Center is also nearby. 2 stand alone units, both with tenants, please DO NOT disturb tenants. Remodeled in 2019, Unit E is a 320 sq ft studio that rents for $850. Unit D is a 725 sq ft 2 bedroom that rents for $1600. Shared storage and laundry is 168 sq ft. Being sold AS-IS and there is some evident powder post beetle damage in crawl spaces. Seller will do no repairs and is priced accordingly. The Sam Moore Parkway park is kitty corner & the skate park is across the street. The units are well cared for and have nice updates. Stylish and quality building products make this a Great Investment!!

Additional Information

Tax Year
2023
Living Area
1,045
Roof
Composition
Foundation
Pillar/Post/Pier
Water
City

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Calculator source: Real Geeks

Listing courtesy of Realty One Group At the Beach, Lincoln City.