Bought with Coldwell Banker Coast Real Est
$513,000
$599,000
14.4%For more information regarding the value of a property, please contact us for a free consultation.
2,838 SqFt
SOLD DATE : 03/29/2024
Key Details
Sold Price $513,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 2,838 sqft
Price per Sqft $180
Subdivision Florence
MLS Listing ID 23045592
Sold Date 03/29/24
Year Built 2006
Annual Tax Amount $5,219
Tax Year 2023
Property Description
Prime Investment:Unlock a lucrative investment opportunity with this remarkable 2006-built, one-level modern duplex! Offering abundant space and upscale features, this property is an attractive prospect for discerning investors. The duplex boasts high ceilings throughout, accentuating the feeling of spaciousness. The large kitchens, complete with islands, are a chef's delight, featuring a blend of vinyl and carpeted flooring, zonal heating, and expansive double-car garages, providing both comfort and convenience. Both kitchens are equipped with top-notch stainless steel appliances, including dishwashers, range ovens with microwaves and vent/fan, garbage disposal, and refrigerators. These modern conveniences add a touch of luxury to daily living. Each unit comprises 2 bedrooms and 2 bathrooms, with Unit 1021 standing out as fully ADA compliant. Currently generating a monthly rental income of $2000.00, Unit 1021 represents an immediate return on investment. Meanwhile, Unit 1011 is owner-occupied, offering flexibility for the potential owner to reside on-site. Enjoy outdoor living with a large wrap-around deck and covered concrete front porches, creating inviting spaces for relaxation and entertainment. The low-maintenance design ensures that the property remains hassle-free, allowing you to focus on maximizing returns. Situated on a quiet street, this duplex offers a peaceful living environment. Take advantage of the property's proximity to shopping centers, the hospital, and the library, ensuring convenience for both occupants and potential tenants. Just moments away from the historic Old Town Florence and a short drive to the beach, this location combines the charm of the town with coastal appeal. Whether you choose to live in one unit and rent out the other or rent both sides for optimal returns, this property is a must-see for astute investors. Seize this opportunity to invest in a modern duplex that perfectly blends luxury living w/ the potential for investment.
Location
State OR
County Lane
Area _228
Zoning HR
Rooms
Basement Crawl Space
Interior
Heating Zoned
Cooling None
Exterior
View Territorial
Roof Type Composition
Parking Type Attached, Garage Door Opener
Garage No
Building
Lot Description Level, Private, Trees
Story 1
Foundation Concrete Perimeter, Stem Wall
Sewer Public Sewer
Water Public Water
Level or Stories 1
Schools
Elementary Schools Siuslaw
Middle Schools Siuslaw
High Schools Siuslaw
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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