94200 THIRD ST, Gold Beach, OR 97444

$479,900
List Price
$479,900
Days on Market
57
MLS#
21205817
Property Type
Multifamily
Lot Size
5, 000 to 6, 999 SqFt
Region
Curry Co: Gold Beach & Surrounding Area
Status
Pending

Property Description

C4 zoned 4 plex in the heart of Gold Beach. The C4 zoning allows for many outright permitted uses including but not limited too hotel, motel, vacation rental, or bed & breakfast inn. The current City of Gold Beach moratorium on vacation rentals does not apply in this zoning. Very well maintained property with great income & rental history & additional room to develop additional units on this parcel. #GoldBeachOregon #SouthCoastOregon

Additional Information

Tax Amount
$1,710
Year Built
1980
High School
Gold Beach
Elementary School
Riley Creek
Middle School
Driftwood
Stories
2
Terms
Cash, Conventional
Cooling Description
None
Fuel Description
Electricity
Heating Description
Radiant
Hot Water Description
Electricity
Exterior Description
Man Made
Roof Type
Composition
Sewer Description
Public Sewer
Water Description
Public
View
City, Territorial
Cumulative Days On Market
57
Capitalization Rate
5.2
Operating Expenses Actual
7311
Gross Income Actual
32280
Gross Rent Multiplier
14.87
Net Income Actual
24970
Covenants/Restrictions
Yes
Road Surface
Paved
Number Of Units Total
4
Unit Type One Baths Total
1
Unit Type One Beds Total
1
Unit Type One Rent
2690
Unit Type One Sq Ft
500
Unit Type One Units Total
4

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Century 21 Agate Realty.

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