29677 STEWART ST, Gold Beach, OR 97444

$275,000
Sold Price
$275,000
List Price
$335,000
Closing Date
Nov 05, 2021
Days on Market
13
MLS#
21691723
Property Type
Multifamily
Lot Size
3, 000 to 4, 999 SqFt
Region
Curry Co: Gold Beach & Surrounding Area
Status
Sold

Property Description

Income producing 2 unit duplex. Potential use for nightly rental or Airbnb due to commercial zoning. Conveniently located in the center of town with just a short distance to the park, library, hospital and all city services. Unit A offers 2 bedroom 1 bath with a laundry room, Unit B offers 1 bedroom 1 bath and was fully remodeled with granite counters, paint and flooring. Small patio area and a 1 car detached garage. Don't miss this great investment opportunity.

Additional Information

Tax Amount
$975
Year Built
1948
High School
Gold Beach
Elementary School
Riley Creek
Middle School
Riley Creek
Stories
2
Terms
Cash
Fuel Description
Electricity
Heating Description
Zoned
Hot Water Description
Electricity
Exterior Description
Shingle Siding
Roof Type
Composition
Sewer Description
Public Sewer
Water Description
Public
View
Territorial
Cumulative Days On Market
13
Sq Ft Approximate Building Total
1563
Capitalization Rate
5.07
Operating Expenses Actual
1000
Gross Income Actual
18000
Gross Rent Multiplier
18.61
Net Income Actual
17000
Road Surface
Paved
Number Of Units Total
2
Unit Type One Baths Total
1
Unit Type One Beds Total
2
Unit Type One Rent
900
Unit Type One Units Total
1
Unit Type Two Baths Total
1
Unit Type Two Beds Total
1
Unit Type Two Rent
650
Unit Type Two Units Total
1

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
Years

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

Listing courtesy of RE/MAX Ultimate Coastal Properties. Selling Office: United Country Coastal Frontier.

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