938 SW 11TH ST, Newport, OR 97365

$542,000
3
BD
2
BA
1,376
SqFt

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List Price
$542,000
Days on Market
30
Status
ACTIVE
MLS#
320925494
Rent
3550
Bedrooms
3
Bathrooms
2
Living Area
1,376
Lot Size
3, 000 to 4, 999 SqFt
Region
Lincoln County

Property Description

"DUPLEX" in a great location just two blocks to Samaritan Hospital and just a short distance to shopping and the beach. Live in one unit and rent out the other...or purchase as an investment property to use as a 1031 Exchange! Main Unit: is a 952 sq ft ground floor unit with living room, kitchen, separate laundry room, two bedrooms, a full bathroom and an attached garage. New Pergo flooring installed about a year ago and the Seller will install a new kitchen range at closing. This unit comes with the use of the fenced backyard. Rent for this unit is $1,975 per month. Upper unit is 424 sq ft with living room-kitchen combination, a bedroom and a full bathroom. It also has an attached garage and laundry hook-ups in the garage. The rent for this unit is $1,575 per month. There are separate meters for the water/sewer, gas and electric. Tenants pay for all utilities including garbage and Internet. Over the years the Sellers has installed Milgard double-paned windows, rewired the whole house including new electrical panels, re-plumbed the whole house and had the whole house professionally insulated. The water heater in the main unit has also been replaced. Please do not disturb the Tenants! No Photos of the Upper Unit. No sign on Property.

Additional Information

Tax Amount
$4,119
Year Built
1945
High School
Newport
Elementary School
Yaquina View
Middle School
Newport
Fireplaces Total
1
Garage Spaces
2
Garage Type
Attached
Acres
0.11
Living Area
1,376
Stories
2
Property Type
Single Family Residence
Terms
Cash, Conventional
Accessibility Features
Garage on Main, Ground Level, Main Floor Bedroom w/Bath, Minimal Steps, Utility Room On Main
Master Bedroom Level
Main
Cooling Description
None
Fireplace Description
Gas, Stove
Fuel Description
Gas
Heating Description
Forced Air, Other
Hot Water Description
Gas
Exterior Description
Cedar, Cement Siding, T-111 Siding
Roof Type
Composition
Sewer Description
Public Sewer
Style
Cottage
Parking
Driveway
Parking Description
Driveway
Road Surface
Paved
Exterior Features
Patio, Yard
Interior Features
Garage Door Opener, High Speed Internet, Laminate Flooring, Laundry, Wall to Wall Carpet
Kitchen Appliances
Dishwasher, Free-Standing Range, Free-Standing Refrigerator, Pantry, Tile

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
Years

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Calculator source: Real Geeks

Listing courtesy of Premiere Property Group, LLC.

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