56076/ 56078 FINLEY LOOP Active Save Request In-Person Tour Request Virtual Tour
Coquille,OR 97423
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 5,057 sqft
Price per Sqft $129
Subdivision Rrl
MLS Listing ID 699627395
Year Built 1932
Annual Tax Amount $3,457
Tax Year 2024
Lot Size 2.440 Acres
Property Description
Great opportunity to own this multi-family, income producing property. Conveniently located off HWY 42 between Coquille and Myrtle Point. Situated on 2.44 acres and boasting of sweeping valley views. Fully functioning rental property, with 2 Duplex's, 4 units total, (2 units per building).Plenty of space for storage and parking with detached shop, carport, and a small garage. Updates to the water system, new roof on 56076. Three of the units have been updated with new vinyl windows, paint, doors, lighting, flooring, and plumbing fixtures. Don't miss out, call today! ROI is based on 660k purchase with 25% down (average conversion rate) with a 7% loan, given current rent and expenses = 17% cap rate is 10%.
Location
State OR
County Coos
Area _260
Zoning RR5 C-1
Rooms
Basement Separate Living Quarters Apartment Aux Living Unit
Interior
Heating Zoned
Cooling None
Exterior
Garage Spaces 1.0
View Mountain, Seasonal, Valley
Roof Type Composition
Garage No
Building
Lot Description Gentle Sloping, Seasonal, Terraced
Story 2
Foundation Block
Sewer Standard Septic
Water Other, Well
Level or Stories 2
Schools
Elementary Schools Lincoln
Middle Schools Coquille
High Schools Coquille
Others
Acceptable Financing CallListingAgent,Cash,Conventional
Listing Terms CallListingAgent,Cash,Conventional
Virtual Tour https://youtu.be/9QUF2N2d7wQ