221 N DOWNING ST Pending Save Request In-Person Tour Request Virtual Tour
Seaside,OR 97138
Key Details
Property Type Multi-Family
Listing Status Pending
Purchase Type For Sale
MLS Listing ID 648855071
Year Built 1909
Annual Tax Amount $6,934
Tax Year 2024
Lot Size 4,791 Sqft
Property Description
Invest in a premium rental property just one block from beach access in Seaside. This well-maintained 4-plex is uniquely configured as a triplex plus a charming standalone cottage, offering versatility and strong rental income. Each unit has been thoughtfully updated with coastal-inspired colors and stylish, modern light fixtures. Off-street parking enhances convenience, while a shared sun deck and laundry room foster a welcoming community atmosphere. Ideally located just three blocks from the city center and downtown Seaside, this property provides much-needed quality housing in a prime location. Recent upgrades include new flooring in the second-floor, two-bedroom apartment, newly installed siding on the east side, and a roof replacement on the triplex in 2022. Total Monthly Rental Income: $6,800. Don't miss this exceptional opportunity to own a high-performing rental property in one of the Oregon Coast's most desirable destinations. Accurate room count is a total of 6 bedrooms, 5 bathrooms.
Location
State OR
County Clatsop
Community Alllandscaping,Laundry
Area _184
Zoning R3
Interior
Heating Forced Air
Cooling None
Exterior
Community Features AllLandscaping,Laundry
Roof Type Composition
Building
Lot Description Level, Ocean Beach One Quarter Mile Or Less
Story 2
Foundation Block, Concrete Perimeter
Sewer Public Sewer
Water Public Water
Schools
Elementary Schools Pacific Ridge
Middle Schools Seaside
High Schools Seaside
Others
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional