18320 N HIGHWAY 101 new Save Request In-Person Tour Request Virtual Tour
Rockaway Beach,OR 97136
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,686 sqft
Price per Sqft $725
Subdivision Rockaway Beach
MLS Listing ID 347369482
Year Built 1978
Annual Tax Amount $9,073
Tax Year 2024
Lot Size 1.600 Acres
Property Description
A unique opportunity to own a profitable duplex nestled on nearly an acre of oceanfront property plus an additional lot! This vintage gem is tucked away on a semi-private dead-end street off HWY 101 with a charming bridge on the property that leads over a stream through lush greens to an incredibly private part of Rockaway Beach! The lot next door is included in the sale. Two separate tax lots, both zoned CR2 $1,950,000 for the sale of both: one duplex TAX ID 60070 on 0.81 acres and one neighboring vacant lot TAX ID 59901 on an additional 0.79 acres. DUPLEX: One time transferrable STR. 2024 STATS: rental revenue = $124,402 / 173 nights booked / 47% occupancy rate / $600 average daily rate / $2,568 average revenue per stay. Opportunity AWAITS!
Location
State OR
County Tillamook
Community Spahottub
Area _195
Zoning CR2
Interior
Heating Forced Air
Exterior
Garage Spaces 2.0
Community Features SpaHotTub
Waterfront Description OceanFront
View Ocean
Roof Type Composition
Building
Lot Description Flood Zone, Stream
Story 2
Foundation Other
Sewer Public Sewer
Water Public Water
Schools
Elementary Schools Garibaldi
Middle Schools Neah-Kah-Nie
High Schools Neah-Kah-Nie
Others
Acceptable Financing Cash,Conventional,FHA
Listing Terms Cash,Conventional,FHA
Virtual Tour https://media.jennybockophotography.com/videos/01966ac6-ad18-73fa-a5b5-5e9096226e84