Rockaway Beach, OR 97136,18320 N HIGHWAY 101
Rockaway Beach, OR 97136,18320 N HIGHWAY 101
Rockaway Beach, OR 97136,18320 N HIGHWAY 101
Rockaway Beach, OR 97136,18320 N HIGHWAY 101
Rockaway Beach, OR 97136,18320 N HIGHWAY 101
Rockaway Beach, OR 97136,18320 N HIGHWAY 101
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Listed by Harnish Company Realtors • harnish@harnishproperties.com
$ 1,950,000
Est. payment | /mo

2,686 SqFt


$ 1,950,000
Est. payment | /mo

2,686 SqFt

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

Rooms

Basement None

Interior

Heating Forced Air

Exterior

Garage Spaces 2.0

Community Features SpaHotTub

Waterfront Description OceanFront

View Ocean

Roof Type Composition

Garage No

Building

Lot Description Flood Zone, Stream

Story 2

Foundation Other

Sewer Public Sewer

Water Public Water

Level or Stories 2

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

Regional Multiple Listing Service (RMLS)