16 Nw Brook St Unit 1, 2, 3, Newport, OR 97365
Listing Courtesy of Windermere West Coast Properties.
- $525,000
- 4
- BD
- 3
- BA
- 1,695
- SqFt
- List Price
- $525,000
- Status
- ACTIVE
- Days on Market
- 73
- Price Change
- ▼ $24,000 1783045086
- MLS#
- 26-1319
- Subtype
- Residential Income
- Style
- Other
- Year Built
- 1930
- Bedrooms
- 4
- Bathrooms
- 3
- Full Baths
- 3
- Living Area
- 1,695
- Lot Size
- 4,356
- Acres
- 0.10
- Subdivision
- Kellog's Blocks
Property Description
Excellent turnkey income property in the Nye Beach overlay district with a short walk to Nye Beach shops, restaurants and beach access. Unit 3 currently leased long term & 2 vacant and ready for immediate rent at current market rates. Key features & recent updates New roof (2023) Foundation and sewer line repaired; plumbing and insulation with vapor barrier completed Newer windows throughout Units 1 & 3: new LVP flooring and fresh interior paint Unit 3: new stackable washer/dryer and new pellet stove (2025) Water heaters newer in Units 1 & 3 Newer refrigerators in all units Electrical upgrades across ~75% of the property; updated panels in Units 1 & 3 Heating: baseboard heat plus cadet heaters in each unit; Unit 3 also has pellet stove heat Proximity: walking distance to Nye Beach shopping & dining; only a couple blocks to beach access. Great value-add opportunity with recent capital improvements already completed. Contact for rent roll, expenses, vacancy history and to schedule a showing.
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Additional Information
- Interior Features
- Entrance Foyer, Smart Camera(s)/Recording
- Taxes
- $2,000
- Property Description
- Other
- Zoning
- R-4 Residential
- Flooring
- Carpet, Laminate
- Appliances
- Dryer, Disposal, Electric Oven, Electric Range, Microwave, Refrigerator, Washer, Washer/Dryer, Water Heater
- Heating
- Baseboard, Pellet Stove
- Air Conditioning
- None
- Levels
- One
- Roof
- Composition
- Foundation
- Concrete Perimeter, Crawl Space
- Parking Features
- On Street
- School District
- Lincoln County School District