5218 NW JETTY AVE, Lincoln City, OR 97367
Listing Courtesy of Taylor & Taylor Realty Co..
- $664,500
- 1,980
- SqFt
- List Price
- $664,500
- Status
- ACTIVE
- Days on Market
- 482
- Price Change
- ▼ $34,500 1778882708
- MLS#
- 518414587
- Year Built
- 1966
- Living Area
- 1,980
- Lot Size
- 4,791
- Acres
- 0.11
- Subdivision
- BRAEMAR
- Neighborhood
- BRAEMAR
- MLS Area Major
- Lincoln County
Property Description
Motivated seller. Price greatly reduced. Ocean view duplex located in the Road’s End area of Lincoln City, with nearby public beach access. This property offers the opportunity for coastal income, or the option to occupy one unit and rent the other.The property is currently operated as a rental with an approximate 6.6% cap rate. The lower unit features two bedrooms and one bathroom, while the upper unit includes one bedroom and one bathroom.Conveniently located less than a mile from grocery stores, shopping, banks, and entertainment. All showings are by appointment only. Please do not disturb tenants.The property has a recorded view easement in place, preventing any structure from being built above the current height.One of the sellers holds an active real estate license in the state of Oregon."
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Additional Information
- Zoning
- R1-RE
- Stories
- 2
- Parking
- Driveway
- Parking Features
- Driveway
- Elementary School
- Oceanlake
- Middle School
- Taft
- High School
- Taft
- View
- Ocean
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