Brookings, OR 97415,716 Pioneer RD
Brookings, OR 97415,716 Pioneer RD,Video Tour
Brookings, OR 97415,716 Pioneer RD
49
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$995,000
Est. payment /mo
5,696 SqFt
Active

716 Pioneer RD Brookings, OR 97415

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Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 5,696 sqft

Price per Sqft $174

MLS Listing ID 220193622

Style Other

Year Built 1991

Annual Tax Amount $7,046

Lot Size 0.620 Acres

Acres 0.62

Lot Dimensions 0.62

Property Sub-Type Multi Family

Property Description

Opportunity is knocking! With six residential units, this multifamily complex is a unique and rare investment opportunity. Each unit features two bedrooms, 1.5 or 2 bathrooms, private backyard area, & a garage for additional storage . These units currently generate a stable income stream, with a gross monthly rental income of $5,175. There is also upside potential, presenting an opportunity for an investor to grow revenue as the final unit is leased & adjusting rents to market levels. In addition to the strong income, the property has already undergone substantial improvements, with over $130,000 invested over the past year & a half. With a stable tenant base, recent improvements, & the potential for additional rent, this property represents a solid & rare investment opportunity. Furthermore, the growing demand for rental units in the area adds to the long-term potential, making it an attractive option for investors looking for both stability & growth.

Location

State OR

County Curry

Rooms

Basement None

Interior

Window Features Double Pane Windows,Vinyl Frames

Heating/Cooling Wall Furnace

Exterior

Parking Features Detached

Roof Type Composition

Parking Detached

Building

Lot Description Level

Entry Level One,Two

Foundation Concrete Perimeter

Water Public

Architectural Style Other

Structure Type Frame

New Construction No

Construction Frame

Schools

High Schools Brookings-Harbor High

Others

Senior Community No

Tax ID R21617

Security Features Carbon Monoxide Detector(s),Smoke Detector(s)

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Standard

Virtual Tour https://my.matterport.com/show/?m=n37WapbW7dP


Oregon Data Share
Listed by Land Leader

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agent

Cody Tuma

Broker | License ID: 201218086

+1(541) 953-7784

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716 Pioneer RD