129 SW DOLPHIN ST Active

Newport,OR 97365

$ 1225000

- Bed

- Bath

4550 SqFt


Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 4,550 sqft

Price per Sqft $269

Subdivision Nye Beach

MLS Listing ID 170994605

Year Built 1969

Annual Tax Amount $12,307

Tax Year 2024

Lot Size 10,018 Sqft

Property Description

Welcome to Nye Beach Townhomes! Rare in Newport--Turn key Vacation Rental business with 4 transferrable Short-Term Rental licenses. 4 nicely appointed units, each 2 bed, 1.5 bath with full kitchen, covered decks, and just steps to the beach on a paved path. Average annual gross of $147K/year for the last 4 years. Great Nye Beach location with easy access to beaches, shopping, restaurants, and Bayfront District. Adjacent to Coast Park, playground and Performing Arts Center. Large 0.23 AC lot, newly paved with 8 marked parking spots and EV charger. Each unit sleeps 6 with king beds in each bedroom and a sleeper sofa in the living area. Tons of storage closets including 2 walk-ins. Buyer to honor existing bookings.

Location

State OR

County Lincoln

Area _200

Zoning C2

Rooms

Basement Crawl Space

Interior

Heating Wall Heater

Exterior

View Ocean

Roof Type Composition

Garage No

Building

Lot Description Level, Ocean Beach One Quarter Mile Or Less

Story 2

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public Water

Level or Stories 2

Schools

Elementary Schools Yaquina View

Middle Schools Newport

High Schools Newport

Others

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

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