1240 5TH STREET LOOP Pending

Tillamook,OR 97141

$ 480000

- Bed

- Bath

3550 SqFt


Key Details

Property Type Multi-Family

Listing Status Pending

Purchase Type For Sale

Square Footage 3,550 sqft

Price per Sqft $135

Subdivision Central Netarts

MLS Listing ID 151254129

Year Built 1930

Annual Tax Amount $5,576

Tax Year 2024

Lot Size 0.420 Acres

Property Description

CENTRAL NETARTS OPPORTUNITY: creekfront .42 acres zoned commercial & enjoying view of the ocean from South end. Mostly flat except the creek bank. Multiple lots included. 8 cottages in varying states of disrepair. Tear down & build new or fix them up to rent. Just 100 yds from the beach. Priced for quick sale. Only 1 unit currently occupied and 1 unit in process of eviction. Most are not in condition to occupy but probably 4 could be made rentable with minor work. Also this property consists of 5 "lots of record" so it is possible to divide it up and sell individual parcels.

Location

State OR

County Tillamook

Area _195

Zoning NT C1

Rooms

Basement None

Interior

Heating Baseboard, Wall Heater

Cooling None

Exterior

Waterfront Description Creek

View Bay, Creek Stream, Ocean

Roof Type Shingle

Garage No

Building

Lot Description Level, Ocean Beach One Quarter Mile Or Less, Public Road

Story 1

Foundation None, Slab

Sewer Public Sewer

Water Public Water

Level or Stories 1

Schools

Elementary Schools Liberty

Middle Schools Tillamook

High Schools Tillamook

Others

Acceptable Financing Cash,Rehab

Listing Terms Cash,Rehab

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