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Karl K. Nettgen
Karl K. Nettgen
Principal Broker

Century 21 Agate Realty
29642 S. Ellensburg Ave. P.O. Box 127
Gold Beach, Oregon 97444
541-698-8171
Contact Me
Licensed in the state of Oregon
Live on the Southern Oregon Coast!

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Listing 13 out of 28
Sold for $340,000 Sold

42746 Port Orford Loop Rd
Port Orford, OR 97465

8 units | Multi Family Home - MLS# 16518748
Property Photo

Sold

Sold for $340,000 on Jul 31, 2019

Description

ESTABLISHED RENTAL INCOME AND SO MUCH POTENTIAL! Silver Springs rentals include a house, cabins and duplexes, all on 2.51 park-like acres. Only one more unit to finish remodeling. A great rental income with long term tenants. A newer septic system and great well keep the overhead low. Plenty of potential to customize and make this gem your own! Call for an appointment today!

Features

  • Property Type: Multi Family Home
  • Sub Type: Multi Family Home
  • Listing Status: Sold
  • Listing Price: $380,000
  • County/Area: Curry County
  • Zip Code: 97465
  • Year Built: 1942
  • Elementary School: Driftwood
  • Middle School: Driftwood
  • High School: Pacific
  • Stories: 2-Story
  • Units: 8 units
  • Basement: Block
  • Garage: 10-Car
  • Lot Size: 1 To 2.99 Acres
  • View: Park/Greenbelt, Trees/Woods Yes
  • Zoning: R2
  • Area: Curry Co: Port Orford, Langlois
  • Cap Rate: 8.78
  • Common Amenities: Commons
  • Exterior: Wood Siding
  • Fuel: Electricity
  • Gross Income Actual: 36000
  • Gross Income Projected: 41000
  • Gross Rent Multiplier: 10.56
  • Heating: Wall Furnace
  • Limited Representation: Full Service
  • Lot: Commons, Corner, Level, Trees
  • Net Income Projected: 36600
  • Occupancy Types: Month To Month
  • Operating Expenses Actual: 4400
  • Operating Expenses Projected: 4400
  • Parking: Open
  • Roof Type: Metal
  • Selling Agent: NYEKIM
  • Selling Office: Siskiyou Coast Realty
  • Sewer: Septic Tank
  • Storage: Individual Storage Units
  • Tax Amount: 2353.56
  • Terms: Call Listing Agent
  • Unit Features: Range, Refrigerator, Washer/Dryer Hookup
  • Unit Type1Baths Total: 1
  • Unit Type1Beds Total: 3
  • Unit Type1Features: Range, Refrigerator, Washer/Dryer Hookup
  • Unit Type1Units Total: 1
  • Unit Type2Baths Total: 1
  • Unit Type2Features: Range, Refrigerator
  • Unit Type2Units Total: 2
  • Unit Type3Baths Total: 1
  • Unit Type3Beds Total: 1
  • Unit Type3Features: Range, Refrigerator
  • Unit Type3Units Total: 3
  • Unit Type4Baths Total: 1
  • Unit Type4Features: Range, Refrigerator
  • Unit Type4Units Total: 4
  • Unit Type5Baths Total: 1
  • Unit Type5Beds Total: 2
  • Unit Type5Features: Range, Refrigerator, Washer/Dryer Hookup
  • Unit Type5Units Total: 5
  • Unit Type6Baths Total: 1
  • Unit Type6Features: Range, Refrigerator
  • Unit Type6Units Total: 6
  • Unit Type7Baths Total: 1
  • Unit Type7Features: Range, Refrigerator
  • Unit Type7Units Total: 7
  • Unit Type8Baths Total: 1
  • Unit Type8Beds Total: 1
  • Unit Type8Units Total: 8
  • Utilities Included: Electricity
  • Water: Well
  • Year Built Info: Remodeled
  • Sold Date: 2019-07-31
  • Sold Price: 340000
Courtesy of Siskiyou Coast Realty


Karl K. Nettgen | 541-698-8171 | Contact Us
29642 S. Ellensburg Ave. - Gold Beach, OR 97444
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