589 10TH AVE, Coos Bay, OR 97420
- $560,000
- 2,544
- SqFt
- List Price
- $560,000
- Price Change
- ▼ $35,000 1781644322
- Days on Market
- 138
- MLS#
- 216102629
- Property Type
- Multifamily
- Sqft. of Residence
- 2,544
- Lot Size
- 7, 000 to 9, 999 SqFt
- Region
- Coos County
- Status
- PENDING
Property Description
Investment opportunity in the desirable Eastside neighborhood offering strong rental demand and value add potential. This triplex features a functional unit mix with two 2 bedroom 1 bath units with bay views and one larger 3 bedroom 2 bath unit with garage, providing flexibility for a range of tenant profiles and income strategies. Each unit offers ground level access with dedicated parking directly in front of the unit, eliminating stairs and increasing overall tenant appeal. A new roof installed in June 2024, 3 new hot water heaters in 2025 as well as electrical and plumbing updates, new flooring in lower unit and new asphalt driveways all to help offset immediate capital expenses for a new owner. Grossing over $4,100 a month in rent, this is well suited for investors seeking a 1031 exchange replacement property, this asset offers the ability to reposition and build equity over time while benefiting from steady rental demand in the area. 24HR notice, please do not disturb tenants.
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Additional Information
- Tax Amount
- $3,990
- Year Built
- 1972
- High School
- Marshfield
- Elementary School
- Millicoma
- Middle School
- Marshfield
- Garage Spaces
- 1
- Acres
- 0.18
- Living Area
- 2,544
- Stories
- 2
- Subdivision
- Eastside
- Terms
- Cash, Conventional, FHA
- Fuel Description
- Electricity
- Heating Description
- Wall Heater
- Hoa Rent Includes
- Sewer, Trash Collection, Water
- Hot Water Description
- Electricity, Tank
- Exterior Description
- Wood Siding
- Roof Type
- Composition
- Sewer Description
- Public Sewer
- View
- Bay, City
- Parking
- Driveway, Paved
- Parking Description
- Driveway, Paved
- Road Surface
- Paved
- Number Of Units Total
- 3
- Unit Type One Baths Total
- 1
- Unit Type One Beds Total
- 2
- Unit Type One Rent
- 1300
- Unit Type One Sq Ft
- 744
- Unit Type One Units Total
- 1
- Unit Type Two Baths Total
- 1
- Unit Type Two Beds Total
- 2
- Unit Type Two Units Total
- 1
- Unit Type Three Baths Total
- 2
- Unit Type Three Beds Total
- 3
- Unit Type Three Rent
- 1500
- Unit Type Three Sq Ft
- 1056
- Unit Type Three Units Total
- 1
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Listing courtesy of Pacific Coast Real Estate & Development, LLC.
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