Price Reduced ListingMotivated seller. Price greatly reduced. Ocean view duplex located in the Road's End area of Lincoln City, with nearby public beach access. This property offers the opportunity for coastal income, or the option to occupy one unit and rent the other.The property is currently operated as a rental with an approximate 6.6% cap rate. The lower unit features two bedrooms and one bathroom, while the upper unit includes one bedroom and one bathroom.Conveniently located less than a mile from grocery stores, shopping, banks, and entertainment. All showings are by appointment only. Please do not disturb tenants.The property has a recorded view easement in place, preventing any structure from being built above the current height.One of the sellers holds an active real estate license in the state of Oregon."
| MLS # | 518414587 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1966 |
| Days On Site | 573 |
| Listing Provided By | Taylor & Taylor Realty Co. | Dennis Regen |
| SQ Feet | 1,980 |
|---|---|
| Story(s) | 2 |
| Units | 2 |
| Zoning | R1-RE |
| Acreage | 0.11 |
| Property View | Ocean |
| Heating | Forced Air |
|---|---|
| Heating Yn | Yes |
| Cooling | None |
| Cooling Yn | No |
| Roof | Built Up |
|---|---|
| Security Features | None |
| Foundation Details | Concrete Perimeter |
| Lot Features | Ocean Beach One Quarter Mile Or Less |
| Attached Garage Yn | No |
|---|---|
| Parking Features | Driveway |
| Property | 6004 |
|---|
| State | OR |
|---|---|
| County | Lincoln |
| City | LincolnCity |
| Zip Code | 97367 |
| Community Name | BRAEMAR |
| School District | Taft |
| Elementary School | Oceanlake |
| High School | Taft |
| Listing VS Median (in BRAEMAR) | |
Price: $659,000 low | high Med: $569,500 sqft: 1,980 low | high Med: 1,674 $ / sqft: $333 low | high Med: $342 On site: 573 low | high Med: 334.5 | |
| State | OR |
|---|---|
| County | Lincoln |
| City | LincolnCity |
| Zip Code | 97367 |
| Community Name | BRAEMAR |
| School District | Taft |
| Elementary School | Oceanlake |
| High School | Taft |
| Listing VS Median (in BRAEMAR) | |
Price: $659,000 low | high Med: $569,500 sqft: 1,980 low | high Med: 1,674 $ / sqft: $333 low | high Med: $342 On site: 573 low | high Med: 334.5 | |