18320 N HIGHWAY 101 new Save Request In-Person Tour Request Virtual Tour
Rockaway Beach,OR 97136
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,686 sqft
Price per Sqft $725
Subdivision Rockaway Beach
MLS Listing ID 347369482
Year Built 1978
Annual Tax Amount $9,073
Tax Year 2024
Lot Size 1.600 Acres
Property Description
A unique opportunity to own a profitable duplex nestled on nearly an acre of oceanfront property plus an additional lot! This vintage gem is tucked away on a semi-private dead-end street off HWY 101 with a charming bridge on the property that leads over a stream through lush greens to an incredibly private part of Rockaway Beach! The lot next door is included in the sale. Two separate tax lots, both zoned CR2 $1,950,000 for the sale of both: one duplex TAX ID 60070 on 0.81 acres and one neighboring vacant lot TAX ID 59901 on an additional 0.79 acres. DUPLEX: One time transferrable STR. 2024 STATS: rental revenue = $124,402 / 173 nights booked / 47% occupancy rate / $600 average daily rate / $2,568 average revenue per stay. Opportunity AWAITS!
Location
State OR
County Tillamook
Community Spahottub
Area _195
Zoning CR2
Rooms
Basement None
Interior
Heating Forced Air
Exterior
Garage Spaces 2.0
Community Features SpaHotTub
Waterfront Description OceanFront
View Ocean
Roof Type Composition
Garage No
Building
Lot Description Flood Zone, Stream
Story 2
Foundation Other
Sewer Public Sewer
Water Public Water
Level or Stories 2
Schools
Elementary Schools Garibaldi
Middle Schools Neah-Kah-Nie
High Schools Neah-Kah-Nie
Others
Acceptable Financing Cash,Conventional,FHA
Listing Terms Cash,Conventional,FHA
Virtual Tour https://media.jennybockophotography.com/videos/01966ac6-ad18-73fa-a5b5-5e9096226e84