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Listed by Windermere Heritage
$1,500,000
Est. payment /mo
6,872 SqFt
Active
3096 HIGHWAY 101 N Gearhart, OR 97138
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Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 6,872 sqft
Price per Sqft $218
MLS Listing ID 351146141
HOA Y/N No
Year Built 2019
Annual Tax Amount $7,577
Tax Year 2025
Lot Size 0.430 Acres
Property Description
Coming soon to the market, this exceptional multi-family investment property in desirable Gearhart. Thoughtfully designed, built in 2019 with quality craftsmanship, durability and low maintenance in mind making it an attractive addition to any investment portfolio. Four spacious 1,718 sq ft units with 3 bedrooms, 2-1/2 bathrooms each. Every unit has an appealing modern aesthetic with 9ft ceilings bringing in lots of natural light and use of materials such as quartz countertops in the kitchen and bathrooms, stainless steel appliances and engineered hardwood flooring. The kitchen offers a walk-in pantry as well as an island with extra seating space for 3-4. The layout of each unit makes the most of its usable space with an open first floor, efficient design and all bedrooms and two full bathrooms on the second story. Primary bedroom has an en suite bathroom with a walk-in shower and dual sinks. Each townhome-style unit has a private driveway, a one car garage and stackable washer/dryer. Additional parking spaces available on site. Each unit opens to a private fenced-in patio and backyard. This turnkey investment property is ideally situated near north coast amenities. Convenient to the beach, restaurants, shopping and recreational activities. This is an investment property that offers strong upside potential in an area that has experienced high demand for rental properties with hundreds of applications for available units. Strong rental history with documented tenant records available. Great opportunity for a hands-on investor, owner/occupant, investment portfolio or 1031 exchange.
Location
State OR
County Clatsop
Community Alllandscaping
Area _183
Zoning R2
Interior
Heating Forced Air
Exterior
Garage Spaces 4.0
Community Features AllLandscaping
Roof Type Composition
Garage No
Building
Lot Description Level
Story 2
Foundation Concrete Perimeter
Sewer Septic Tank
Water Public Water
Level or Stories 2
Schools
Elementary Schools Pacific Ridge
Middle Schools Seaside
High Schools Seaside
Others
Acceptable Financing Cash, Conventional, FHA, VALoan
Listing Terms Cash, Conventional, FHA, VALoan
NEARBY SCHOOL & BUSINESS
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