156 SW Brook St, Newport, OR 97365 (MLS:17-2726)

Multi-Dwelling

Updated by Doretta Smith,

Property Description 

Great investment opportunity in Nye Beach. Ocean view 5 plex with panoramic views. Never a vacancy, good rents, easy to manage. The property underwent an extensive renovation in 2012-13. New siding, windows, doors, balconies, paint, landscaping ect. Three of the 5 units have been completely remodeled and are at market rent. New flooring, paint, appliances, doors, heaters, ect. The top two units were not remodeled, owner considering combining them for a penthouse vacation home or rental.

156 SW Brook St, Newport, OR 97365 - front156 SW Brook St, Newport, OR 97365 - front
156 SW Brook St, Newport, OR 97365 - IMG_4286156 SW Brook St, Newport, OR 97365 - IMG_4287156 SW Brook St, Newport, OR 97365 - IMG_4292156 SW Brook St, Newport, OR 97365 - IMG_4293156 SW Brook St, Newport, OR 97365 - IMG_4296156 SW Brook St, Newport, OR 97365 - IMG_4297156 SW Brook St, Newport, OR 97365 - IMG_4301156 SW Brook St, Newport, OR 97365 - IMG_4308156 SW Brook St, Newport, OR 97365 - IMG_4309
156 SW Brook St, Newport, OR 97365 - IMG_4286156 SW Brook St, Newport, OR 97365 - IMG_4287156 SW Brook St, Newport, OR 97365 - IMG_4292156 SW Brook St, Newport, OR 97365 - IMG_4293156 SW Brook St, Newport, OR 97365 - IMG_4296156 SW Brook St, Newport, OR 97365 - IMG_4297156 SW Brook St, Newport, OR 97365 - IMG_4301156 SW Brook St, Newport, OR 97365 - IMG_4308156 SW Brook St, Newport, OR 97365 - IMG_4309
  • Status Pending - Continue to Show 
  • City Newport 
  • County Lincoln 
  • State Oregon 
  • Major Area NPSB - Newport/South Beach 
  • Area SNEW - Newport 
  • Subdivision Nye & Thompson 
  • Parcel Number 111108BB-24500-00 
  • U.S. Highway 101 West Side 
  • Style Tri-Plex 
  • View Ocean 
  • Bedrooms 11 
  • Bathrooms
  • Basement No 
  • Ceiling Flat 
  • Flooring Carpet 
  • Heating/Cooling Wall Furnace - Elect 
  • Water Heater Electric 
  • Garage Type None 
  • Parking Spaces 10 
  • Street Surface Paved 
  • Roof Compostion 
  • Siding Lap 
  • Foundation Continuous Concrete 
  • Total Square Feet 3,700 
  • Year Built 1978 
  • Lot Acres 0.15 
  • Lot Size 6250 
  • Frontage None 
  • Zoning R4 
  • Water City 100+ 
  • Sewer City 
  • Electric On Property 
  • Gas At Street 
  • Bank/Lender Owned No 
  • Seller's Terms 1031, Cash, Conventional Financing 
  • Price $425,000 
  • Taxes $4,507 
  • MLS Number 17-2726 
  • Phone Number 541-961-6688 
  • Directions West off Highway 101 on 2nd St. Past post offfice. Top of hill on right at corner of Brook and 2nd. 

Home Max, LLC. is the listing office. Call Doretta Smith at 541-961-6688 to see this property or obtain more information.