531-533 SW 34th St, Lincoln City, OR 97367 (MLS:19-1220)

Multi-Dwelling

Updated by Doretta Smith,

Property Description 

Rare Nelscott Beach investment opportunity. Fully rented duplex with great rental history 1 block from the world famous Nelscott Beach access. Feel the ocean breeze as you earn income from this turnkey rental property. Unit 531 currently rents for $600/mnthly . Great renter has been here for over 8 years. Unit 533 rents for $785/mnthly. Renter has been here for over 3 years. Great investment and excellent location.

531-533 SW 34th St, Lincoln City, OR 97367 - 531-533 SW 34th ave531-533 SW 34th St, Lincoln City, OR 97367 - 531-533 SW 34th ave
531-533 SW 34th St, Lincoln City, OR 97367 - 531-533 SW 34th Ave531-533 SW 34th St, Lincoln City, OR 97367 - Unit 531531-533 SW 34th St, Lincoln City, OR 97367 - Unit 533
531-533 SW 34th St, Lincoln City, OR 97367 - 531-533 SW 34th Ave531-533 SW 34th St, Lincoln City, OR 97367 - Unit 531531-533 SW 34th St, Lincoln City, OR 97367 - Unit 533
  • Status Active 
  • City Lincoln City 
  • County Lincoln 
  • State Oregon 
  • Major Area LCGB - Lincoln City UGB 
  • Area NLSW - Lincoln City SW 
  • Subdivision Nelscott Beach 
  • Parcel Number 071127BA-8800-00 
  • U.S. Highway 101 West Side 
  • Property Type Multi-Dwelling 
  • Style Traditional 
  • Bedrooms
  • Bathrooms
  • Basement No 
  • Ceiling Flat 
  • Heating/Cooling Wall Furnace - Elect 
  • Water Heater Electric 
  • Garage Type None 
  • Parking Spaces
  • Street Surface Paved 
  • Roof Compostion 
  • Siding T1-11 
  • Foundation Continuous Concrete 
  • Outbuildings None 
  • Total Square Feet 1,275 
  • Year Built 1935 
  • Lot Acres 0.06 
  • Frontage None 
  • Zoning NCR - Nelscott Cottage Residential 
  • Water City Property 
  • Sewer City 
  • Electric On Property 
  • Gas None 
  • Bank/Lender Owned No 
  • Seller's Terms 1031, Cash, Conventional Financing, Owner Will Carry 
  • Price $275,000 
  • Taxes $1,813 
  • Tax Year 2018 
  • MLS Number 19-1220 
  • Phone Number (541) 961-6688 
  • Directions South 101 right on 32nd St to Anchor Ave left on Anchor to 34th Ave House on Left. 
  • Cross Street Anchor Ave 

JKI Realty is the listing office. Call Doretta Smith at (541) 961-6688 to see this property or obtain more information.