Lincoln City Duplex offers a wonderful investment opportunity to live in one unit and rent the other, or simply rent out both. Each unit has 3 bedrooms/2.5 baths, open concept living room and kitchen, plus attached 2 car garage. Larger unit features granite countertops, stainless steel appliances, deck, patio and lower level bonus room. Located just minutes away from retail shopping, dining, casino, golf and miles of sandy beaches. 24 hour notice required for all showings.
Off market
$761,700
1 1767/1769 SE Mast Ave, Lincoln City, OR 97367
6beds
6baths
3,855sqft
MultiFamily
Built in 2004
-- sqft lot
$761,700 Zestimate®
$198/sqft
$3,137 Estimated rent
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 6
Heating
- Forced air, Gas
Appliances
- Included: Dishwasher, Dryer, Refrigerator, Washer
- Laundry: Common Area
Features
- Basement: Daylight
- Has fireplace: Yes
Interior area
- Total interior livable area: 3,855 sqft
Property
Parking
- Parking features: Garage - Attached
Features
- Patio & porch: Deck
- Exterior features: Cement / Concrete
Lot
- Features: Gentle Sloping
Details
- Zoning: R1-7.5
Construction
Type & style
- Home type: MultiFamily
Materials
- Roof: Composition
Condition
- Year built: 2004
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Natural Gas Connected
Community & neighborhood
Location
- Region: Lincoln City
HOA & financial
Other financial information
- Total actual rent: 3080
Other
Other facts
- Sewer: Public Sewer
- WaterSource: Public
- FoundationDetails: Concrete Perimeter
- Heating: Forced Air
- RoadSurfaceType: Paved
- Appliances: Dishwasher, Refrigerator, Washer/Dryer
- FireplaceYN: true
- GarageYN: true
- AttachedGarageYN: true
- HeatingYN: true
- NumberOfUnitsTotal: 2
- Utilities: Natural Gas Connected
- PatioAndPorchFeatures: Deck
- Roof: Composition
- ConstructionMaterials: Cement Siding, T-111 Siding
- FarmLandAreaUnits: Square Feet
- ParkingFeatures: Attached, Garage
- RentIncludes: Water
- Zoning: R1-7.5
- LotFeatures: Gentle Sloping
- LaundryFeatures: Common Area
- Basement: Daylight
- CapRate: 4.70
- TotalActualRent: 3080
- GrossIncome: 36960
- MlsStatus: Active
- NetOperatingIncome: 29540
- OperatingExpense: 7420
- TaxAnnualAmount: 5320.77
- Road surface type: Paved
Services availability

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