The Inn at Rockaway is a long time favorite hotel get-a-way in Rockaway Beach. Highway frontage & a quick walk to the beach or Clear Lake make the location choice. Current owner has refurbished the building once during her ownership & the building deserves it again. Zoned commercial & for many years a thriving hotel, the units are now being rented on a month-to-month basis. All tenants are in the process of vacation. Property being sold in AS IS condition.
Off market
$599,800
104 S 4th Ave, Rockaway Beach, OR 97136
--beds
0baths
4,224sqft
MultiFamily
Built in 1912
-- sqft lot
$599,800 Zestimate®
$142/sqft
$1,458 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Heating
- Wall, Electric
Appliances
- Laundry: Common Area
Features
- Storage
- Basement: Crawl Space
Interior area
- Total interior livable area: 4,224 sqft
Property
Features
- Waterfront features: Ocean Beach 1/4 Mile or Less
Lot
- Features: Corner Lot, Views
Details
- Zoning: RC_C1
Construction
Type & style
- Home type: MultiFamily
Materials
- Roof: Composition
Condition
- Fixer
- Year built: 1912
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected
Community & neighborhood
Location
- Region: Rockaway Beach
Other
Other facts
- Sewer: Public Sewer
- WaterSource: Public
- FoundationDetails: Concrete Perimeter, Stem Wall
- RoadSurfaceType: Paved
- HeatingYN: true
- Utilities: Electricity Connected
- Roof: Composition
- LotFeatures: Corner Lot, Views
- LeaseTerm: Month To Month
- Basement: Crawl Space
- FarmLandAreaUnits: Square Feet
- RentIncludes: Water, Sewer, Electricity, Heat, Maintenance Grounds
- OpenParkingYN: true
- ConstructionMaterials: Lap Siding
- NetOperatingIncome: 38400
- OperatingExpense: 9000
- PropertyCondition: Fixer
- LaundryFeatures: Common Area
- Heating: Wall Furnace
- InteriorFeatures: Storage
- ParkingFeatures: Open
- Zoning: RC_C1
- GrossIncome: 47400
- MlsStatus: Pending
- WaterfrontFeatures: Ocean Beach 1/4 Mile or Less
- CapRate: 9.65
- TaxAnnualAmount: 2364.42
- Road surface type: Paved