Fully occupied 5-plex in the heart of Coos Bay! Each 2 bed/1 bath unit offers private storage, covered parking, and access to shared laundry—Unit 1 has W/D hookups. Gross income $53,500/year, expenses $18,500/year. 5.2% cap rate at $675K. Tenants are happy to stay! New roof, paint, and gutters, electrical with new panels, and new stairs and banister. Excellent walkability to schools, shopping, and parks. Turn-key investment with strong rental history in a high-demand area. Low vacancy, consistent cash flow, and long-term potential!
Active
Price cut: $6K (7/18)
$669,000
1050 S 8th St, Coos Bay, OR 97420
10beds
3,850sqft
Est.:
Multi Family
Built in 1979
-- sqft lot
$650,500 Zestimate®
$174/sqft
$-- HOA
What's special
Private storageNew stairsShared laundryNew roofCovered parking
- 171 days |
- 315 |
- 21 |
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