Savvy investment opportunity at the beach! Lovingly restored triplex located on a large double lot nestled in old growth trees in the village of Oceanside. Adjacent lot also included in sale. Just a short stroll to beach, restaurants & downtown. Upper units each feature an open floor plan w/ 2BD/1BA, propane fireplace, laundry & large exterior deck w/ peeks of the ocean. Cozy ground level studio w/ full bath. Attached two-car garage. Excellent investment opportunity with great rental history.
Off market
$796,400
1590 NW Cape Meares Loop, Oceanside, OR 97134
5beds
3baths
1,748sqft
MultiFamily
Built in 1980
-- sqft lot
$796,400 Zestimate®
$456/sqft
$1,751 Estimated rent
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
Heating
- Wall
Appliances
- Included: Range / Oven, Refrigerator
- Laundry: Washer/Dryer Hookup
Features
- Windows: Window Coverings
Interior area
- Total interior livable area: 1,748 sqft
Property
Parking
- Parking features: Garage - Attached
Features
- Patio & porch: Deck, Deck Storage
- Exterior features: Cement / Concrete
Lot
- Features: Level, Views, Gentle Sloping
- Residential vegetation: Wooded
Details
- Zoning: ROS
Construction
Type & style
- Home type: MultiFamily
Materials
- Roof: Composition
Condition
- Year built: 1980
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Propane
Community & neighborhood
Location
- Region: Oceanside
HOA & financial
Other financial information
- Total actual rent: 1425
Other
Other facts
- Sewer: Public Sewer
- WaterSource: Public
- FoundationDetails: Concrete Perimeter
- RoadSurfaceType: Gravel
- Utilities: Propane
- Appliances: Refrigerator, Range
- GarageYN: true
- AttachedGarageYN: true
- HeatingYN: true
- PatioAndPorchFeatures: Deck, Deck Storage
- NumberOfUnitsTotal: 3
- Roof: Composition
- LotFeatures: Level, Views, Gentle Sloping
- ConstructionMaterials: Cement Siding, Board & Batten Siding
- FarmLandAreaUnits: Square Feet
- ParkingFeatures: Storage, Attached, Garage
- RentIncludes: Water, Sewer, Trash Collection, Maintenance Grounds
- WindowFeatures: Window Coverings
- Vegetation: Wooded
- Zoning: ROS
- Heating: Wall Furnace
- TotalActualRent: 1425
- CapRate: 3.36
- LaundryFeatures: Washer/Dryer Hookup
- CoListAgentEmail: dustytrost@gmail.com
- CoListAgentFullName: Dustin Trost
- MlsStatus: Active
- GrossIncome: 35998
- NetOperatingIncome: 21820
- OperatingExpense: 14168
- TaxAnnualAmount: 5190.83
- Road surface type: Gravel