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$1,450,000

4 Beds 2 Baths 4,028 SQFT 0.14 Acres

Type: Multi-Family

3210 SW ANCHOR AVE
Lincoln City, OR 97367

MLS#: 454707392

James McDowell

Premiere Property Group

Broker

Phone: 971.600.4688

Office: 503.716.8644

Visit Website

Presented by: Taylor & Taylor Realty Co. - 541-994-9111

Property Description

Lincoln City Investment Opportunity! Renovated and updated 6-plex located just across the street from easy beach access with miles of sandy beach and tidepools. Situated in the heart of the Nelscott district with charming shops, dining, and convenience to local activities. Gross income amount of $109,800. The complex features a coin op laundry, newer composition roof (2020) and new decks, pavers and landscaping. Recent renovations include plumbing and electrical updates, helical piers in units 3&5, leveling of all floors, new water heaters, new gas heat stoves, appliances, attic insulation, new gas furnace in unit 6, new water main line, and much more! (See the full list in documents.) Nescott Mixed Use (NBMU) zoning permits a range of commercial, recreational, and residential activities (Buyer to verify with Lincoln City Planning on intended use.) Don't miss this solid multi-family investment in a desirable Oregon Coast location. Interior photos are from prior to tenants moving in. Please do not disturb tenants.

Interior Features

Bedrooms

Unit 1 Beds Total1

Unit 2 Beds Total3

Bathrooms

Unit 1 Baths Total1

Unit 2 Baths Total1

Other Interior Features

UnitType1ActualRent1504

UnitType1FeaturesRange, Refrigerator

UnitType1UnitsTotal5

UnitType2ActualRent1504

UnitType2FeaturesRange, Refrigerator

UnitType2UnitsTotal1

FuelDescriptionElectricity, Gas

BasementNone

Hot WaterElectricity

StorageLocked

Unit TypeUnitTypeType1, UnitTypeType2

General

Accessory Dwelling Unit Y/NN

AttributionContact541-994-9111

CityLincolnCity

CoolingNone

CountyLincoln

DirectionsFrom Hwy 101; West on SW 32nd St; Left on SW Anchor Ave; On immediate left (corner of Anchor & 32nd)

DisclosuresDisclosure

Elementary SchoolOceanlake

Garage Spaces0

Gross Income109800.0

HOANo

HeatingForcedAir, GasStove

High SchoolTaft

Legal DescriptionPROPERTY ID R410550 NELSCOTT BEACH, BLOCK 5, LOT 7 & N 30OF 6, DO

Listing TermsCash, Conventional, Other

Lot Size Square Feet6,098 sqft

MLS Area_200

Middle/Junior High SchoolTaft

Net Operating Income86400.0

Number Of Units Total6

Operating Expense25200.0

Parcel Number0

Property ConditionExisting

Property TypeMultiFamily

Rent IncludesElectricity, Gas, Sewer, TrashCollection, Water

RoofComposition

SewerPublicSewer

Standard StatusActive

StatusActive

Stories Count2

Subdivision NameNELSCOTT BEACH

Tax Annual Amount$5,199

Tax Year2025

ViewDescriptionOcean

Year Built1946

ZoningNP-NBMU

Exterior

Building Area Total4,028 sqft

Exterior DescriptionCedar, ShakeSiding

Foundation DetailsOther

Lot DimensionsPlat Map in Docs

Lot FeaturesCornerLot

Lot Size Acres0.14

Parking FeaturesDriveway, OffStreet

Road Surface TypePaved

Total Parking6.0

Water SourcePublicWater

Additional Details

Price History

Schools

Elementary School Oceanlake Elementary School

Middle School Taft Middle School

High School Taft High School

Similar Properties

$1,450,000

4 Beds 2 Baths 4,028 SQFT 0.14 Acres

Type: Multi-Family

3210 SW ANCHOR AVE
Lincoln City, OR 97367

MLS#: 454707392

James McDowell

Premiere Property Group

Broker

Phone: 971.600.4688

Office: 503.716.8644

Visit Website

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Property

$1,450,000

3210 SW ANCHOR AVELincoln City, OR 97367

Property Description

Interior Features

Bedrooms

Bathrooms

Other Interior Features

General

Exterior

Additional Details

Price History

Schools

Similar Properties

$1,450,000

3210 SW ANCHOR AVELincoln City, OR 97367

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3210 SW ANCHOR AVE
Lincoln City, OR 97367

3210 SW ANCHOR AVE
Lincoln City, OR 97367