Presented by: Triple Oaks Realty LLC - 541-225-8815
Property Description
Super rare Old Town investment opportunity! This fully renovated triplex is located just steps from famous Bay Street and only one block from historic Old Town Florence near the Siuslaw River. Generating a strong monthly gross rent of $3,150, this turnkey property consists of three updated units: Unit 1 (Studio) renting at $1,150/mo, Unit 2 (1 Bed / 1.5 Bath) renting at $1,300/mo, and Unit 3 (Studio) renting at $700/mo. Additional highlights include bright modern interiors, quality finishes, and a great-sized backyard complete with a garden area and outdoor space. An incredible income-producing property in an unbeatable location! Please reach out for a private showing today!
Interior Features
Bedrooms
Unit 1 Beds Total1
Unit 2 Beds Total1
Unit 3 Beds Total1
Bathrooms
Unit 1 Baths Total1
Unit 2 Baths Total2
Unit 3 Baths Total1
Other Interior Features
UnitType1ActualRent1150
UnitType1FeaturesMicrowave, Refrigerator
UnitType1UnitsTotal1
UnitType2ActualRent1300
UnitType2FeaturesMicrowave, Range, Refrigerator
UnitType2UnitsTotal1
UnitType3ActualRent700
UnitType3FeaturesMicrowave, Refrigerator
UnitType3UnitsTotal1
FuelDescriptionElectricity
BasementCrawlSpace
Hot WaterElectricity
StorageNone
Unit TypeUnitTypeType1, UnitTypeType2, UnitTypeType3
General
Accessory Dwelling Unit Y/NN
AttributionContact541-225-8815
CityFlorence
CoolingNone
CountyLane
DirectionsHWY 101 to Maple St, Home on your right
DisclosuresDisclosure
Elementary SchoolSiuslaw
Gross Income37800.0
HOANo
HeatingWallHeater
High SchoolSiuslaw
Legal Description18-12-34-11-04801
Listing TermsCallListingAgent, Cash, Conventional
Lot Size Square Feet3,049 sqft
MLS Area_228
Middle/Junior High SchoolSiuslaw
Net Operating Income29421.0
Number Of Units Total3
Operating Expense8379.0
Parcel Number801,934
Property ConditionUpdatedRemodeled
Property TypeMultiFamily
Rent IncludesElectricity, Water
RoofComposition
SewerPublicSewer
Standard StatusActive
StatusActive
Stories Count2
Subdivision NameOld Town
Tax Annual Amount$3,133
Tax Year2025
ViewDescriptionRiver
Year Built1930
ZoningOTDA
Exterior
Building Area Total1,296 sqft
Exterior DescriptionWoodSiding
Foundation DetailsConcretePerimeter
Lot FeaturesLevel
Lot Size Acres0.07
Parking FeaturesOnStreet
Road Surface TypePaved
Water SourcePublicWater
Additional Details
Price History
Schools
Middle School
Siuslaw Middle School
High School
Siuslaw High School
Elementary School
Siuslaw Elementary School




















