1320 SPRUCE ST, Florence, OR 97439
- $1,250,000
- 6,522
- SqFt
- List Price
- $1,250,000
- Price Change
- ▼ $250,000 1778815777
- Days on Market
- 98
- MLS#
- 607072026
- Property Type
- Multifamily
- Sqft. of Residence
- 6,522
- Lot Size
- 20, 000 SqFt to .99 Acres
- Region
- Lane Co: Florence Town
- Status
- PENDING
Property Description
Opportunity awaits for investors seeking a reliable, income-producing property on the Central Oregon Coast. This offering features four fully rented duplexes, all situated in a convenient and central location with amenities nearby, making it an appealing choice for both tenants and owners.The property boasts a unique advantage as it backs up to the Munsel Creek bike path greenbelt. This setting provides a peaceful forest backdrop in the backyards of each duplex, enhancing the living experience for residents and adding value to the property. While all units are currently rented, there is additional opportunity for the new owner to increase rental income. Some rents have not yet been updated to reflect current market values, presenting potential for higher returns. Comprehensive financial information is available to qualified buyers upon request. For the privacy and comfort of current tenants, a 24-hour notice is required before any property viewing. Please respect the tenants and do not disturb them without prior arrangement.
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Additional Information
- Tax Amount
- $14,747
- Year Built
- 1984
- High School
- Siuslaw
- Elementary School
- Siuslaw
- Middle School
- Siuslaw
- Acres
- 0.59
- Living Area
- 6,522
- Stories
- 2
- Terms
- Cash, Conventional
- Fuel Description
- Electricity
- Heating Description
- Forced Air - 90%
- Hoa Rent Includes
- None
- Hot Water Description
- Electricity
- Exterior Description
- Lap Siding
- Roof Type
- Composition
- Sewer Description
- Public Sewer
- View
- City, Trees/Woods
- Parking
- Assigned, Carport
- Security Or Entry
- Unknown
- Parking Description
- Assigned, Carport
- Road Surface
- Paved
- Number Of Units Total
- 8
- Unit Type One Baths Total
- 1
- Unit Type One Beds Total
- 2
- Unit Type One Rent
- 907
- Unit Type One Sq Ft
- 928
- Unit Type One Units Total
- 1
- Unit Type Two Baths Total
- 1
- Unit Type Two Beds Total
- 2
- Unit Type Two Units Total
- 1
- Unit Type Three Baths Total
- 1
- Unit Type Three Beds Total
- 2
- Unit Type Three Rent
- 781
- Unit Type Three Sq Ft
- 928
- Unit Type Three Units Total
- 1
- Unit Type Four Baths Total
- 1
- Unit Type Four Beds Total
- 1
- Unit Type Four Rent
- 863
- Unit Type Four Sq Ft
- 928
- Unit Type Four Units Total
- 1
- Unit Type Five Rent
- 725
- Unit Type Five Sq Ft
- 680
- Unit Type Five Units Total
- 1
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Listing courtesy of Windermere Real Estate Lane County.
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