MLS# 23159519 – 297 Matot St, Brookings, OR 97415 – John Wesley McPherson, Jr., The Portland Team

Listing courtesy of RE/MAX Coast and Country.

Property Description

Description

2 Units

Status: Active

Year Built: 1976

Days on Website: 188

Investment Opportunity Awaits! Live in one unit and rent out the other in this duplex! Each unit boasts 3 bedrooms and 1.5 baths, 1144 sq ft for each unit, offering comfortable living spaces for tenants or family members. Nestled in the heart of a vibrant community, this duplex enjoys a fantastic location within walking distance to restaurants, shopping, and the convenience of an easy bike ride to the beach. Key Features: New fence and freshly painted exterior in 2022.3 Bedrooms, 1.5 Baths in Each Unit. Prime Location for Dining and Shopping. Quick bike ride to the beach! Roof less than 10 years old. Updated plumbing with PEX in 2011. New Windows on Sides and Front in 2014. Currently, excellent long-term tenants in both units and well maintained. Whether you're an investor seeking a prime income property or looking to enjoy the benefits of dual living, this duplex offers a golden opportunity. Don't miss your chance to own this gem. Schedule a viewing today!

Property Details and Features

Property Access

Road Surface Type:

Concrete

Building

Built in 1976

Storage:

IndividualStorageUnits

Unit Type Type:

UnitTypeType1,UnitTypeType2

Expenses

Operating Expense:

$3,128

Exterior Features

Exterior Description:

CementSiding,WoodSiding

Heating

Heating Available

Heating:

Baseboard

Income

CAP Rate:

5.26

Gross Income:

$25,752

Gross Rent Multiplier:

16.69

Net Operating Income:

$22,624

Listing

Contract Status Change Date:

2023-10-24

Days On Market:

188

Last Transaction Date:

2024-02-03 22:37:30

List Price:

$429,900

Listing Contract Date:

2023-10-24

Listing Id:

23159519

Mls Status:

Active

Modification Timestamp:

2024-02-03 22:37:30

On Market Date:

2023-10-24

Previous List Price:

$439,900

Rent Includes:

None

Standard Status:

Active

Location

MLS Area Major:

_270

County Or Parish:

Curry

Lot

Features:

Level

Size Range:

SqFt5000to6999

Size:

5,000 to 6,999 SqFt

Miscellaneous

Investor Information:

AccordingToOwner

Parking

Features:

Guest

Property

Number Of Units Total:

Property Condition:

UpdatedRemodeled

Property View

Zoning:

Roof

Roof:

Composition

Schools

High School:

Brookings-Harbr

Middle Or Junior School:

Azalea

Elementary School:

Kalmiopsis

Sewer

Sewer:

PublicSewer

Taxes

Annual Amount:

$1,694

Legal Description

Tax Year:

2022

Unit One

Actual Rent:

$1,000

Area:

1144

Features:

Dishwasher,Range,Refrigerator,WasherDryerHookup

Units Total:

2 total bathrooms

3 total bedroom

Unit Two

Actual Rent:

$1,146

Area:

1144

Features:

Microwave,Range,Refrigerator,WasherDryerHookup

Units Total:

2 total bathrooms

3 total bedroom

Utilities

Fuel Description:

Electricity

Hot Water Description:

Electricity

Water Source:

PublicWater

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$429,900 - Br/Ba - for Sale in Brookings

Virtual Tour

Contact an Agent

John Wesley McPherson, Jr., CFA

503406-1776 Email Me

Location

$429,900 -

297 Matot St Brookings , OR 97415

MLS Area Major: _270

Street View

Nearby Schools

Recent Sales in the Area

This content last updated on April 29, 2024 11:45PM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.