MLS# 24180629 – 46934 Highway 101, Bandon, OR 97411 – John Wesley McPherson, Jr., The Portland Team

Listing courtesy of Keller Williams Southern Oregon Coastal Real Estate Group.

Property Description

Description

4 Units

Status: Active

Year Built: 1970

Days on Website: 25

Situated next door to the West Coast Game Park, this commercially zoned property includes a Store Front (address 46936) with attached garage/storage (so many possibilities!), a 4bed 2bath home (address 46934), a 1 bed 1.5 bath Bungalow (address 46932), and RV Parking with Hookups at the rear of the Property. Not to forget the Large Oversized Shop with 2 Office Spaces, workshop area with lofted storage, and shop area with additional exterior storage.

Property Details and Features

Property Access

Road Surface Type:

Gravel

Basement

Basement:

None

Building

Built in 1970

Stories:

Unit Type Type:

UnitTypeType1,UnitTypeType2,UnitTypeType3,UnitTypeType4

Community

Community Features:

Laundry

Cooling

Cooling:

None

Expenses

Operating Expense Scheduled:

17620

Operating Expense:

$9,860

Exterior Features

Exterior Description:

BoardBattenSiding,Other,Plywood,T111Siding

Foundation

Foundation Details:

Other,Slab

Heating

Heating Available

Heating:

Baseboard,Zoned

Income

CAP Rate:

4.23

Gross Income:

$19,020

Gross Rent Multiplier:

23.66

Gross Scheduled Income:

$55,020

Net Operating Income:

$19,020

Net Scheduled Income:

37400

Listing

Contract Status Change Date:

2024-04-07

Days On Market:

Last Transaction Date:

2024-04-07 00:05:01

List Price:

$450,000

Listing Contract Date:

2024-04-07

Listing Id:

24180629

Mls Status:

Active

Modification Timestamp:

2024-05-02 02:54:07

On Market Date:

2024-04-07

Rent Includes:

Sewer,TrashCollection,Water

Standard Status:

Active

Location

MLS Area Major:

_260

County Or Parish:

Coos

Lot

Features:

Level,PublicRoad,Trees

Size Acres:

2.03

Size Range:

Acres1to3

Size Square Feet:

88,426

Size:

1 to 2.99 Acres

Miscellaneous

Investor Information:

AccordingToOwner,Incomplete,Leases

Parking

Features:

Driveway,Garage

Possession

Possession:

CloseOfEscrow

Property

Number Of Units Total:

Property Condition:

Fixer

Property View

Zoning:

C-1

Roof

Roof:

Composition,Metal

Schools

High School:

Bandon

Middle Or Junior School:

Harbor Lights

Elementary School:

Ocean Crest

Sewer

Sewer:

SepticTank,SharedSeptic

Taxes

Annual Amount:

$2,496

Legal Description

Tax Year:

2023

Unit One

Area:

1000

Features:

Range,Refrigerator,Unfurnished

Units Total:

2 total bathrooms

4 total bedroom

Unit Two

Actual Rent:

$1,200

Area:

760

Features:

Range,Refrigerator,Unfurnished

Units Total:

2 total bathrooms

1 total bedroom

Unit Three

Area:

1200

Units Total:

Unit Four

Area:

1152

Units Total:

Utilities

Fuel Description:

Electricity

Hot Water Description:

Electricity

Internet Service Type:

Cable,DSL

Water Source:

Well

[+] Read More

Contact an Agent

John Wesley McPherson, Jr., CFA

503406-1776 Email Me

Location

$450,000 -

46934 Highway 101 Bandon , OR 97411

MLS Area Major: _260

Street View

Nearby Schools

Recent Sales in the Area

This content last updated on May 2, 2024 7:49AM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.