MLS# 24548181 – 466 Mendy St, Brookings, OR 97415 – John Wesley McPherson, Jr., The Portland Team

Listing courtesy of Eagle Two Realty.

Property Description

Description

4 Units

Status: Active

Year Built: 1978

Days on Website: 79

Two duplexes on one lot, 4 units total, within the Brookings city limits, located close to schools, parks, shopping and more. All units are one story, have dual pane vinyl windows, fenced back yards, washer & dryer hook ups and garages. Both buildings have fairly new roofs and have been well maintained. All four units are currently rented. This is a rare investment opportunity in Brookings, Oregon.

Property Details and Features

Property Access

Road Surface Type:

Gravel,Paved

Building

Built in 1978

Storage:

Garage

Stories:

Unit Type Type:

UnitTypeType1,UnitTypeType2,UnitTypeType3,UnitTypeType4

Cooling

Cooling:

None

Expenses

Operating Expense Scheduled:

12000

Operating Expense:

$12,000

Exterior Features

Exterior Description:

CementSiding

Foundation

Foundation Details:

Slab

Garage

Garage Spaces:

Heating

Heating Available

Heating:

Baseboard

Income

CAP Rate:

6.19

Gross Income:

$60,000

Gross Rent Multiplier:

12.92

Gross Scheduled Income:

$72,000

Net Operating Income:

$48,000

Net Scheduled Income:

60000

Listing

Contract Status Change Date:

2024-02-08

Days On Market:

Last Transaction Date:

2024-04-03 12:10:59

List Price:

$775,000

Listing Contract Date:

2024-02-08

Listing Id:

24548181

Mls Status:

Active

Modification Timestamp:

2024-04-03 12:10:59

On Market Date:

2024-02-08

Rent Includes:

None

Standard Status:

Active

Location

MLS Area Major:

_270

County Or Parish:

Curry

Lot

Features:

Level

Size Acres:

0.51

Size Range:

SqFt20000toAcres1

Size Square Feet:

22,215

Size:

20,000 SqFt to .99 Acres

Miscellaneous

Investor Information:

AccordingToOwner

Parking

Features:

Driveway,Garage

4 total parking spots

Possession

Possession:

SubjectToTenantRights

Property

Number Of Units Total:

Property Condition:

Existing

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:

$3,157

Legal Description

Tax Year:

2023

Unit One

Actual Rent:

$1,250

Area:

873

Features:

Range,Refrigerator

Units Total:

1 total bathroom

2 total bedroom

Unit Two

Actual Rent:

$1,250

Area:

873

Features:

Range,Refrigerator

Units Total:

1 total bathroom

2 total bedroom

Unit Three

Actual Rent:

$1,250

Area:

873

Features:

Range,Refrigerator

Units Total:

1 total bathroom

2 total bedroom

Unit Four

Actual Rent:

$1,250

Area:

873

Features:

Range,Refrigerator

Units Total:

1 total bathroom

2 total bedroom

Utilities

Fuel Description:

Electricity

Hot Water Description:

Electricity

Internet Service Type:

Cable,FiberOptics

Water Source:

PublicWater

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Contact an Agent

John Wesley McPherson, Jr., CFA

503406-1776 Email Me

Location

$775,000 -

466 Mendy St Brookings , OR 97415

MLS Area Major: _270

Street View

Nearby Schools

Recent Sales in the Area

This content last updated on May 1, 2024 1:45PM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.