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Listed by Taylor & Taylor Realty Co. • 541-994-9111
$ 1,450,000
Est. payment | /mo
4,028 SqFt
$ 1,450,000
Est. payment | /mo
4,028 SqFt
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 4,028 sqft
Price per Sqft $359
Subdivision Nelscott Beach
MLS Listing ID 454707392
Year Built 1946
Annual Tax Amount $5,199
Tax Year 2025
Lot Size 6,098 Sqft
Property Description
Lincoln City Investment Opportunity! Renovated and updated 6-plex located just across the street from easy beach access with miles of sandy beach and tidepools. Situated in the heart of the Nelscott district with charming shops, dining, and convenience to local activities. Gross income amount of $109,800. The complex features a coin op laundry, newer composition roof (2020) and new decks, pavers and landscaping. Recent renovations include plumbing and electrical updates, helical piers in units 3&5, leveling of all floors, new water heaters, new gas heat stoves, appliances, attic insulation, new gas furnace in unit 6, new water main line, and much more! (See the full list in documents.) Nescott Mixed Use (NBMU) zoning permits a range of commercial, recreational, and residential activities (Buyer to verify with Lincoln City Planning on intended use.) Don't miss this solid multi-family investment in a desirable Oregon Coast location. Interior photos are from prior to tenants moving in. Please do not disturb tenants.
Location
Province OR
County Lincoln
Area _200
Zoning NP-NBMU
Rooms
Basement None
Interior
Heating Forced Air, Gas Stove
Cooling None
Exterior
View Ocean
Roof Type Composition
Garage No
Building
Lot Description Corner Lot
Story 2
Foundation Other
Sewer Public Sewer
Water Public Water
Level or Stories 2
Schools
Elementary Schools Oceanlake
Middle Schools Taft
High Schools Taft
Others
Acceptable Financing Cash, Conventional, Other
Listing Terms Cash, Conventional, Other

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