4835 PHELPS AVE, Netarts, OR 97143 | 19647540 | Cascade Sotheby's International Realty

4835 PHELPS AVE $429,000

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    4835 PHELPS AVE Netarts, OR 97143

    • 0 Beds
    • 0 Baths
    • Multi-Family
    • Listing# 19647540
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    Views: 231 Days On Market: 246

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    Property Details

    RARE OPPORTUNITY - own 1 of the only 4plexes in Netarts! Well located yards from stores, delis, espresso, bus stop, post ofc, community center, beach access, and some Bay/Ocean view. Much recent remodeling includes vinyl windows & Hardiplank siding. Very easy to rent! The road is part of the acreage... provides additional income potential. Owner financing available. DO NOT LOOK IN WINDOWS WITHOUT APPOINTMENT... ALL UNITS ARE OCCUPIED!

    • General Features
      • Area Tillamook County
      • Bank Owned Y/N No
      • Capitalization Rate 7.44
      • Country US
      • Fuel Description Electricity
      • Gross Income Actual 45900
      • Gross Income Projected 46500
      • Gross Rent Multiplier 9.35
      • Heating Description Baseboard
      • Hot Water Description Electricity
      • Net Income Actual 31900
      • Net Income Projected 32500
      • Number Of Units Total 4
      • Occupancy Types Month To Month
      • Operating Expenses Actual 14000
      • Operating Expenses Projected 14000
      • Sewer Description Community,Public Sewer
      • Short Sale Y/N No
      • Stories 2
      • Subdivision Downtown Netarts
      • Supplement Number 1
      • Tax Amount 3851.78
      • Terms Contract
      • Third Party Approval Y/N No
      • Utilities Included Sewer,Water
      • View Type Bay,Ocean
      • View Y/N Yes
      • Water Description Public
      • Year Built 1947
      • Zoning 2
    • Building Features
      • Basement Crawl Space
      • Exterior Description Cement Siding
      • SqFt Approximate Building Total 3272
      • 1 1
      • 1 1
      • 1 Range,Refrigerator
      • 1 750
      • 1 700
      • 1 1
      • 2 1
      • 2 2
      • 2 Range,Refrigerator
      • 2 1250
      • 2 750
      • 2 1
      • 3 1
      • 3 2
      • 3 Range,Refrigerator
      • 3 875
      • 3 700
      • 3 1
      • 4 1
      • 4 2
      • 4 Range,Refrigerator
      • 4 700
      • 4 1
      • 4 950
      • UnitFeatures Range,Refrigerator
      • UnitTypeType 1,2,3,4
    • Room Features
      • Legal Description Part Plat 1997-03 Parcel 2 1S-10-32-CC-00800
      • Limited Representation Y/N Full Service
    • Property Features
      • Lot Description Level,Ocean Beach 1/4 Mile or Less
      • Lot Size 1 to 2.99 Acres
      • Property Category Multi-Family
      • Roof Type Composition
    • Schools
      • Elementary School East
      • High School Tillamook
      • Middle School Tillamook

    Contact

    Managing Principal

    Managing Principal

    Manager

    Bend Old Mill Office

    Assistant: 541-383-7600

    Neighborhood

    97143 (Netarts) Demographics

    No community information is available for this zip code.

    Market Last 30 Days In This Postal Code

    $360,000 Median Sales Price
    2 Homes Sold
    8 New On Market

    Average Days on Market

      Properties for Sale

        Property History

        Date Event Price Percent Change
        -- Current Price Source New Value: $429,000
        5/21/2020 10:52:08 AM Status Changed Source New Value: Pending
        3/30/2020 1:36:31 PM Status Changed Source New Value: Active
        3/15/2020 10:51:20 AM Status Changed Source New Value: Pending
        2/13/2020 10:22:09 AM Price Reduced Source New Value: $429,000 -8.53%
        12/7/2019 3:53:00 PM New in Database Source New Value: $469,000

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        The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Cascade Sotheby's International Realty are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2020 RMLS™, Portland, Oregon. This content last updated on 8/10/2020 3:09:27 PM. Some properties which appear for sale on this site may subsequently have sold or may no longer be available. All information provided is deemed reliable but is not guaranteed and should be independently verified. IDX and listing information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.