4835 PHELPS AVE, Netarts, OR 97143

4835 PHELPS AVE $469,000

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    4835 PHELPS AVE Netarts, OR 97143

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    • 0 Beds
    • 0 Baths
    • Multi-Family
    • Listing# 19647540
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    Views: 41 Days On Market: 47

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    Property Details

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

    • General Features
      • Area Tillamook County
      • Bank Owned Y/N No
      • Capitalization Rate 6.80
      • Country US
      • Fuel Description Electricity
      • Gross Income Actual 45900
      • Gross Income Projected 46500
      • Gross Rent Multiplier 10.22
      • 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 NTR2
    • Building Features
      • Basement Crawl Space
      • Exterior Description Cement Siding
      • SqFt Approximate Building Total 3272
      • Unit Type1 Baths Total 1
      • Unit Type1 Beds Total 1
      • Unit Type1 Features Range,Refrigerator
      • Unit Type1 Rent 750
      • Unit Type1 SqFt 700
      • Unit Type1 Units Total 1
      • Unit Type2 Baths Total 1
      • Unit Type2 Beds Total 2
      • Unit Type2 Features Range,Refrigerator
      • Unit Type2 Rent 1250
      • Unit Type2 SqFt 750
      • Unit Type2 Units Total 1
      • Unit Type3 Baths Total 1
      • Unit Type3 Beds Total 2
      • Unit Type3 Features Range,Refrigerator
      • Unit Type3 Rent 875
      • Unit Type3 SqFt 700
      • Unit Type3 Units Total 1
      • Unit Type4 Baths Total 1
      • Unit Type4 Beds Total 2
      • Unit Type4 Features Range,Refrigerator
      • Unit Type4 SqFt 700
      • Unit Type4 Units Total 1
      • Unit Type4Rent 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

    Camilla Arlit

    Broker

    Lincoln City Office

    Cell: 310-400-9164

    Neighborhood

    97143 (Netarts) Demographics

    No community information is available for this zip code.

    Market Last 30 Days

    $269,000 Median Sales Price
    1 Homes Sold
    1 New On Market

    Average Days on Market

      Properties for Sale

        Property History

        Date Event Price Percent Change
        -- Current Price Source New Value: $469,000
        1/13/2020 3:36:30 PM Status Changed Source New Value: Pending
        12/7/2019 3:53:00 PM New in Database Source

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