1709 Abbey CtWaldport, OR 97394

For Sale
$539,000
Ocean-view duplex, 2404 sq ft, excellent rental potential.

Overview

Added:
Dec 11, 2024
Days on market:
125
This exceptional investment opportunity presents a charming two-building, multifamily property situated on a spacious 0.39-acre lot in Waldport, Oregon. The property, built in 1995, boasts a total of 2,404 square feet and features a desirable R-1-A residential zoning. The property is currently configured as a single-unit duplex, offering significant potential for rental income. The asking price is $539,000, representing a compelling price per square foot of $224.21 and a 4.00% cap rate. The property's location offers captivating ocean views, adding to its desirability. The two-story buildings provide ample living space, and the large lot presents possibilities for future expansion or improvements. This property is an ideal investment for those seeking a coastal Oregon property with strong rental potential and the possibility of multi-generational living. The property is fully furnished, making it ready for immediate occupancy. The address is 1709 NW Abbey Ct, Waldport, OR 97394. From Highway 101, turn west onto NW Bayshore Drive before the Waldport bridge (coming from Newport). Turn right onto NW Abbey Ct, and the property is on the left. Please do not disturb the occupants.

Highlights

  • $539,000 asking price for a multifamily property.
  • Class B, 2,404 square feet, 4% cap rate.
  • Located in Waldport, Oregon, on a 0.39-acre lot.
  • Two buildings, two stories, with R-1-A residential zoning.
  • Built in 1995, featuring three bedrooms and three bathrooms.

Property Details for 1709 Abbey Ct

Property type
Residential income homes
Square Feet
2,404 SF
Class
B
Year Built
1995
Buildings
2
Stories
2
Lot Size (sq. ft)
16,988 SF
Units
1

Location Insight

City
Waldport
County
Lincoln
State
Oregon
Latitude
44.437493
Longitude
-124.079521
1709 Abbey Ct, Waldport, Oregon

FAQs

What type of property is this?
Residential income home - Ocean-view duplex, 2404 sq ft, excellent rental potential.
Where is the residential income home located?
The property is located at 1709 Abbey Ct Waldport, OR.
What is the asking price?
The asking price for this property is $539,000.
What are key features of this property?
This property features: $539,000 asking price for a multifamily property.; Class B, 2,404 square feet, 4% cap rate.; Located in Waldport, Oregon, on a 0.39-acre lot.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
1709 Abbey Ct
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message