1709 Abbey CtWaldport, OR 97394

Property Details for 1709 Abbey Ct

Year built

1995

Lot size

0.39 AC

Property size (Sq ft)

2,404 SF

Property type

Residential income homes

Description

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.

Location Insight

City

Waldport

County

Lincoln

State

Oregon

Latitude

44.4375

Longitude

-124.08

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