Multi-Family for Sale: 716 PIONEER RD, Brookings, OR 97415

5,696 sqft
$1,100,000
$1,100,000
716 PIONEER RD, Brookings, OR 97415
5,696 sqft
$1,100,000
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Price:
$1,100,000
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Type Multi-Family
Square Feet 5,696 sqft
Garage Spaces 7
Lot Size 0.62 acres
Year Built 1991
Taxes Paid $7,046
City Brookings
Area 270 - Curry Co: City, Airport, Marina Hts, NB Chetco
County Curry
School District Brookings-Harbr
MLS 24205581
Status Active
DOM 9 days
Opportunity is knocking! With six residential units, this multifamily complex is a unique and rare investment opportunity. Each unit features two bedrooms, 1.5 or 2 bathrooms, private backyard area, & a garage for additional storage . These units currently generate a stable income stream, with a gross monthly rental income of $5,175. There is also upside potential, presenting an opportunity for an investor to grow revenue as the final unit is leased & adjusting rents to market levels. In addition to the strong income, the property has already undergone substantial improvements, with over $130,000 invested over the past year & a half. With a stable income, recent improvements, & the potential for additional rent, this property represents a solid & rare investment opportunity. Furthermore, the growing demand for rental units in the area adds to the long-term potential, making it an attractive option for investors looking for both stability & growth.

Room Features

Basement Description None

Lot & Building Features

Cooling None
Heating Wall Furnace
Parking Description Garage
Sewer Public Sewer
Water Public Water

Community and Schools

Elementary School Kalmiopsis
Junior High School Azalea
Senior High School Brookings-Harbr

Unit Features

Unit Type 1 Area 949
Unit Type 1 Baths 2.000
Unit Type 1 Baths Total 2
Unit Type 1 Beds Total 2
Unit Type 1 Features Range, Washer/Dryer Hookup, Refrigerator
Unit Type 1 Units Total 1
Unit Type 2 Area 949
Unit Type 2 Baths 2.000
Unit Type 2 Baths Total 2
Unit Type 2 Beds Total 2
Unit Type 2 Features Range, Washer/Dryer Hookup, Refrigerator
Unit Type 2 Units Total 1
Unit Type 3 Area 949
Unit Type 3 Baths 2.000
Unit Type 3 Baths Total 2
Unit Type 3 Beds Total 2
Unit Type 3 Features Range, Washer/Dryer Hookup, Refrigerator
Unit Type 3 Units Total 1
Unit Type 4 Area 949
Unit Type 4 Baths 2.000
Unit Type 4 Baths Total 2
Unit Type 4 Beds Total 2
Unit Type 4 Features Range, Washer/Dryer Hookup, Refrigerator
Unit Type 4 Units Total 1
Unit Type 5 Area 950
Unit Type 5 Baths 1.100
Unit Type 5 Baths Total 2
Unit Type 5 Beds Total 2
Unit Type 5 Features Range, Washer/Dryer Hookup, Refrigerator
Unit Type 5 Units Total 1
Unit Type 6 Area 950
Unit Type 6 Baths 1.100
Unit Type 6 Baths Total 2
Unit Type 6 Beds Total 2
Unit Type 6 Features Range, Washer/Dryer Hookup, Refrigerator
Unit Type 6 Units Total 1

Price History of 716 PIONEER RD, Brookings, OR

Date Name Price Difference
12/13/2024 Listing Price $1,100,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

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Photo of Robert Blades
Direct: 509-493-1783
Office
65 NE Estes
White Salmon, WA 98672
509-493-1783
Listed by Land Leader, Chris Martin & Ashley Lacer
$
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0.64055181818182%
6.75%
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716 PIONEER RD (MLS #24205581) is a multi-family listing located in Brookings, OR. This multi-family listing is 5,696 sqft and on a lot of 27,007 sqft (or 0.62 acres) and is 33 years old. This property was listed on 12/13/2024 and has been priced for sale at $1,100,000.

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Listing information courtesy of: Land Leader

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 Pacific Rim Brokers are marked with the RMLS. logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2024 RMLS., Portland, Oregon.