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234 S MILL $1,250,000

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234 S MILL Coos Bay, OR 97420

  • 0 Beds
  • 0 Baths
  • Multi-Family
Listing# 18378254 | Active
Days On Market: 353 11 Views
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Property Details

BAY FRONT OPPORTUNITY APPROX 0.66 ACRES WITH 8 UNIT APARTMENT BUILDING WITH UNOBSTRUCTED BAY VIEWS, WITH GREAT POTENTIAL FOR WATER FRONT DEVELOPMENT THIS IS A ONE OF A KIND OPPORTUNITY, LET ALONE THE APPROXIMATE $3600 +- PER MONTH INCOME FROM THE APARTMENTS, BUT ITS ALL THE LOCATION AND POTENTIAL HIGHEST AND BEST USE IN ONE OF THE LARGEST POPULATED AREAS OF THE OREGON COAST.

  • General Features
    • Area Coos County
    • Bank Owned Y/N No
    • Capitalization Rate 3.00
    • Country US
    • Fuel Description Electricity
    • Gross Income Actual 43440
    • Gross Income Projected 43440
    • Gross Rent Multiplier 28.78
    • Heating Description Zoned
    • Hot Water Description Electricity
    • Net Income Actual 37500
    • Net Income Projected 37500
    • Number Of Units Total 8
    • Operating Expenses Actual 5940
    • Operating Expenses Projected 5940
    • Sewer Description Public Sewer
    • Short Sale Y/N No
    • Stories 2
    • Supplement Number 0
    • Tax Amount 2944.82
    • Terms Cash,Contract
    • Third Party Approval Y/N No
    • Utilities Included Sewer,Water
    • View Type Bay
    • View Y/N Yes
    • Water Description Public
    • Waterfront Description On the Bay
    • WaterFrontYN Yes
    • Year Built 1940
    • Year Built Description Approximately
    • Zoning WI
  • Building Features
    • Exterior Description T-111 Siding,Cement Siding
    • SqFt Approximate Building Total 5376
    • Storage None
    • Unit Type1 Baths Total 1
    • Unit Type1 Beds Total 1
    • Unit Type1 Features Range,Refrigerator
    • Unit Type1 Rent 485
    • Unit Type1 Units Total 1
    • Unit Type2 Baths Total 1
    • Unit Type2 Beds Total 1
    • Unit Type2 Features Range,Refrigerator
    • Unit Type2 Rent 525
    • Unit Type2 Units Total 1
    • Unit Type3 Baths Total 1
    • Unit Type3 Beds Total 2
    • Unit Type3 Features Range,Refrigerator
    • Unit Type3 Rent 785
    • Unit Type3 Units Total 1
    • Unit Type4 Baths Total 1
    • Unit Type4 Beds Total 1
    • Unit Type4 Features Range,Refrigerator
    • Unit Type4 Units Total 1
    • Unit Type4Rent 550
    • Unit Type5 Baths Total 1
    • Unit Type5 BedsTotal 1
    • Unit Type5 Features Range,Refrigerator
    • Unit Type5 Rent 460
    • Unit Type5 Units Total 1
    • Unit Type6 Baths Total 1
    • Unit Type6 Beds Total 1
    • Unit Type6 Features Range,Refrigerator
    • Unit Type6 Rent 475
    • Unit Type6 Units Total 1
    • Unit Type7 Baths Total 1
    • Unit Type7 Beds Total 1
    • Unit Type7 Features Range,Refrigerator
    • Unit Type7 Rent 350
    • Unit Type7 Units Total 1
    • Unit Type8 Baths Total 1
    • Unit Type8 Beds Total 2
    • Unit Type8 Features Range,Refrigerator
    • Unit Type8 Rent 775
    • Unit Type8 Units Total 1
    • UnitFeatures Range,Refrigerator
    • UnitTypeType 1,2,3,4,5,6,7,8
  • Room Features
    • Basement Foundation Partial Basement
    • Legal Description 25S-13-19AA TL 1300 & TL 1400
    • Limited Representation Y/N Full Service
  • Property Features
    • Lot Size 20,000 SqFt to .99 Acres
    • Parking Description Open
    • Property Category Multi-Family
    • Roof Type Metal
  • Schools
    • Elementary School Coos Bay
    • High School Marshfield
    • Middle School Coos Bay

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Neighborhood

97420 (Coos Bay) Demographics

45Median Age
116Population Density (per sq. mile)
28%College Educated
$39,576 Estimated Median Income
6,638Estimated Total Home Owners
4,204Estimated Total Renters
61% / 39%Estimated Owner / Renter Divide
3Estimated Average Household Size
27,496Total Population
Community data courtesy of LiveBy, Inc.

Market Last 30 Days

$187,475 Median Sales Price
50 Homes Sold
55 New On Market

Average Days on Market

    Properties for Sale

      Property History

      Date Event Price Percent Change
      -- Current Price Source New Value: $1,250,000
      11/3/2018 3:07:00 PM New in Database Source

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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 Berkshire Hathaway HomeServices Real Estate Professionals are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2019 RMLS™, Portland, Oregon. This content last updated on 10/22/2019 10:38:37 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.