Super rare Old Town investment opportunity! This fully renovated triplex is located just steps from famous Bay Street and only one block from historic Old Town Florence near the Siuslaw River. Generating a strong monthly gross rent of $3,150, this turnkey property consists of three updated units: Unit 1 (Studio) renting at $1,150/mo, Unit 2 (1 Bed / 1.5 Bath) renting at $1,300/mo, and Unit 3 (Studio) renting at $700/mo. Additional highlights include bright modern interiors, quality finishes, and a great-sized backyard complete with a garden area and outdoor space. An incredible income-producing property in an unbeatable location! Please reach out for a private showing today!
| MLS # | 615428375 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1930 |
| Days On Site | 30 |
| Listing Provided By | Triple Oaks Realty LLC | Melissa Stiltner |
| SQ Feet | 1,296 |
|---|---|
| Basement | Y |
| Story(s) | 2 |
| Units | 3 |
| Zoning | OTDA |
| Acreage | 0.07 |
| Property View | River |
| Heating | Wall Heater |
|---|---|
| Heating Yn | No |
| Cooling | None |
| Cooling Yn | No |
| Roof | Composition |
|---|---|
| Foundation Details | Concrete Perimeter |
| Lot Features | Level |
| Attached Garage Yn | No |
|---|---|
| Parking Features | On Street |
| Property | 3133 |
|---|
| State | OR |
|---|---|
| County | Lane |
| City | Florence |
| Zip Code | 97439 |
| Community Name | Old Town |
| School District | Siuslaw |
| Elementary School | Siuslaw |
| High School | Siuslaw |
| Listing VS Median (in Old Town) | |
Price: $495,000 low | high Med: $495,000 sqft: 1,296 low | high Med: 1,296 $ / sqft: $382 low | high Med: $382 On site: 30 low | high Med: 30 | |
| State | OR |
|---|---|
| County | Lane |
| City | Florence |
| Zip Code | 97439 |
| Community Name | Old Town |
| School District | Siuslaw |
| Elementary School | Siuslaw |
| High School | Siuslaw |
| Listing VS Median (in Old Town) | |
Price: $495,000 low | high Med: $495,000 sqft: 1,296 low | high Med: 1,296 $ / sqft: $382 low | high Med: $382 On site: 30 low | high Med: 30 | |