OR > Brookings
Brookings, OR 97415,716 PIONEER RD
Brookings, OR 97415,716 PIONEER RD
Brookings, OR 97415,716 PIONEER RD
48
See all 48 photos
$899,500
Est. payment /mo
Save
5,696 SqFt
Price Dropped by $50K

716 PIONEER RD Brookings, OR 97415

Save
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Mon
1
Dec
Tue
2
Dec
Wed
3
Dec
Donna Jo Merrifield

Donna Jo Merrifield

+1(541) 981-1436

UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 5,696 sqft

Price per Sqft $157

MLS Listing ID 302348034

HOA Y/N No

Year Built 1991

Annual Tax Amount $7,046

Tax Year 2024

Lot Size 0.620 Acres

Property Description

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.

Location

State OR

County Curry

Area _270

Zoning R-2

Rooms

Basement None

Interior

Heating Wall Furnace

Cooling None

Exterior

Garage Spaces 7.0

View Territorial

Roof Type Composition

Garage No

Building

Lot Description Level

Story 2

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public Water

Level or Stories 2

Schools

Elementary Schools Kalmiopsis

Middle Schools Azalea

High Schools Brookings-Harbr

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Regional Multiple Listing Service (RMLS)

GET MORE INFORMATION

Donna Jo Merrifield

Donna Jo Merrifield

Principal Broker, South/Central OR Area Leader, Dream & Key Group Team Leader | License ID: 971200102

+1(541) 981-1436

Name
Phone*
Message

By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from or on behalf of Donna Jo Merrifield, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.

Go tour this home

716 PIONEER RD