Active

1127 SW ABBEY ST

Newport OR, 97365

$889,000


Active

7 Beds

5 Baths

Multi-family

Built in 1935

Courtesy of Taylor & Taylor Realty Co.

A 7-bedroom, 5-bath, four-unit property that offers a hilltop location in Newport. The property is located near the hospital and Bayfront. Currently, 3 out of the 4 units are rented, providing rental income. The property has been well-maintained, including a new roof installed in 2023, featuring a composition roof on the main building and a membrane roof over the apartments. With 6 parking spaces, a dedicated garbage area, and a shared laundry room, it ensures both convenience and practicality for tenants. The units consist of a spacious 3-bedroom, 2-bath unit, a ground-floor 1-bedroom, 1-bath unit with a den, a 2-bedroom, 1-bath unit, and a studio. Additionally, the sale includes a contiguous 5,000 square foot lot, offering excellent potential for future development or expansion. Buyer to perform Due Diligence with the City of Newport.Showings will only be scheduled with an accepted offer. Buyer to assume all tenants at close of escrow.

24249787

MLS ID

September 14, 2024

Listed

January 14, 2025

Updated

Map

1127 SW ABBEY ST
Newport OR, 97365

Interior Features

Total Stories

3


Bedrooms

7


Total Bathrooms

5


Full Bathrooms

5


Fireplace

No


Cooling

No


Heating

Yes


Heating Description

Baseboard

Exterior/Building Features

Lot Size

0.22 Acres


Lot Features

Corner Lot


Roof

Composition


Sewer

Public Sewer

School Information

High School

Newport


Elementary School

Sam Case

Other Property Details

Area Name

_200


Taxes

$7,891


Tax Frequency

Annually


Days on Market

122


Garage

No


Parking

Driveway


Parking Total

6


View

Yes


View Description

Bay, Ocean


County

Lincoln


Water Source

Public Water


Pool

No


Zoning

R-3

Listing Courtesy of Taylor & Taylor Realty Co., Dennis Regen. 541-994-9111

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This content last updated on 1/14/2025, 2:44 PM UTC. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available

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