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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