$570,000
MLS# LC-34881
Status: Closed
28 beds | 15 baths | 11696 sqft
1 / 3
Property Description
14 UNIT APARTMENT COMPLEX. TWO BLDGS- 8 PLEX AND 6 PLEX. ON SITE LAUNDRY, OWNERS OFFICE/STORAGE AREA WITH RESTROOM. OWNER PAYS WATER AND GARBAGE. DISHWASHERS,RANGE/OVENS AND REFRIGERATORS. MANY UNITS HAVE BEEN UPDATED WITH CARPET, COUNTER TOPS, PAINT AND SHOWERDOORS. OWNER SCREENS TENANTS PRIOR RENTING. LISTING AGENT IS OWNER. EACH UNIT IS APPROX 800 SQ FT.
Details
Status Change Information
Status Change Timestamp: 2004-01-31
Purchase Contract Date: 2003-11-05
Close Date: 2004-01-30
Close Price: 570000
Contingency: Accepting Backup Offers
Lot
Lot Size Dimensions: irregx
Lot Size Acres: 1
Lot Size Square Feet: 43560
Utilities
Electricity Available: 1
Natural Gas Available: 1
Remarks
Lincoln Public Historical Details: Sewer: City - Street, Water: City - Property, Financials Available: Yes, Net Oper. Expenses: 61972, Sq Ft Remarks: county assessor, Unit 7: Unit Number: 7,Beds: 2,Baths: 1,Furnished: Unfurnished, Unit 8: Unit Number: 8,Beds: 2,Baths: 1,Furnished: Unfurnished, Unit 9: Unit Number: 9,Beds: 2,Baths: 1,Furnished: Unfurnished, Unit 10: Unit Number: 10,Beds: 2,Baths: 1,Furnished: Unfurnished, Unit 11: Unit Number: 11,Beds: 2,Baths: 1,Furnished: Unfurnished, Unit 12: Unit Number: 12,Beds: 2,Baths: 1,Furnished: Unfurnished, Unit 13: Unit Number: 13,Beds: 2,Baths: 1,Furnished: Unfurnished, Unit 14: Unit Number: 14,Beds: 2,Baths: 1,Furnished: Unfurnished
Appliances
Dishwasher: 1
Refrigerator: 1
Water Heater: 1
Building and Property Details
Exterior Color: blue grey
Construction Materials
T1-11 Type: 1
Foundation Details
Combination: 1
Heating
Baseboard: 1
Levels
Two: 1
Listing Terms
Assumable: 1
Road Surface Type
Paved: 1
Roof
Composition: 1
Showing Considerations
Occupied: 1
Water Heater
Electric: 1
Window Features
Window Treatments: 1
Income and Expenses
Gross Income: 85680
Gross Scheduled Income: 82205
Operating Expense: 20233
Vacancy Allowance: 6855
Unit Five
Unit Number: 5
Beds Total: 2
Baths Total: 1
Furnished: Unfurnished
Unit Four
Unit Number: 4
Beds Total: 2
Baths Total: 1
Furnished: Unfurnished
Unit One
Unit Number: 1
Beds Total: 2
Baths Total: 1
Furnished: Unfurnished
Unit Six
Unit Number: 6
Beds Total: 2
Baths Total: 1
Furnished: Unfurnished
Unit Three
Unit Number: 3
Beds Total: 2
Baths Total: 1
Furnished: Unfurnished
Unit Two
Unit Number: 2
Beds Total: 2
Baths Total: 1
Furnished: Unfurnished
Additional Tax and Location Information
Subdivision Block: n/a
Subdivision Parcel/Lot: n/a
Tax District: 000
Showing Requirements
Appointment Only: 1
Call Listing Office: 1
Historical Details
Historical MLS Number: 03-2440
Listing Information
Listing Association Name: Lincoln County BOR
Property Sub Type: Multi Family
Address
County: Lincoln
State: OR
Postal Code: 97341
Directions: Hwy 101 to Depoe Bay, East on Collins, South on SE Ainslee, 1st apartments on right,no sign,DO NOT DISTURB TENANTS.
Cross Street: Collins
Contract
Current Price: $570,000
Status: Closed
Begin Date: 2003-08-05
Sold Price: $570,000
Listing Agreement: Exclusive Right To Sell
Listing Service: Full Service
Tax Legal
Tax Annual Amount: 5094
Tax Year: 2002
Zoning: R-4 Residential
Tax Lot: 200
Tax Map Number: 09110811
AssociationCommunity
Number of Units: 14
Interior
Bedrooms Total: 28
Bathrooms Total: 15
Living Area: 11696
Parking Information
Parking Total: 25
Building
Year Built: 1977
Property Features
Utilities: Electricity Available; Natural Gas Available; Electricity Available; Natural Gas Available
Appliances: Dishwasher; Refrigerator; Water Heater
Construction Materials: T1-11 Type
Foundation Details: Combination
Heating: Baseboard
Levels: Two
Listing Terms: Assumable
Road Surface Type: Paved
Roof: Composition
Water Heater: Electric
Window Features: Window Treatments
Showing Considerations: Occupied
Showing Requirements: Appointment Only; Call Listing Office
Listing Office: COLDWELL BANKER - CENTRAL COAST REALTY - Depoe Bay
Office Phone: 541-270-2714
Last Updated: December - 13 - 2025
Information deemed reliable but not guaranteed.