$845,000
MLS# LC-53859
Status: Closed
20 beds | 10 baths | 11520 sqft
1 / 6
Property Description
Income Producer! Great SW Lincoln City location. This 10 Unit townhome style apartment features two 5 unit buildings. One building includes fireplaces. Rents range $650 to $725. Situated on approx. .50 of an acre. See supplement for additional information.
Details
Documents
Status Change Information
Status Change Timestamp: 2008-09-03
Purchase Contract Date: 2008-07-13
Close Date: 2008-08-29
Close Price: 845000
Contingency: Accepting Backup Offers
Interior
Basement YN: No
Living Area Source: Assessor
Bedrooms Total: 20
Bathrooms Total: 10
Living Area: 11520
Lot
Lot Size Dimensions: 21780 sq ft
Lot Size Acres: 0.5
Lot Size Square Feet: 21780
Utilities
Electricity Available: 1
Natural Gas Available: 1
Remarks
Lincoln Public Historical Details: Walls: Paint, Alternate Heat: Gas Fireplace, Heating/Cooling: Gas, Sewer: City - Street, Water: City - Property, Possession: Negotiable, Sq Ft Remarks: 10 units, 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
Appliances
Dishwasher: 1
Refrigerator: 1
Water Heater: 1
Architectural Style
Contemporary: 1
Building and Property Details
Exterior Color: Blue/Grey
Construction Materials
Lap Siding: 1
Fireplace Features
Gas: 1
Flooring
Carpet: 1
Foundation Details
Combination: 1
Levels
Two: 1
Listing Terms
Cash: 1
Conventional: 1
Other Structures
None: 1
Road Surface Type
Paved: 1
Roof
Composition: 1
Water Heater
Electric: 1
Window Features
Window Treatments: 1
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
Highway 101: East Side
Property Tax ID #: R446048
Subdivision Block: 2
Subdivision Parcel/Lot: 6-8, 11-13 & ptn
Tax District: 402
Showing Requirements
24 Hour Notice: 1
Appointment Only: 1
Call Listing Office: 1
Historical Details
Historical MLS Number: 08-2451
Listing Information
Listing Association Name: Lincoln County BOR
Property Sub Type: Multi Family
Address
County: Lincoln
State: OR
Postal Code: 97367
Directions: Hwy 101 to SE 3rd St to SE 2nd Pl. to address.
Parcel Number: 071115AD-2100-00
Contract
Current Price: $845,000
Status: Closed
Begin Date: 2008-06-23
Sold Price: $845,000
Listing Agreement: Exclusive Right To Sell
Listing Service: Full Service
Tax Legal
Subdivision Name: South Delake Townsite
Tax Annual Amount: 6981.92
Tax Year: 2008
Zoning: R-M Residential, Multifamily
Tax Lot: 2100
Tax Map Number: 07-11-15AD
AssociationCommunity
Number of Units: 10
Parking Information
Parking Total: 20
Building
Year Built: 1973
Income and Expenses
Gross Scheduled Income: 81
Property Features
Utilities: Electricity Available; Natural Gas Available; Electricity Available; Natural Gas Available
Appliances: Dishwasher; Refrigerator; Water Heater
Architectural Style: Contemporary
Construction Materials: Lap Siding
Fireplace Features: Gas
Flooring: Carpet
Foundation Details: Combination
Levels: Two
Listing Terms: Cash; Conventional
Other Structures: None
Road Surface Type: Paved
Roof: Composition
Water Heater: Electric
Window Features: Window Treatments
Showing Requirements: 24 Hour Notice; Appointment Only; Call Listing Office
Supplements
Note: Seller converting Units 1 & 3 to elec. wall heat. This will reduce gas pd by landlord expense. Tenants pay elect., cable, gas. Units 6-10 for fireplaces. Landlord pays water, sewer, garbage, outside electricity.
Sellers Disclosures Listing Office: Taylor & Taylor Realty Company
Office Email: rebroker.geraldaldrich@gmail.com
Last Updated: December - 13 - 2025
Information deemed reliable but not guaranteed.