$1,500,000
MLS# LC-54997
Status: Closed
40 beds | 30 baths | 18300 sqft
1 / 20
Property Description
Wonderful investment opportunity. 20 unit Townhome complex on 2.12 acres. RMV: 2,528,590! Each unit has 2 bedrooms., 1 1/2 bath. Some units have lake views. By-Laws & Covenants, conditions and restrictions recorded 2/7/05. Adjacent add'l 4.97 lakefront acres TL: 3403/3500 also now available. See MLS#08-3641.
Details
Documents
Status Change Information
Status Change Timestamp: 2009-05-29
Purchase Contract Date: 2009-04-21
Close Date: 2009-05-28
Close Price: 1500000
Interior
Basement YN: No
Living Area Source: Assessor
Bedrooms Total: 40
Bathrooms Total: 30
Living Area: 18300
Lot
Lot Size Dimensions: 92,247 sq ft
View YN: Yes
Lot Size Acres: 2.12
Lot Size Square Feet: 92347.2
Utilities
Electricity Available: 1
Natural Gas Available: 1
Remarks
Lincoln Public Historical Details: Walls: Paint, Heating/Cooling: Electric, Sewer: City - Street, Water: City - Property, Unit 7: Unit Number: 12 & 15,Beds: 2,Baths: 1,Rent: 800,SQFT: 915,Furnished: Unfurnished,Parking: 2, Unit 8: Unit Number: 13,Beds: 2,Baths: 1,Rent: 700,SQFT: 915,Furnished: Unfurnished,Parking: 2, Unit 9: Unit Number: 16,17,20,Beds: 2,Baths: 1,Rent: 900,SQFT: 915,Furnished: Unfurnished,Parking: 1, Unit 10: Unit Number: 19,Beds: 2,Baths: 1,Rent: 825,SQFT: 915,Furnished: Unfurnished,Parking: 2, Unit 11: Unit Number: 2 & 18,Beds: 2,Baths: 1,SQFT: 915,Furnished: Unfurnished,Parking: 2, Unit 12: Unit Number: 3,Beds: 2,Baths: 1,Rent: 700,SQFT: 915,Furnished: Unfurnished,Parking: 2, Unit 13: Unit Number: 4,Beds: 2,Baths: 1,Rent: 750,SQFT: 915,Furnished: Unfurnished,Parking: 2, Unit 14: Unit Number: 5,Beds: 2,Baths: 1,Rent: 700,SQFT: 915,Furnished: Unfurnished,Parking: 2, Unit 15: Unit Number: 6,Beds: 2,Baths: 1,Rent: 800,SQFT: 915,Furnished: Unfurnished,Parking: 2
Appliances
Dishwasher: 1
Refrigerator: 1
Water Heater: 1
Building and Property Details
Exterior Color: Grey
Construction Materials
Cedar: 1
Flooring
Carpet: 1
Foundation Details
Combination: 1
Interior Features
Vaulted Ceiling(s): 1
Levels
Two: 1
Listing Terms
Cash: 1
Conventional: 1
Other Structures
None: 1
Road Surface Type
Paved: 1
Roof
Composition: 1
Showing Considerations
Occupied: 1
Water Body Type
Lake: 1
Water Heater
Gas: 1
Unit Five
Unit Number: 10
Beds Total: 2
Baths Total: 1
Living Area: 915
Furnished: Unfurnished
Parking Spaces: 2
Actual Rent: 800
Unit Four
Unit Number: 9
Beds Total: 2
Baths Total: 1
Living Area: 915
Furnished: Unfurnished
Parking Spaces: 2
Actual Rent: 700
Unit One
Unit Number: 1
Beds Total: 2
Baths Total: 1
Living Area: 915
Furnished: Unfurnished
Parking Spaces: 2
Actual Rent: 800
Unit Six
Unit Number: 11
Beds Total: 2
Baths Total: 1
Living Area: 915
Furnished: Unfurnished
Parking Spaces: 2
Actual Rent: 750
Unit Three
Unit Number: 8 & 14
Beds Total: 2
Baths Total: 1
Living Area: 915
Furnished: Unfurnished
Parking Spaces: 2
Actual Rent: 850
Unit Two
Unit Number: 7
Beds Total: 2
Baths Total: 1
Living Area: 915
Furnished: Unfurnished
Parking Spaces: 2
Actual Rent: 800
Additional Tax and Location Information
Highway 101: East Side
Property Tax ID #: R474527 (see docs)
Subdivision Block: 0
Subdivision Parcel/Lot: 1 thru 21
Tax District: 402
Showing Requirements
24 Hour Notice: 1
Appointment Only: 1
Historical Details
Historical MLS Number: 08-3589
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 Keel Ave. to property address
Cross Street: SE 3rd
Parcel Number: 071115AD-5600-00
Contract
Current Price: $1,500,000
Status: Closed
Begin Date: 2008-10-20
Sold Price: $1,500,000
Listing Agreement: Exclusive Right To Sell
Listing Service: Full Service
Tax Legal
Subdivision Name: Kelok Condo
Tax Annual Amount: 17503.08
Tax Year: 2009
Zoning: R-M Residential, Multifamily
Tax Lot: 600
Tax Map Number: 07-11-15AD
AssociationCommunity
Number of Units: 20
Parking Information
Garage Spaces: 1
Carport YN: 1
Parking Total: 52
Building
Year Built: 1972
Property Features
Utilities: Electricity Available; Natural Gas Available; Electricity Available; Natural Gas Available
Appliances: Dishwasher; Refrigerator; Water Heater
Construction Materials: Cedar
Flooring: Carpet
Foundation Details: Combination
Interior Features: Vaulted Ceiling(s)
Levels: Two
Listing Terms: Cash; Conventional
Other Structures: None
Road Surface Type: Paved
Roof: Composition
Water Body Type: Lake
Water Heater: Gas
Showing Considerations: Occupied
Showing Requirements: 24 Hour Notice; Appointment Only
Rent Roll 3-19-09 Listing Office: Taylor & Taylor Realty Company
Office Email: rebroker.geraldaldrich@gmail.com
Last Updated: December - 13 - 2025
Information deemed reliable but not guaranteed.