Netarts, OR 97143,1240 Fifth Street LOOP
Netarts, OR 97143,1240 Fifth Street LOOP
Netarts, OR 97143,1240 Fifth Street LOOP
Netarts, OR 97143,1240 Fifth Street LOOP
Netarts, OR 97143,1240 Fifth Street LOOP
Netarts, OR 97143,1240 Fifth Street LOOP
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$480,000

$480,000

Est.Price: ?

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Est. payment /mo

10 Beds

8 Baths

3,550 SqFt


SOLD DATE : 05/21/2025

Key Details

Sold Price $480,000

Property Type Multi-Family

Sub Type 2+Houses

Listing Status Sold

Purchase Type For Sale

Square Footage 3,550 sqft

Price per Sqft $135

MLS Listing ID 25-21

Sold Date 05/21/25

Style Cottage

Bedrooms 10

Year Built 1930

Annual Tax Amount $5,576

Lot Size 0.420 Acres

Acres 0.42

Property Sub-Type 2+Houses

Property Description

CENTRAL NETARTS OPPORTUNITY: creekfront .42 acres zoned commercial & enjoying view of the ocean from South end. Mostly flat except the creek bank. Multiple lots included. 8 cottages in varying states of disrepair. Tear down & build new or fix them up to rent. Just 100 yds from the beach. Priced for quick sale. Only 1 unit currently occupied and 1 unit in process of eviction. Most are not in condition to occupy but probably 4 could be made rentable with minor work. Also this property consists of 5 ''lots of record'' so it is possible to divide it up and sell individual parcels.

Location

State OR

County Tillamook

Area Netarts

Zoning NT-C1

Interior

Heating Baseboard, Electric

Flooring Carpet, Vinyl

Exterior

Utilities Available Cable Available, Electricity Available, Phone Available, Water Heater-Elec, Sewer Connected

Roof Type Composition

Accessibility Entry Level Bedroom

Garage No

Building

Lot Description Other, Level

Foundation Slab, Post & Beam, None

Water Public

Architectural Style Cottage

Structure Type Frame

New Construction false

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

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Listed by Berkshire Hathaway NW RE
MORE Realty

+1(877) 344-6673

info@morerealty.com

9792 SW Nimbus Ave, Beaverton, OR, 97008

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