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Listed by Windermere Real Estate Lane County

$1,500,000

Est. payment - /mo

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6,522 SqFt

Active

1320 SPRUCE ST Florence, OR 97439

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Tommy Jedrzejczyk

tommy@tltre.com +1(503) 506-4646

UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 6,522 sqft

Price per Sqft $229

MLS Listing ID 607072026

HOA Y/N No

Year Built 1984

Annual Tax Amount $14,747

Tax Year 2025

Lot Size 0.590 Acres

Property Description

Opportunity awaits for investors seeking a reliable, income-producing property on the Central Oregon Coast. This offering features four fully rented duplexes, all situated in a convenient and central location with amenities nearby, making it an appealing choice for both tenants and owners.The property boasts a unique advantage as it backs up to the Munsel Creek bike path greenbelt. This setting provides a peaceful forest backdrop in the backyards of each duplex, enhancing the living experience for residents and adding value to the property. While all units are currently rented, there is additional opportunity for the new owner to increase rental income. Some rents have not yet been updated to reflect current market values, presenting potential for higher returns. Comprehensive financial information is available to qualified buyers upon request. For the privacy and comfort of current tenants, a 24-hour notice is required before any property viewing. Please respect the tenants and do not disturb them without prior arrangement.

Location

State OR

County Lane

Area _228

Zoning HR

Rooms

Basement None

Interior

Heating Forced Air90

Exterior

View City, Trees Woods

Roof Type Composition

Garage No

Building

Lot Description Green Belt, Level, Wooded

Story 2

Foundation Slab

Sewer Public Sewer

Water Public Water

Level or Stories 2

Schools

Elementary Schools Siuslaw

Middle Schools Siuslaw

High Schools Siuslaw

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Virtual Tour https://www.hommati.com/3DTour-AerialVideo/unbranded/1320-Spruce-St-Florence-Or-97439--HPI70431218

Regional Multiple Listing Service (RMLS)

NEARBY SCHOOL & BUSINESS

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