56076/ 56078 FINLEY LOOP

Coquille, 97423

  • 9 Bed

  • 4 Bath

  • 5057 SqFt

  • 138 DOM

  • Built: 1932

  • Status: Active

$599,000

Price cut: $3K (06-25-2025)

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56076/ 56078 FINLEY LOOP

Coquille 97423

$599000

Price cut: $3K (06-25-2025)

  • 9 Bed

  • 4 Bath

  • 5057 SqFt

  • 138 DOM

  • Built: 1932

  • Status: Active

Mohanraj Rajendran

Real Estate Agent

(503) 336-1515

Great opportunity to own this multi-family, income producing property. Conveniently located off HWY 42 between Coquille and Myrtle Point. Situated on 2.44 acres and boasting of sweeping valley views. Fully functioning rental property, with 2 Duplex's, 4 units total, (2 units per building).Plenty of space for storage and parking with detached shop, carport, and a small garage. Updates to the water system, new roof on 56076. Three of the units have been updated with new vinyl windows, paint, doors, lighting, flooring, and plumbing fixtures. Don't miss out, call today! ROI is based on 660k purchase with 25% down (average conversion rate) with a 7% loan, given current rent and expenses = 17% cap rate is 10%.

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