462 SW COAST AVE

DepoeBay, 97341

  • 4 Bed

  • 2 Bath

  • 1066 SqFt

  • 3 DOM

  • Built: 1940

  • Status: Active

$499,000

X

462 SW COAST AVE

DepoeBay 97341

$499000

  • 4 Bed

  • 2 Bath

  • 1066 SqFt

  • 3 DOM

  • Built: 1940

  • Status: Active

Mohanraj Rajendran

Real Estate Agent

(503) 336-1515

Excellent investment opportunity in the heart of Depoe Bay. Extensively renovated by current owners and excellent rental history. This is an ocean view duplex that comes with an expansive lot for all kinds of additional potential. Each side is 2 bed 1 bath with their own laundry. The southern unit has an additional sleeping loft and will be vacant come September leaving the options open for new owners to use immediately. Ideal location with direct access to the boat harbor and a few blocks to shops and restaurants of Depoe Bay. The neighborhood has its own whale lookout you can stroll to! Depoe Bay is the whale watching capital of the Oregon Coast but it's also strategically located in between two great towns of Lincoln City and Newport so your hardest decision will be what to do next.Off the highway and one row back from the ocean so the sound of the waves will lull you to sleep. The current tenant to North would love to stay and which will substantially reduce your monthly payments to own. The city previously approved the addition of a 3rd unit. Showing by appointment only. Please respect tenants' privacy.

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