29 AVENUE G

$830,000

29 AVENUE G

6,004 Sq.Ft.

Description

Opportunity knocks at this unique beach-adjacent Seaside multifamily property. Located just one lot from Seaside's famous South Promenade beachfront walkway, the property consists of four 432 SF 1-bedroom cottages and one 4,276 SF Single-room Occupant (SRO) building with views of the ocean. The SRO building is currently comprised of 14 SRO rooms that share two bathrooms and community kitchen facilities. This building also contains one additional 1-bedroom unit with its own bathroom, kitchen, and private patio. The opportunity exists to convert this building to 3-5 traditional multifamily units if desired by new ownership. Current lease contracts for the cottages are month-to-month, while leases for the SRO units are on a week-to-week tenancy. The property is zoned R-3: Residential High Density. Listing price reflects allowance for deferred maintenance.

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Location

29 AVENUE G, Seaside, OR 97138

Status

Sold

Property Amenities

Area & Lot

Lot Area 4,791 Sq.Ft.

Living area 6,004 Sq.Ft.

MLS® ID 24524249

Year Built 1922

High School Seaside

Middle School Seaside

Elementary School Pacific Ridge

View Description Ocean

Type Multi-Family

Status Sold

Exterior

Stories 3

Heat type Baseboard

Water Source Public Water

Sewer Public Sewer

Parking Carport

Lot Features Corner Lot, Ocean Beach One Quarter Mile Or Less

Roof Composition

Finance

Sales Price $830,000

Real Estate Tax $5,471 yearly

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$830,000

29 AVENUE G

Description

Share Property

Location

Status

Property Amenities

Area & Lot

Exterior

Finance

Featured Properties

$5,795,000

$1,700,000

$1,550,000

$1,495,000

$1,295,000

$1,150,000

$1,150,000

$1,089,900

$999,900

Work With Caitlin

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