4835 PHELPS AVE Netarts, OR97143

$413,000
4 total units
7 total bedrooms
4 total bathrooms
$45,900 annual income
Capitilization Rate: 7.44
3272 total sq. ft
1 to 2.99 Acres
Elementary School: East
Middle School: Tillamook
High School: Tillamook
Zoning: NTR2
1603 days on market

VestorFilter™

Price per unit$103.3K/unit
Price per ft²$126.22/ft²
Recent price drop$56,000
Price per acre$413K/ac
Price per bedroom$59K/bed
Time on market1603 days

Property Description

RARE OPPORTUNITY - own 1 of the only 4plexes in Netarts! Well located yards from stores, delis, espresso, bus stop, post ofc, community center, beach access, and some Bay/Ocean view. Much recent remodeling includes vinyl windows & Hardiplank siding. Very easy to rent! The road is part of the acreage... provides additional income potential. Owner financing available. DO NOT LOOK IN WINDOWS WITHOUT APPOINTMENT... ALL UNITS ARE OCCUPIED!

{{ compliance-logo }}Listing Provided By Berkshire Hathaway HomeServices NW Real Estate

Financial Data

Date Sold2020-07-13
Sold Price$413,000
Price ChangeDropped $56,000 on 08/15/2020
Total $56,000 drop
Original Price$469,000
Current Price$413,000
Property Taxes$3,852

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Home Facts

StatusSold
Year Built1947
Stories2
Green/Energy SupplementNo
Exterior Features
MLS ID19647540

Unit Details

Unit 1
Unit 2
Unit 3
Unit 4