22
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Listed by Windermere Real Estate Lane County
$1,500,000
Est. payment /mo
6,522 SqFt
New
1320 SPRUCE ST Florence, OR 97439
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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
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