912 Chetco AvenueBrookings, OR97415

$515,000
2 total units
2 total bedrooms
2 total bathrooms
$27,402 annual income
Capitilization Rate: 3.42
1914 sq. ft
0.88 acres
Elementary School: Kalmiopsis Elem
Middle School: Azalea Middle
High School: Brookings-Harbor High
Zoning: C3
1225 days on market

VestorFilter™

Price per unit$257.5K/unit
Price per ft²$269.07/ft²
Recent price drop$10,000
Price per acre$585.2K/ac
Price per bedroom$257.5K/bed
Time on market1225 days

Property Description

Excellent downtown Brookings location for easy access to shopping, restaurants and entertainment. The building on this site is currently being used as a residentialduplex with detached 2 car garage. City & Ocean views from this elevated location. Owner has designed an amazing master plan for 36 total units. Plan has been done in communications with the city and meets all known potential project requirements for a zoning change and full zoning compliance requirements.

Financial Data

Date Sold2021-06-30
Sold Price$495,500
Price ChangeDropped $10,000 on 07/01/2021
Total $10,000 drop
Original Price$525,000
Current Price$515,000
Property Taxes$2,427

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Home Facts

StatusClosed
Year Built1940
MLS ID220113742

Unit Details

Unit 1
Unit 2