RealtyNet LLC
503-660-4889

RealtyNET pick

$350,000

315 S 2ND ST, Coos Bay, OR 97420

Sold price: $360,000 on 2024-12-03

  • 0 days on market
Year built
1930
Type
Multi-family
Status
Sold

Whoa! This is like Yosemite's Half Dome; the upside to this investment opportunity is steep! The rents are about half of market rent but then again the building could use some help from the likes of Tim Allen of Home Improvement or Joanna Gaines for you Millennials. The location is super ideal, like Wall Street, only it's Coos Bay. Didn't think you could ever afford a 13-unit apartment building - now you can! 10-units currently occupied. All one-bedroom units, common laundry. No rent increases for 3+ years. Same owner for 35+ years and has been owner managed for 80+ years. Rents include: hot water (natural gas), washer/dryer, (not coin-op), and garbage.

Listing courtesy of Pacific Properties · 541-260-2651

Listing agent: Randy Hoffine

Source: RMLS

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Flat-fee buyer representation

Buy this home with a flat fee

Your fee on this home$2,500
Saved compared with 2.5% of the list price$6,250
  • A licensed broker represents only you
  • Your offer, negotiation and closing support are included
  • One flat fee, confirmed before you sign

Flat-fee buyer representation by RealtyNET is a remote service, handled by phone, email and video anywhere in Oregon.

How it works and the full fee schedule

You search for and choose the home yourself. A licensed RealtyNET broker represents only you: they prepare and submit your offer, negotiate the terms, and support you through closing. Representation begins only after you sign a written buyer representation agreement, which runs 90 days unless extended in writing. You'll get the Oregon Initial Agency Disclosure Pamphlet at first contact. The service starts with a non-refundable $995 engagement fee. The rest of the flat fee is due once the inspection contingency is completed, waived, removed or expires, even if the sale doesn't close. There's no extra fee if you end the agreement during the inspection period. There's no guarantee an offer will be accepted, and no rebate. The exact fee is confirmed before you sign.

Home priceFee
Up to $750,000$2,500
$750,001 to $999,999$3,500
$1,000,000 to $1,500,000$5,000
Above $1,500,000$5,000 plus $1,000 for each extra $250,000

Location

Basemap tiles are not part of the MLS feed.

Source: OpenStreetMap contributors

Price history

  1. CurrentList price$350,000
  2. 2024-12-03Sold price$360,000

Nearby sales

Monthly payment estimate

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Property tax is not on this listing.

Insurance estimate: $102 per month, from $3.50 per $1,000 of the list price.

Similar homes nearby

Schools

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Verify with the school district; boundaries change.

Nearby places

  • Kaffe 1010.2 mi
  • So it Goes0.2 mi
  • Dutch Bros. Coffee0.4 mi
  • McKay's Market0.3 mi
  • Natural Grocers0.4 mi
  • Safeway0.5 mi
  • Boardwalk Park0.2 mi
  • Pirates Park0.6 mi
  • Mingus Park0.7 mi
  • North Bend (Safeway/VA Clinic at Marion St)2.9 mi

© OpenStreetMap contributors