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A unique opportunity to own a profitable duplex nestled on nearly an acre of oceanfront property plus an additional lot! This vintage gem is tucked away on a semi-private dead-end street off HWY 101 with a charming bridge on the property that leads over a stream through lush greens to an incredibly private part of Rockaway Beach! The lot next door is included in the sale. Two separate tax lots, both zoned CR2 $1,950,000 for the sale of both: one duplex TAX ID 60070 on 0.81 acres and one neighboring vacant lot TAX ID 59901 on an additional 0.79 acres. DUPLEX: One time transferrable STR. 2024 STATS: rental revenue = $124,402 / 173 nights booked / 47% occupancy rate / $600 average daily rate / $2,568 average revenue per stay. Opportunity AWAITS!

PROPERTY FEATURES

Sewer : PublicSewer Water Source : PublicWater
Parking Features : Driveway 2 Garage Or Parking Spaces(s)
Exterior Description:T111Siding Lot Features: FloodZone,Stream Roof : Composition Waterfront Features:OceanFront
Property Condition : UpdatedRemodeled Area : CR2 Listing Service : FullService
Heating : ForcedAir Hot Water Description : Electricity
Basement : None

PROPERTY DETAILS

Street Address: 18320 N HIGHWAY 101
City: Rockaway Beach
State: Oregon
Postal Code: 97136
County: Tillamook
MLS Number: 347369482
Year Built: 1978
Courtesy of Harnish Company Realtors

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