1340 NW 15th St - Residential Income FOR SALE


Lincoln City, OR 97367
$698,000 USD
541-994-7760
1340 NW 15th St, Lincoln City, OR for Sale
$698,000 USD
Residential Income - FOR SALE
1/40
null | Request Cap Rate

1340 NW 15th St
Lincoln City, OR 97367


OVERVIEW

This stunning property is currently a profitable Airbnb and offers a unique opportunity to own a piece of coastal charm in the highly desirable ''OceanLake Plan District/Interior Mixed Use'' zone. Just moments from the beach with drive-on access, this beautifully maintained 3-bedroom, 2-bath home is the perfect coastal retreat or investment property. In addition to the main home, there are two bonus cabins, each with its own bathroom. The home itself features modern updates, including a spacious kitchen with wood floors, vaulted ceilings, and large bedrooms and bathrooms, offering a comfortable and stylish space for both relaxation and entertainment. The covered porch adds a welcoming touch to the overall coastal living vibe. Located in a vibrant, pedestrian-friendly district, this property offers endless possibilities whether you want to create a vacation rental, a family getaway, or simply enjoy coastal living. The time is now to take advantage of this rare opportunity! Buyer to verify all uses of the property.

FOR SALE DETAILS

PRICE

$698,000 USD

PRICE/SF

$384 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Residential Income

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

-

YEAR BUILT

1926

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.23 AC

LAND SF

10,019 SF

ZONING

SFR

APN/PARCEL ID

R360703

ASK ABOUT THIS PROPERTY

Hannah KatzColdwell Banker Professional Group-Lincoln CityMore Info
541-994-7760

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Hannah KatzColdwell Banker Professional Group-Lincoln CityMore Info
541-994-7760

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.