Florence, OR 97439,1567 1ST ST
Florence, OR 97439,1567 1ST ST
Florence, OR 97439,1567 1ST ST
Listed by Coldwell Banker Coast Real Est
Bought with Coldwell Banker Coast Real Est
$1,450,000
Est. payment /mo
$1,450,000
Est.Price: ?

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4,064 SqFt
SOLD DATE : 11/30/2023

Key Details

Sold Price $1,450,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 4,064 sqft

Price per Sqft $356

Subdivision Old Town

MLS Listing ID 23189164

Sold Date 11/30/23

Year Built 1979

Annual Tax Amount $4,860

Tax Year 2022

Property Description

Seller is willing to discuss favorable owner carry terms!In the heart of historic Old Town Florence District, seize a remarkable investment chance. These units offer breathtaking bay and Old Town vistas, mere steps from premier coastal dining. Immerse in year-round festivities of Old Town Florence at your doorstep. Prime prospect for generating short-term rental income! This property showcases a two-level edifice, accompanied by an auxiliary maintenance/storage building at the rear. The property comprises five residential apartment units. Four units house two bedrooms and one bathroom each, while the fifth unit boasts a spacious one-bedroom, one-bathroom layout complemented by a generous enclosed sunroom. Recent comprehensive renovations, undertaken over the past months, are nearing completion. Modern enhancements include a fusion of luxury vinyl plank and carpet flooring, ductless heat pumps, and exquisite kitchens furnished with quartz countertops and top-notch stainless-steel appliances. Additionally, each unit houses its own stackable laundry facility. Security is paramount, with all units equipped with a full commercial sprinkler system. Parking is plentiful, encompassing two covered spaces, 6-8 open spots, and abundant on-street options. This exceptional opportunity comes with an unparalleled location, positioning you at the epicenter of Old Town Florence's allure. Experience the epitome of coastal living while capitalizing on a promising investment venture.

Location

State OR

County Lane

Area _228

Zoning OTDB

Rooms

Basement None

Interior

Heating Mini Split

Cooling Heat Pump

Exterior

Garage Spaces 10.0

View Y/N true

View Bay, River

Roof Type Composition

Parking Type Carport, Open

Garage No

Building

Lot Description Level

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 CallListingAgent, Cash, Conventional, OwnerWillCarry

Listing Terms CallListingAgent, Cash, Conventional, OwnerWillCarry

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Cassandra Marks

+1(503) 884-2387

Realtor, Licensed in OR & WA | License ID: 201225764

Realtor, Licensed in OR & WA License ID: 201225764

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