Bought with Coastal Sotheby's International Realty
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Key Details
Sold Price $325,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 470500667
Sold Date 09/16/26
HOA Y/N No
Year Built 1995
Annual Tax Amount $3,791
Tax Year 2025
Property Description
Exceptional investment opportunity with a path to a legal ADU. Originally permitted as a 3 bed/2 bath residence with expansive attached garage and storage space, the property was later modified to include an additional 4 bed/3 bath unit above a reconfigured garage—creating a unique and flexible layout ideal for income potential. It has been discovered that the upper unit conversion was completed without permits; the property is recognized by the City of Coos Bay as a 3/2 residence with a garage structure featuring substantial ceiling height. Documentation outlining city requirements to pursue occupancy approval for the upper unit is available upon request. Offered as-is due to seller circumstances, this is a cash-only sale. With the right vision and due diligence, this property presents a compelling value-add opportunity for investors seeking to legalize, reconfigure, or maximize income potential. Buyer to verify all information and complete due diligence with the City, State, or applicable agencies. Many recent upgrades!
Location
State OR
County Coos
Area _260
Zoning R-2
Rooms
Basement Crawl Space
Interior
Heating Zoned
Cooling None
Exterior
Garage Spaces 3.0
View Bay, City
Roof Type Composition
Garage No
Building
Lot Description Gentle Sloping, Level
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public Water
Schools
Elementary Schools Madison
Middle Schools Sunset
High Schools Marshfield
Others
Acceptable Financing Cash
Listing Terms Cash
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