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1111 SW 13TH St, LincolnCity, OR 97367

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For Sale

Price On Request

3 beds • 1 baths • 1,248 sqft

  • Single Family Detached
    Property type

  • Newly Listed
    Time on Century 21

  • Over 50 Years Old
    Age

Explore this Property

Charming Updated Home With Income Potential Moments From the Beach! Discover a versatile opportunity at 1111 SW 13th Street in Lincoln City just moments from the beach, outlet mall, restaurants, and local shops. This tenant-occupied property features a 3-bedroom, 1-bath main home plus a separate 1-bedroom, 1-bath, two-story area, offering excellent flexibility for use as a primary residence or as a long-term rental investment. The property has seen numerous updates, and the main home (approx. 1,248 sq. ft. per county records). The separate area provides valuable bonus space, and is also tenant-occupied. Property has ample parking and each area has it's own backyard space, adding privacy and convenience for occupants. Total current rent for all spaces is approximately $3,750 per month. Buyers are advised to perform their own due diligence regarding property details, usage, and local requirements. Both tenants would prefer to stay on if purchased as an investment property, making this a convenient turnkey option for investors. Please note: Both home and additional studio area are separately tenant occupied. Whether you're looking to make this your home by the coast or expand your rental portfolio, this Lincoln City property offers exceptional potential just moments from the ocean.
MLS# 227483136

Courtesy Of Coldwell Banker Professional Group

(503) 538-0468

Property Features

  • Age
    Over 50 Years Old
  • Amenities
    Deck
  • Architecture Style
    Other
  • Heating System
    Forced Air
  • Lot Size
    0.16 Acres

Map and Directions

Directions to 1111 SW 13TH St, LincolnCity, OR 97367

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† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.