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$1,020,000   Price Analysis
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1806 Winchester Ave
Winchester Bay, OR 97467
10 bed 10 bath unknown SqFt ($0/SqFt)
0.34 acre lot. Built 1951
Listed 2024-03-27		May be USDA loan restricted due to income limits
near Winchester Bay

The Winchester Ave Apartments is a single story

* Sale Pending *

Garden style complex located at 1806 Winchester Ave, Reedsport, OR. The property was constructed n 1951. Ten units are spread across two buildings, on a single tax parcel. The unit mix consists of eight (8) one-bedroom units, one (1) studio unit and one (1) two-bedroom unit. Units have been updated with carpet, paint and appliances as needed.

Property a menities include ample off-street parking, two carports, a laundry room and easy access to the highway. Residents enjoy quiet, private parking located behind the complex. Each unit is separately metered for electricity, which was updated in 2012. Other recent improvements include updated plumbing throughout the complex in 2021. Currently the property is self-managed.


Presented by Ian Crist at
Bridge Creek Realty.
Listing Agent Photo

Property MLS #24099044 from RMLS

Bedrooms: 10

Full Bathrooms: 10

Heating Features: Baseboard
Heating: Yes

Lot Size Acres: 0.34
Lot Size Square Feet: 14810

Gross Income: 113727
Rent Includes: Electricity, Sewer, TrashCollection, Water

Number of Units: 10
Unit Type: UnitTypeType1, UnitTypeType2, UnitTypeType3, UnitTypeType4, UnitTypeType5, UnitTypeType6, UnitTypeType7
Bedrooms in Unit-2: 2
Bedrooms in Unit-3: 1
Bedrooms in Unit-4: 1
Bedrooms in Unit-5: 1
Bedrooms in Unit-6: 1
Bedrooms in Unit-7: 1
Total Bathrooms in Unit-1: 1
Total Bathrooms in Unit-2: 1
Total Bathrooms in Unit-3: 1
Total Bathrooms in Unit-4: 1
Total Bathrooms in Unit-5: 1
Total Bathrooms in Unit-6: 1
Total Bathrooms in Unit-7: 1

Middle School: Reedsport

Reedsport Community Charter School is a public middle and high school located approximately 0.4 miles away.
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Highland Elementary School is a public elementary school located approximately 0.6 miles away.
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LotSizeRange: SqFt10000to14999
Annual Tax Amount: 3118.469999999
Source Listing Status: Pending
County: Douglas
Cap Rate: 8.01
Directions: 101 to Reedsport
Tax Year: 2023
Source Property Type: MultiFamily
Parcel Number: R70477
Zoning: C2
Source System Name: C2C

Listed 2024-03-27
$1,020,000
RMLS

Net Operating Income: 81745
Operating Expense: 31982

Year Built: 1951
Building Exterior Type: Brick
Property Age: 73
Property Condition: Existing

Sewer: PublicSewer
Water Source: PublicWater
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.