About 261 Ne 1st Street
Commercial/residential opportunity!!! Historical Craftsman in process of remodel-1920 house in town but nestled among mature landscaping. Zoned Commercial. Many possibilities!! Run your business, or short term rental (which is allowed in Toledo-but do your due diligence) or set up your residence. Roomy sq footage, open floor plan. Many updates: electrical, plumbing, flooring and appliances, tub, some fixtures! Walk to restaurants on main street. House near super market, library, and pool. Price was lowered by 100K. Being sold as is. Possibility of basement conversion to rental unit. According to ARV that was completed by a lender finished value of home is approx $485K
Features of 261 Ne 1st Street
| MLS® # | 23-1554 |
|---|---|
| Price | $369,900 |
| Bedrooms | 4 |
| Bathrooms | 2.50 |
| Square Footage | 2,425 |
| Acres | 0.22 |
| Year Built | 1920 |
| Type | Residential/SiteBlt |
| Style | Traditional |
| Status | Closed |
| Sold Price | $387,900 |
| Sold Date | August 12th, 2024 |
Community Information
| Address | 261 Ne 1st Street |
|---|---|
| Area | Toledo |
| Subdivision | Toledo 4th Addition |
| City | Toledo |
| County | Lincoln |
| State | OR |
| Zip Code | 97391 |
Amenities
| # of Garages | 1 |
|---|---|
| Garages | Detached |
| View | None |
| Is Waterfront | No |
| Waterfront | None |
Interior
| Interior Features | Dishwasher |
|---|---|
| Has Basement | Yes |
Additional Information
| Date Listed | August 5th, 2023 |
|---|---|
| Zoning | C - Commercial |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Theresa Neimann |
|---|---|
| Office | Emerald Coast Realty - Toledo |