1127 Abbey Street, Newport, OR

$995,000

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7

Beds

5

Baths

4,078

Square feet

0.11

Acres

About 1127 Abbey Street

Wonderful opportunity to own a home and three rentals in Newport with a remarkable hilltop location. This 7 bedroom, 5 Bath property is sited above Newports Hospital and the Newport Bayfront, with PANORAMIC VIEWS extending over the bay, bridge and ocean. There are 4 Occupied units with good tenants providing EXCELLENT INCOME and low expenses, and great rental history. This Property is WELL MAINTAINED with a NEW ROOF that is composition on the main house and membrane over the apartments in 2023. Very functional with 5 parking spaces, garbage area, laundry room. See photos for layout. Unit A 3/2, Unit B(Ground floor) 1/1 plus den. Unit C 2 bed/1 bath, Unit D Studio. No showings without an accepted offer. Buyer to assume all tenants at close of escrow. Call for more details.

Features of 1127 Abbey Street

MLS® # 24-258
Price $995,000
Bedrooms 7
Bathrooms 5.00
Square Footage 4,078
Acres 0.11
Year Built 1935
Type Multi-Dwelling
Style Tri-Plex
Status Active

Community Information

Address 1127 Abbey Street
Area Newport
Subdivision Bayley and Case's
City Newport
County Lincoln
State OR
Zip Code 97365

Amenities

Parking Spaces 5
Garages None
View Ocean
Is Waterfront No

Interior

Interior Features Dishwasher, Refrigerator
Heating Baseboard - Electric, Wall Furnace - Elect
Has Basement No

Additional Information

Date Listed February 15th, 2024
Zoning R3
Short Sale No
RE / Bank Owned No

Listing Details

AgentAudra Powell
OfficeAdvantage Real Estate

Listing Map

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