About 246 Ne 3rd Street
Investment opportunity at the Oregon Coast awaits. This 4 plex offers two 1 bed 1 bath units and two 2 bedroom 1 bath units, all fully leased with long term tenants in place. Annual gross rental income is 66,360. This prime location is Just minutes to shopping, award winning restaurants, art district, and the historic Newport Bayfront. Please do not disturb the tenants. Shown by appointment only. One of the sellers is a licensed real estate agent in the State of California.
Features of 246 Ne 3rd Street
| MLS® # | 25-1186 |
|---|---|
| Price | $849,000 |
| Bedrooms | 6 |
| Bathrooms | 4.00 |
| Square Footage | 2,984 |
| Acres | 0.11 |
| Year Built | 1978 |
| Type | Multi-Dwelling |
| Sub-Type | Multi-Dwelling |
| Style | Two Story |
| Status | Active |
Community Information
| Address | 246 Ne 3rd Street |
|---|---|
| Area | Newport |
| Subdivision | Fredericksburg |
| City | Newport |
| County | Lincoln |
| State | OR |
| Zip Code | 97365 |
Amenities
| View | None |
|---|
Interior
| Interior Features | Flat |
|---|---|
| Heating | Baseboard, Electric |
| Stories | Two |
Exterior
| Roof | Composition |
|---|---|
| Construction | T1-11 |
| Foundation | Concrete Perimeter |
Additional Information
| Date Listed | May 25th, 2025 |
|---|---|
| Zoning | R-3 Residential |
Listing Details
| Agent | Dennis M Regen |
|---|---|
| Office | Taylor & Taylor Realty Company |