138 E Jefferson, Cannon Beach, OR 97110

$540,000
1,044
SqFt

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List Price
$540,000
Days on Market
23
MLS#
791259224
Property Type
Multifamily
Sqft. of Residence
1,044
Lot Size
5, 000 to 6, 999 SqFt
Region
Clatsop Co: Cannon Beach/Tolovana Park
Status
ACTIVE

Property Description

Two tax lots, R2 zoning and an existing income-producing duplex in a prime Cannon Beach location. Situated in the highly desirable Presidential Streets, this property offers a compelling opportunity for investors, builders or buyers looking to explore future redevelopment. Continue to operate the existing duplex while considering a new residential project or other possibilities allowed under R2 zoning, including potential ADU options. Just blocks from the beach and downtown, this is a true walk-everywhere location with easy access to restaurants, shops, galleries and everything that makes Cannon Beach one of Oregon's most sought-after coastal destinations. The property is priced with its current condition in mind and is being offered AS-IS. Both units are currently tenant occupied. Please do not disturb tenants or enter the property without an appointment. A minimum of 48 hours' notice is required for showings. Buyer to perform due diligence with the City of Cannon Beach regarding zoning, lot configuration, ADU eligibility, redevelopment potential and permitted uses.

Additional Information

Tax Amount
$1,477
Year Built
1965
High School
Seaside
Elementary School
Cannon Bch Acad
Middle School
Seaside
Acres
0.12
Living Area
1,044
Stories
1
Subdivision
Presidential Streets
Terms
Cash, Conventional
Fuel Description
Electricity
Heating Description
Baseboard
Hoa Rent Includes
Sewer, Trash Collection, Water
Hot Water Description
Electricity
Exterior Description
Wood Siding
Roof Type
Composition
Sewer Description
Public Sewer
Parking
Off Street
Parking Description
Off Street
Road Surface
Gravel
Number Of Units Total
2
Unit Type One Baths Total
1
Unit Type One Beds Total
1
Unit Type One Rent
1830
Unit Type One Sq Ft
522
Unit Type One Units Total
2

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Calculator source: Real Geeks

Listing courtesy of Realty One Group Prestige.

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