1039-1041 Northeast Grant Street

Newport, OR 97365

$744,000
Price
Beds
2,720 Sq. Ft.
$274 / Sq. Ft.
2,720
Sq. Ft.
$274
per Sq. Ft.

Description

MULTIPLE OPPORTUNITIES in this house remodeled into a duplex. Rent both duplex units for a great income stream. Live on main level and rent out daylight basement full time OR short term w/city permit. Work at home, spacious office set up. Main level - 4 bd, 1.5 bath, 1710 sq ft, all new paint, flooring, kitchen, appliances, bathrooms, decks, all appliances included, incl. W/d. Daylight Basement - 3 bd, 1 bath, 990 sq ft, all new paiMULTIPLE OPPORTUNITIES in this house remodeled into a duplex. Rent both duplex units for a great income stream. Live on main level and rent out daylight basement full time OR short term w/city permit. Work at home, spacious office set up. Main level - 4 bd, 1.5 bath, 1710 sq ft, all new paint, flooring, kitchen, appliances, bathrooms, decks, all appliances included, incl. W/d. Daylight Basement - 3 bd, 1 bath, 990 sq ft, all new pai
  1. Listed by Suzie Miller • John L. Scott Salem

Property Details for 1039-1041 Northeast Grant Street

Parking Features
Open
Zoning
R2
View
Territorial
LISTING UPDATED: 11/08/2024 08:40 AM

Property Details for 1039-1041 Northeast Grant Street

StatusActive
MLS #24354949
Days on Market206
Taxes$2,922 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family
Year Built1940
Lot Size0.17 AC / 7,405 SF
CountyLincoln County

Building Information for 1039-1041 Northeast Grant Street

Stories3Residences2Year Built1940Building Size-Lot Size0.17 AC / 7,405 SF

Property Information for 1039-1041 Northeast Grant Street

Summary
Location and General Information
  • Country: US
  • Directions: 7th
  • Road Surface: Dirt
School Information
  • Elementary School: Yaquina View
  • High School: Newport
  • Middle Or Junior School: Newport
Taxes and HOA
  • Tax Year: 2023
  • Tax Annual Amount: $2,921.60
  • Parcel Number: R250758
  • Tax Legal Description: PROPERTY ID R250758 BAKERS FIRST ADDN. TO NEWPORT, BLOCK 10, LOT
Property
Lot Information
  • Acres: 0.17
  • Lot Description: Trees
  • Lot Size Square Feet: 7405.0
  • Lot Size Range: Sq Ft7000to9999
  • Lot Size: 7,000 to 9,999 Sq Ft
Property and Assessments
  • Property Type: Multi Family
  • Water Description: Public Water
  • Property Condition: Restored
  • Year Built: 1940
Utilities
  • Fuel Description: Electricity, Gas
  • Heating Description: Forced Air, Other
  • Hot Water Description: Electricity, Gas
  • Sewer Description: Public Sewer
  • Rent Includes: Maintenance Grounds
Interior and Exterior Features
Exterior Features
  • Exterior Description: Wood Siding
  • Roof Type: Shingle
Interior Features
  • Basement: Daylight, Finished
  • Foundation Details: Concrete Perimeter, Slab
  • Stories: 3
Multi Family
Multi-Family Information
  • Number Of Units Total: 2
  • Gross Income Actual: $51,600.00
  • Gross Rent Multiplier: $14.42
  • Investor Information: According To Owner, Profit Loss Statement
  • Net Income Actual: $51,600.00
  • Operating Expense: $.00
  • Unit Type Type: Unit Type Type1, Unit Type Type2
  • SqFt Approximate Building Total: 2720
Unit 1 Information
  • Unit Type 1 Baths Total: 6
  • Unit Type 1 Baths Decimal: 1.50
  • Unit Type 1 Beds Total: 4
  • Unit Type 1 Features: Dishwasher, Hardwood Floors, Refrigerator, Window Coverings
  • Unit Type 1 Rent: $2,500
  • Unit Type 1 SqFt: 1700.0
  • Unit Type 1 Units Total: 1
Unit 2 Information
  • Unit Type 2 Baths Total: 1
  • Unit Type 2 Baths Decimal: 1.00
  • Unit Type 2 Beds Total: 3
  • Unit Type 2 Features: Hardwood Floors, Refrigerator, Washer Dryer Hookup, Window Coverings
  • Unit Type 2 Rent: $1,800
  • Unit Type 2 SqFt: 1020.0
  • Unit Type 2 Units Total: 1

Schools near 1039-1041 Northeast Grant Street

This home is within Lincoln County School District.
Rating
School
Type
Grades
Distance
Public - K to 2
Public - 6 to 8
Public - 9 to 12
Public - 3 to 5
Rating
School
Distance
Sam Case Elementary School
PublicK to 2

Newport Middle School
Public6 to 8

Newport High School
Public9 to 12

Sam Case Elementary
Public3 to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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1039-1041 Northeast Grant Street is a multi-family home for sale in Newport, OR 97365. This property was listed for sale on May 2, 2024 by John L. Scott Salem, it's currently listed at $744,000. This listing's school district is Lincoln County School District. Nearby schools include Sam Case Elementary School, Newport Middle School and Newport High School. 1039-1041 Northeast Grant Street is a 0-bed, 0-bath, 2,720 sqft multi-family home built in 1940.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of John L. Scott Salem

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