555 Spruce Street

Brookings, OR 97415

$327,500
Last Sold Price
Beds
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Don't miss out on this INCOME INVESTMENT OPPORTUNITY! Discover a remarkable income opportunity with this multifamily unit combining coastal charm and convenience located in the heart of Brookings. Unit # 555 features a 2 Bedroom, 1 Bathroom and Unit # 557 features a 1 Bedroom, 1 Bathroom. Both Units are complemented with a welcoming covered front porch, separate Attic space for storage, separate Laundry rooms with washer/ dryer hook-ups and both Decks that enter into the Fenced Backyard. Located...Don't miss out on this INCOME INVESTMENT OPPORTUNITY! Discover a remarkable income opportunity with this multifamily unit combining coastal charm and convenience located in the heart of Brookings. Unit # 555 features a 2 Bedroom, 1 Bathroom and Unit # 557 features a 1 Bedroom, 1 Bathroom. Both Units are complemented with a welcoming covered front porch, separate Attic space for storage, separate Laundry rooms with washer/ dryer hook-ups and both Decks that enter into the Fenced Backyard. Located in the heart of Brookings with plenty of street Parking and all local Amenities! Both Units are currently rented so please do not disturb tenants.
  1. Listed by Kimberly Weaver • Blue Pacific Realty • info@blupac.com

Property Details for 555 Spruce Street

Parking Features
On Street
Zoning
C3
View
Territorial
Parking Total
.00
LISTING UPDATED: 02/05/2025 10:02 AM

Property Details for 555 Spruce Street

StatusSold
MLS #24502520
Days on Market28
Taxes$1,224 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family
Year Built1940
Lot Size-
CountyCurry County

Building Information for 555 Spruce Street

Stories-Residences2Year Built1940Building Size-Lot Size-

Property Information for 555 Spruce Street

Summary
Location and General Information
  • Country: US
  • Directions: Highway 101 , corner of Fern Ave and Spruce St.
  • Road Surface: Paved
School Information
  • Elementary School: Kalmiopsis
  • High School: Brookings-Harbr
  • Middle Or Junior School: Azalea
Taxes and HOA
  • Management Name: Paragon Property Management
  • Management Phone: 541-412-7995
  • Tax Annual Amount: $1,224.27
  • Parcel Number: R10566
  • Tax Legal Description: ACRES 0.09
Property
Lot Information
  • Lot Description: Corner Lot, Level
  • Lot Size Range: Sq Ft3000to4999
  • Lot Size: 3,000 to 4,999 Sq Ft
Property and Assessments
  • Property Type: Multi Family
  • Water Description: Public Water
  • Property Condition: Approximately
  • Year Built: 1940
Utilities
  • Fuel Description: Electricity
  • Heating Description: Baseboard
  • Hot Water Description: Electricity
  • Sewer Description: Public Sewer
  • Rent Includes: Sewer, Water
Interior and Exterior Features
Exterior Features
  • Exterior Description: Cement Siding, Wood Siding
  • Roof Type: Composition
Multi Family
Multi-Family Information
  • Number Of Units Total: 2
  • Gross Income Actual: $18,900.00
  • Gross Rent Multiplier: $19.34
  • Investor Information: Rent Records
  • Net Income Actual: $13,539.00
  • Operating Expense: $5,360.00
  • Storage: Attic
  • Unit Type Type: Unit Type Type1, Unit Type Type2
Unit 1 Information
  • Unit Type 1 Baths Total: 1
  • Unit Type 1 Baths Decimal: 1.00
  • Unit Type 1 Beds Total: 2
  • Unit Type 1 Features: Deck, Range, Refrigerator, Washer Dryer Hookup
  • Unit Type 1 Rent: $750
  • Unit Type 1 SqFt: 780.0
  • 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: 1
  • Unit Type 2 Features: Deck, Range, Refrigerator, Washer Dryer Hookup
  • Unit Type 2 Rent: $825
  • Unit Type 2 SqFt: 648.0
  • Unit Type 2 Units Total: 1

Property History for 555 Spruce Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 555 Spruce Street

Taxable ValueLand-Additions-Total-
Tax Record2023$1,189 ($99 / month)
Home Facts
Beds1Total Finished SqFt780 SqFtAbove Grade Finished SqFt780 SqFtLot Size3,920 SqFtStyleSingle Family ResidenceYear Built1940Year Renovated1995ZoningC3CountyCURRYAPN4113-05CB-03300

Schools near 555 Spruce Street

This home is within Brookings-Harbor School District 17c.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Charter - 1 to 6
Rating
School
Distance
Kalmiopsis Elementary School
PublicK to 5

Azalea Middle School
Public6 to 8

Brookings-Harbor High School
Public9 to 12

Upper Chetco Charter School
Charter1 to 6

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.

Similar Homes

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Similar Sold Homes

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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 Blue Pacific Realty

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