716 Pioneer Road
Brookings, OR 97415
$995,000
Price
—
Beds
—
Baths
5,696 Sq. Ft.
$175 / Sq. Ft.
5,696
Sq. Ft.
$175
per Sq. Ft.
Description
Opportunity is knocking! With six residential units, this multifamily complex is a unique and rare investment opportunity. Each unit features two bedrooms, 1.5 or 2 bathrooms, private backyard area, & a garage for additional storage . These units currently generate a stable income stream, with a gross monthly rental income of $5,175. There is also upside potential, presenting an opportunity for an investor to grow revenue as the final unit is leased & adjusting rents to market levels. In addition...Opportunity is knocking! With six residential units, this multifamily complex is a unique and rare investment opportunity. Each unit features two bedrooms, 1.5 or 2 bathrooms, private backyard area, & a garage for additional storage . These units currently generate a stable income stream, with a gross monthly rental income of $5,175. There is also upside potential, presenting an opportunity for an investor to grow revenue as the final unit is leased & adjusting rents to market levels. In addition to the strong income, the property has already undergone substantial improvements, with over $130,000 invested over the past year & a half. With a stable income, recent improvements, & the potential for additional rent, this property represents a solid & rare investment opportunity. Furthermore, the growing demand for rental units in the area adds to the long-term potential, making it an attractive option for investors looking for both stability & growth.
- Listed by Chris Martin • Land Leader
- Listed by Ashley Lacer • Land Leader
Property Details for 716 Pioneer Road
Parking Features
Garage
ZoningR-2
ViewTerritorial
Garage Spaces7.00
Parking Total6.00
LISTING UPDATED: 02/14/2025 01:33 PM
Property Details for 716 Pioneer Road
| Status | Active |
|---|---|
| MLS # | 24205581 |
| Days on Market | 89 |
| Taxes | $7,046 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Multi Family |
| Year Built | 1991 |
| Lot Size | 0.62 AC / 27,007 SF |
| County | Curry County |
Building Information for 716 Pioneer Road
Stories2Residences6Year Built1991Building Size-Lot Size0.62 AC / 27,007 SF
Property Information for 716 Pioneer Road
Summary
Location and General Information
- Country: US
- Directions: Call Listing Agent
- Road Surface: Paved
School Information
- Elementary School: Kalmiopsis
- High School: Brookings-Harbr
- Middle Or Junior School: Azalea
Taxes and HOA
- Tax Year: 2024
- Tax Annual Amount: $7,046.07
- Parcel Number: R21617
- Tax Legal Description: ACRES 0.62
Property
Lot Information
- Acres: 0.62
- Lot Description: Level
- Lot Size Square Feet: 27007.0
- Lot Size Range: Sq Ft20000to Acres1
- Lot Size: 20,000 Sq Ft to .99 Acres
Property and Assessments
- Property Type: Multi Family
- Water Description: Public Water
- Property Condition: Approximately
- Year Built: 1991
Utilities
- Cooling Description: None
- Fuel Description: Electricity
- Heating Description: Wall Furnace
- Sewer Description: Public Sewer
- Rent Includes: Sewer, Trash Collection, Water
Interior and Exterior Features
Exterior Features
- Exterior Description: Lap Siding
- Roof Type: Composition
Interior Features
- Basement: None
- Foundation Details: Concrete Perimeter
- Stories: 2
Multi Family
Multi-Family Information
- Number Of Units Total: 6
- Gross Income Actual: $78,300.00
- Gross Income Projected: $82,020.00
- Gross Rent Multiplier: $12.71
- Investor Information: Leases, Maintenance Records Available, Rent Records
- Net Income Actual: $47,164.00
- Operating Expense: $31,136.00
- Storage: Garage
- Unit Type Type: Unit Type Type1, Unit Type Type2, Unit Type Type3, Unit Type Type4, Unit Type Type5, Unit Type Type6
- SqFt Approximate Building Total: 5696
Unit 1 Information
- Unit Type 1 Baths Total: 2
- Unit Type 1 Baths Decimal: 2.00
- Unit Type 1 Beds Total: 2
- Unit Type 1 Features: Range, Refrigerator, Washer Dryer Hookup
- Unit Type 1 Rent: $0
- Unit Type 1 SqFt: 949.0
- Unit Type 1 Units Total: 1
Unit 2 Information
- Unit Type 2 Baths Total: 2
- Unit Type 2 Baths Decimal: 2.00
- Unit Type 2 Beds Total: 2
- Unit Type 2 Features: Range, Refrigerator, Washer Dryer Hookup
- Unit Type 2 Rent: $0
- Unit Type 2 SqFt: 949.0
- Unit Type 2 Units Total: 1
Unit 3 Information
- Unit Type 3 Baths Total: 2
- Unit Type 3 Baths Decimal: 2.00
- Unit Type 3 Beds Total: 2
- Unit Type 3 Features: Range, Refrigerator, Washer Dryer Hookup
- Unit Type 3 Rent: $0
- Unit Type 3 SqFt: 949.0
- Unit Type 3 Units Total: 1
Unit 4 Information
- Unit Type 4 Baths Total: 2
- Unit Type 4 Baths Decimal: 2.00
- Unit Type 4 Beds Total: 2
- Unit Type 4 Features: Range, Refrigerator, Washer Dryer Hookup
- Unit Type 4 Rent: $0
- Unit Type 4 SqFt: 949
- Unit Type 4 UnitsTotal: 1
Unit 5 Information
- Unit Type 5 Baths Total: 2
- Unit Type 5 Baths Decimal: 1.10
- Unit Type 5 Beds Total: 2
- Unit Type 5 Features: Range, Refrigerator, Washer Dryer Hookup
- Unit Type 5 Rent: $0
- Unit Type 5 SqFt: 950.0
- Unit Type 5 Units Total: 1
Unit 6 Information
- Unit Type 6 Baths Total: 2
- Unit Type 6 Baths Decimal: 1.10
- Unit Type 6 Beds Total: 2
- Unit Type 6 Features: Range, Refrigerator, Washer Dryer Hookup
- Unit Type 6 Rent: $0
- Unit Type 6 SqFt: 950.0
- Unit Type 6 Units Total: 1
Public Records for 716 Pioneer Road
Taxable ValueLand-Additions-Total-
Tax Record2023$6,841 ($570 / month)
Home Facts
Total Finished SqFt949 SqFtAbove Grade Finished SqFt949 SqFtLot Size27,007 SqFtStyleMulti-Family Dwelling (2-4)Year Built1991ZoningR2CountyCURRYAPN4113-05BB-03300
Schools near 716 Pioneer Road
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.
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