751 Riverside Dr Coquille, OR 97423
- Multifamily properties
- 3,456 SF
- 0.73 lot acres
Current Use by Public Records
- Multifamily properties
Property Details for 751 Riverside Dr
- Year built
- 1960
- Lot size
- 0.73 lot acres
- Property size
- 3,456 SF
- Property type
- Multifamily properties
Description
This exceptional multi-family property, located at 751 W Riverside Dr, Coquille, OR, presents a lucrative investment opportunity. The 3,456 square foot building sits on a 0.73-acre lot boasting stunning riverfront views. Currently generating a substantial $3,800 per month in income from long-term leases, this property offers excellent cash flow potential. Built for durability, the structures feature a metal roof, hardy cement siding, and a robust concrete pillar foundation. The interior boasts an attractive common lobby area leading to well-maintained, updated units with appealing finishes and fixtures. A large deck provides breathtaking river views. A separate shop building, complete with an office and bathroom, is currently vacant, offering additional income potential or the possibility for owner-occupancy. Ample paved parking is available for residents and tenants. The seller is highly motivated, making this a compelling opportunity for discerning investors seeking a strong return on investment in a desirable location. The property's prime riverfront location and solid construction make it a truly exceptional offering.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Coquille
- County
- Coos
- State
- Oregon
- Longitude
- -124.197
- Latitude
- 43.1742
