720 2Nd St Brookings, OR 97415

This exceptional investment opportunity presents a well-maintained fourplex located at 720 N 2nd St, Brookings, OR 97415. Boasting a prime location near Brookings' stunning beaches, this property offers a compelling blend of coastal living and strong investment potential. The 4,736 square foot building, constructed in 1975, sits on a 0.31-acre lot and features four spacious two-story units, each with two bedrooms and 1.1 bathrooms. Each unit includes a carport and a shed, providing ample parking and storage. The property is zoned R2 and includes eight parking spaces. With a 4.16% cap rate and an asking price of $795,000, this fourplex presents a rare opportunity for investors seeking a lucrative income property with a proven rental history. The property's proximity to the beach and local amenities ensures high tenant demand and long-term stability. The building is a two-story structure with an APN of R10558. This is a turnkey investment ready for a new owner. Don't miss this chance to acquire a desirable multifamily property in a sought-after coastal location.