42.059552 -124.278534 0
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Listed by Land Leader, Chris Martin. (541) 660-5111

MLS Source logo

716 PIONEER RDBrookings, OR 97415

Active
$995,000
5,696 Square Feet

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.


FACTS & FEATURES

  • Property Type:
    MultiFamily
  • Architectural Style:
  • Bedrooms:
  • Bathrooms:
  • Dwelling Size:
    5,696 Square Feet
  • Lot Size:
    0.62 Acres
  • Lot Description:
  • Stories:
    2
  • Year Built:
    1991
  • Interior Features:
  • Exterior Features:
  • Parking:

    Garage or Parking Spaces: 7
    Features: Garage
  • Area:
    _270
  • Views:
    Territorial
  • Schools:
    High School(s): Brookings-Harbr
    Middle School(s): Azalea
    Elementary School(s): Kalmiopsis
  • HOA:
  • Senior Community:
  • Heating:
    WallFurnace
  • Cooling:
    None
  • Appliances:
  • Fireplace:
    Fireplace(s):
    Features:
  • Accessibility:
  • Security Features:
  • Foundation:
    ConcretePerimeter
  • Roof:
    Composition

LOCATION


REQUEST INFORMATION

Listing Office: Land Leader. Listing Agent: Chris Martin. Listing ID: 24205581

Last Updated February 14, 2025 1:33 PM
Data last checked against RMLS on May 13, 2025 12:56 PM

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