Listed by Windermere Real Estate Bosie Valley
$549,000
16 NW Brook Street
Details
APN 111108BB-1400-00
Property Type Multifamily
Sub Type Apartment Building, Duplex/Triplex/Quadruplex
Square Footage 1,695
Units 3
Year Built 1930
Buildings 1
Acreage 0.100
Zoning R-4 Residential
Parking Spaces 1 spaces
Parking Per SqFt 0.59
Multifamily | 3 Units
Marketing description
Excellent turnkey income property in the Nye Beach overlay district with a short walk to Nye Beach shops, restaurants and beach access. Unit 3 currently leased long term & 2 vacant and ready for immediate rent at current market rates. Key features & recent updates New roof (2023) Foundation and sewer line repaired; plumbing and insulation with vapor barrier completed Newer windows throughout Units 1 & 3: new LVP flooring and fresh interior paint Unit 3: new stackable washer/dryer and new pellet stove (2025) Water heaters newer in Units 1 & 3 Newer refrigerators in all units Electrical upgrades across ~75% of the property; updated panels in Units 1 & 3 Heating: baseboard heat plus cadet heaters in each unit; Unit 3 also has pellet stove heat Proximity: walking distance to Nye Beach shopping & dining; only a couple blocks to beach access. Great value-add opportunity with recent capital improvements already completed. Contact for rent roll, expenses, vacancy history and to schedule a showing.
Listing Contacts
Listed by Windermere Real Estate Bosie Valley
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