NEWLY LISTED
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$499,000 USD
1202 IRIS St
Brookings, Oregon 97415
USA
Brookings, Oregon 97415
USA
100.332 m2 ::
1,080 sqft
3 bedrooms
1 full bath
Residential For Sale, Single Family Detached
Land size: 0.02 m2 ::
0.18 sqft
Sale price per sqm: 4,973.33
Tax: 2,277 USD
Remarks:
Rare Brookings Investment Opportunity! Two detached homes on one .18-acre corner lot offer exceptional flexibility for investors, multi-generational living, or owner-occupants looking to generate rental income. Live in one home while renting the other, or lease both for long-term income. This property is also an excellent opportunity for buyers completing a 1031 Exchange and seeking to invest in the highly desirable Brookings market. The front home features 3 bedrooms and 1 bathroom, while the second home offers 3 bedrooms and 2 bathrooms. Both homes have been tenant occupied and most rooms have vinyl windows, providing a solid starting point for future updates and added value. Whether you're looking for immediate rental income or a property with long-term upside, this is a rare opportunity to own two homes on one parcel. Ideally located just minutes from downtown Brookings, you'll enjoy convenient access to shopping, restaurants, schools, medical facilities, the Port of Brookings Harbor, and some of the Southern Oregon Coast's most beautiful beaches. From the street and driveway, you'll catch glimpses of the Pacific Ocean, and you'll appreciate the refreshing coastal air and the soothing sound of the surf. Outdoor enthusiasts will love the nearby opportunities for beachcombing, hiking, fishing, kayaking, and exploring the spectacular coastline. The property's zoning does not permit short-term vacation rentals, making it best suited for owner occupancy or long-term rental investment. Multi-unit properties in Brookings rarely become available, making this an outstanding opportunity to build wealth in one of the Oregon Coast's most sought-after communities.
Features:
- Dining Room
- Dining Room
- Year Built: 1953
- Appliances: Dishwasher, Microwave, Oven / Range
- Property Features: Separate Laundry room
- Heating System: Baseboard
- Roofing: Composition/shingle
- Elementary School: Kalmiopsis
Location:
1202 IRIS St, Brookings, Oregon 97415, USA
Listed By CENTURY 21 Agate Realty
The Residential For Sale, Single Family Detached located at 1202 IRIS St, Brookings, Oregon 97415, USA is currently for sale. 1202 IRIS St, Brookings, Oregon 97415, USA is listed for $499,000 USD. This property has 3 bedrooms, 1 full bath and 1,080 sqft. If the property located at 1202 IRIS St, Brookings, Oregon 97415, USA isn't what you're looking for, search Oregon Real Estate to see other Homes For Sale in Brookings.
