Investor opportunity in Rockaway Beach! Located at 1040 NE 12th Ave, this tenant-occupied fixer offers immediate rental income and strong upside potential. Currently rented for $1,999 per month, the property provides cash flow from day one while offering a future opportunity to renovate and add value.Priced at $160,000, this is an attractive entry point for investors looking to secure property along the Oregon Coast. The home does need repairs and updating, making it a great project for buyers with vision who want to improve the property over time while maintaining rental income.Situated just minutes from the beach, local dining, and shops, the location offers convenient access to everything that makes Rockaway Beach such a popular coastal destination.
Listing Provided Courtesy of Ben Droukas, Windermere Realty Trust
Investor opportunity in Rockaway Beach! Located at 1040 NE 12th Ave, this tenant-occupied fixer offers immediate rental income and strong upside potential. Currently rented for $1,999 per month, the property provides cash flow from day one while offering a future opportunity to renovate and add value.Priced at $160,000, this is an attractive entry point for investors looking to secure property along the Oregon Coast. The home does need repairs and updating, making it a great project for buyers with vision who want to improve the property over time while maintaining rental income.Situated just minutes from the beach, local dining, and shops, the location offers convenient access to everything that makes Rockaway Beach such a popular coastal destination.