1127 SW ABBEY ST Newport, OR $ 995,000
1127 SW ABBEY ST
$ 995,000
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1127 SW ABBEY ST

Newport, OR, 97365
$ 995,000
Bedrooms7 Baths5.0 Sq 4,078

Monthly Estimate*

$ 6,613

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Single Family Home for sale in Newport, OR

for $995,000 with 7 bedrooms and 5 full baths. This 4,078 square foot home was built in 1935 on a lot size of 0.22.

Wonderful opportunity to own a home and three rentals in Newport with a remarkable hilltop location. This 7 bedroom, 5 Bath property is sited above Newports Hospital and the Newport Bayfront, with PANORAMIC VIEWS extending over the bay, bridge and ocean. There are 4 Occupied units with good tenants providing EXCELLENT INCOME and low expenses, and great rental history. This Property is WELL MAINTAINED with a NEW ROOF that is composition on the main house and membrane over the apartments in 2023. Very functional with 5 parking spaces, garbage area, laundry room. See photos for layout. Unit A 3/2, Unit B(Ground floor) 1/1 plus den. Unit C 2 bed/1 bath, Unit D Studio. No showings without an accepted offer. Buyer to assume all tenants at close of escrow. Call for more details.

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Single Family Active

Price

$ 995,000

Bedrooms

7

Full Bath

5

Property Type

Single Family

Taxes

$ 7,774

Style

Cottage,TriLevel

Lot Size

0.22

Year Built

1935

Town/City

Newport

County/Region

Lincoln

MLS | Web ID

24498839

Features
General
Sewer PublicSewer
Heating Baseboard WallHeater
Cooling None
Roof Composition Membrane
Zoning R3
Garage Spaces 0
Architectural Style Cottage TriLevel
Security Features None
Year Built 1935
Stories 3
Property SubType SingleFamilyResidence
Tax Year 2023
Accessibility CaregiverQuarters MainFloorBedroomBath
County Lincoln
Property Type Residential
Subdivision Name Newport Bayley and Case ADDN
Status Active
Directions From SW Coast Highway right or East on SW Abbey continue on SW Abbey to top of hill. 1127 SW Abbey
High School Newport
City Newport
Disclosures Disclosure
MLS Area _200
Lot Size Square Feet 9583.0
Street Name ABBEY
Listing Terms Cash Conventional
Elementary School Yaquina View
Tax Annual Amount 7774.91
Middle/Junior High School Newport
Property Condition UpdatedRemodeled
Days on Market 97
Standard Status Active
Legal Description PROPERTY ID R45139 BAYLEY AND CASE'S ADDN. TO NEWPORT BLOCK 17
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Interior
Basement Daylight SeparateLivingQuartersApartmentAuxLivingUnit
Total Fireplaces 0
Hot Water Electricity
Window Features DoublePaneWindows
Full Baths 5
Street Suffix ST
Total Bathrooms 5.0
Total Bedrooms 7
Total Baths 5
1/2 Baths 0
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Exterior
Parking Features ParkingPad
Lot Features OceanBeachOneQuarterMileOrLess Sloped
Water Source PublicWater
Total Parking 0
Exterior Description Cedar Other
Foundation Details Other Slab
Building Area Total 4078.0
Lot Size Acres 0.22
Road Surface Type Paved
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Internal Only
Street Number 1 1127
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* Excluded Features
List By
Advantage Real Estate

Broker

audra@advantagerealestate.com

Email

Affordability Calculator

$7,261
Per Month
91%
9%
0%
Monthly Principal & Interest
$6,613
Monthly Property Taxes
$648
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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THE TIME TO SELL IS NOW!
Nearby
1949516 Elementary School
1950585 Middle School
Newport High School High School
Pricing History
DatePricePrice ChangeDescription
2/15/2024$995,000 Listed Price

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1127 SW ABBEY ST, Newport, OR, 97365 is a Single Family Home for sale at $995,000 with 4,078 sqft and a lot size of 0.22. 1127 SW ABBEY ST has 7 bedrooms, 5.0 baths, and was built in 1935. The property's zip code is 97365 which is in Newport, OR