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320 Silverside PL
Hammond, Oregon OR 97121
$599,000 Price
Active Status
4,215 SqFt
22043404 Listing ID
This fully rented four plex is a fantastic investment opportunity! One, 3bd/2bath unit, One, 2bd/2bth unit, One, 2bd/1bth unit, and one, 1bd/bth unit. Ample on-site parking. Each unit is metered separately. Laundry is shared. Several upgrades in the last 5 years, please see supplemental documents. Do not disturb occupants.
Schedule Showing
Status Active
County Clatsop
Year Built 1905
Property Type Multi Family
Multi Family
Larry Bensel
Address: 1580 N Roosevelt Dr.
City: Seaside
State/Province: OR
Zipcode: 97138
Office Phone: 503-739-7192
Office Fax: 503-738-5740

Primary Features

County: Clatsop
Price Before Reduction: 625000
Price Reduction Date: 2022-09-06T22:23:07+00:00
Property Type: Multi Family
Subdivision: Fort Stevens
Year Built: 1905
Zoning: R10


Basement: Crawl Space
Cooling: no
Heating: yes
Heating Type: Forced Air
Hot Water Description: Gas
Stories: 1
Unit Type: 1, 2, 3, 4
Unit Type 1 Baths Total: 1
Unit Type 1 Beds Total: 1
Unit Type 2 Baths Total: 1
Unit Type 2 Beds Total: 2
Unit Type 3 Baths Total: 2
Unit Type 3 Beds Total: 2
Unit Type 4 Baths Total: 2
Unit Type 4 Beds Total: 3


Attached Garage: no
Exterior Description: T-111 Siding, Wood Siding
Foundation Details: Pillar/Post/Pier
Fuel Description: Gas
Lot Size Range: 7, 000 to 9, 999 SqFt
Number Of Units Total: 4
Parking Features: Open
Property Attached: no
Property Condition: Existing
Road Surface Type: Gravel, Paved
Roof: Composition
Sewer: Public Sewer
Unit Type 1 Units Total: 1
Unit Type 2 Units Total: 1
Unit Type 3 Units Total: 1
Unit Type 4 Units Total: 1
View: no
Water Source: Public Water


Country: US
Directions: Follow Pacific Drive inside Fort Stevens to Silverside Pl
Elementary School: Warrenton
High School: Warrenton
Middle Or Junior School: Warrenton
MLS Area Major: Clatsop Co: Hammond/Warrenton


Green Certification: no
Open House: no
Third Party Approval: no


Bank Owned: no
Capitalization Rate: 7.99
Current Price For Status: 599000
Disclosures: Disclosure
Gross Income: 53880
Gross Rent Multiplier: 11.12
Investor Information: According To Owner, Rent Records
Listing Terms: Cash, Contract, Conventional
Net Operating Income: 47880
Operating Expense: 6000
Rent Includes: Trash Collection
Short Sale: no
Tax Annual Amount: 3443.38
Tax Year: 2021
Unit Type 1 Actual Rent: 650
Unit Type 2 Actual Rent: 850
Unit Type 3 Actual Rent: 1300
Unit Type 4 Actual Rent: 1600

Zoning Info

The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Popkin Real Estate, LLC are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2022 RMLS™, Portland, Oregon. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed. All information provided is deemed reliable but is not guaranteed and should be independently verified. Data last updated: Friday, December 2nd, 2022 at 12:27:54 PM.
#IDX-primaryPhoto,#idx-details-header Listed by: Popkin Real Estate, LLC (503) 791-8363

Contact - Listing ID 22043404

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Larry Bensel

1580 N Roosevelt Dr.
Seaside, OR 97138
Fax: 503-738-5740

Data services provided by IDX Broker