Home For Sale In Seaside, Oregon

house for sale

Listed: 04/11/24

Hi-Tide Resort, Avenue G, Seaside, OR, USA

Studio Bed:

6,004 Sq Ft Living Area:

Price

$ 1,05M

Sold

Show 3 more

About This House

Opportunity knocks at this unique beach-adjacent Seaside multifamily property. Located just one lot from Seaside's famous South Promenade beachfront walkway, the property consists of four432 SF 1-bedroom cottages and one4, 276 SFSingle-room Occupant (SRO) building with views of the ocean. The SRO building is currently comprised of14 SROrooms that share two bathrooms and community kitchen facilities. This building also contains one additional 1-bedroom unit with its own bathroom, kitchen, and private patio. The opportunity exists to convert this building to 3-5 traditional multifamily units if desired by new ownership. Current lease contracts for the cottages are month-to-month, while leases for the SRO units are on a week-to-week tenancy. The property is zoned R-3: Residential High Density. Listing price reflects allowance for deferred maintenance.

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