3895 S Hemlock ST $895,000

    Close

    3895 S Hemlock ST Cannon Beach, OR 97110

    • 4 Beds
    • 4 Baths
    • Multi-Family
    • Listing# 21053909
    Favorite Share
    Views: 227 Days On Site: 80

    Go Tour This Listing

    Schedule A Showing

    Property Details

    Trifecta here, 3 for the price of one. This triplex is located just 2 blocks from the beautiful beach in Cannon Beach and an easy stroll to coffee and dining. The property offers so many options including as an income producer,a home away from home or even a family compound. There are 3 units in this complex, a studio, a 1 bedroom, and a 2 bedroom unit.They all have washer/dryers and are very nicely appointed.There is an oversized garage that can be rented for income also. Appointment required

    • General Features
      • Area Clatsop Co: Cannon Beach/Tolovana Park
      • Bank Owned Y/N No
      • Capitalization Rate 4.77
      • Country US
      • Fuel Description Electricity
      • Gross Income Actual 42720
      • Gross Rent Multiplier 20.95
      • Heating Description Zoned
      • Hot Water Description Electricity
      • Net Income Actual 42720
      • Number Of Units Total 3
      • Occupancy Types Leased,Month To Month,Vacant
      • Operating Expenses Actual 11395
      • Sewer Description Public Sewer
      • Short Sale Y/N No
      • Supplement Number 0
      • Tax Amount 4624.94
      • Terms Cash,Conventional,Owner Will Carry,Contract
      • Third Party Approval Y/N No
      • Utilities Included Trash Collection,Sewer,Water
      • View Y/N No
      • Water Description Public
      • Year Built 2001
      • Zoning R-3
    • Building Features
      • Basement Crawl Space
      • Basement1 Stem Wall,Concrete Perimeter
      • Exterior Description Cedar
      • SqFt Approximate Building Total 2214
      • Unit Type1 Baths Total 1
      • Unit Type1 Beds Total 1
      • Unit Type1 Features Dishwasher,Range,Refrigerator,Washer/Dryer
      • Unit Type1 Rent 980
      • Unit Type1 SqFt 800
      • Unit Type1 Units Total 1
      • Unit Type2 Baths Total 1
      • Unit Type2 Beds Total 1
      • Unit Type2 Features Disposal,Range,Refrigerator,Washer/Dryer
      • Unit Type2 Rent 755
      • Unit Type2 SqFt 400
      • Unit Type2 Units Total 1
      • Unit Type3 Baths Total 2
      • Unit Type3 Beds Total 2
      • Unit Type3 Features Disposal,Range,Refrigerator,Washer/Dryer
      • Unit Type3 Rent 1700
      • Unit Type3 SqFt 1040
      • Unit Type3 Units Total 1
      • UnitFeatures Dishwasher,Disposal,Range,Refrigerator,Washer/Dryer
      • UnitTypeType 1,2,3
    • Room Features
      • Legal Description Wave Crest 7 4
      • Limited Representation Y/N Full Service
    • Property Features
      • Lot Size 5,000 to 6,999 SqFt
      • Property Category Multi Family
      • Roof Type Composition
    • Schools
      • Elementary School Cannon Bch Acad
      • High School Seaside
      • Middle School Seaside

    Contact

    Alaina Giguiere

    Alaina Giguiere

    Principal Broker-Licensed in Oregon

    State of Oregon

    RE/MAX COASTAL ADVANTAGE

    Cell: 503-440-3202

    Neighborhood

    97110 (Cannon Beach) Demographics

    42 Median Age
    414 Population Density (per sq. mile)
    35% College Educated
    $45,865 Estimated Median Income
    233 Estimated Total Home Owners
    334 Estimated Total Renters
    41% / 59% Estimated Owner / Renter Divide
    3 Estimated Average Household Size
    1,358 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $853,375 Median Sales Price
    10 Homes Sold
    28 New On Market

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source: Multiple Listing Service New Value: $895,000
        9/14/2021 8:21:48 AM Status Changed Source: Multiple Listing Service New Value: Pending
        7/7/2021 12:36:00 PM New in Database Source: Multiple Listing Service New Value: $895,000

        Payment Calculator

        $0 per month
        Year Fixed, Interest
        Principal and Interest
        $0
        Property Taxes
        Homeowners' Insurance

        Home Price
        Down Payment
        *This Payment Calculator is intended for educational and planning purposes only.
        **Assumes 3.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.
        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 RE/MAX Pacific Northwest are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2021 RMLS™, Portland, Oregon. This content last updated on 9/25/2021 7:22:44 AM. Some properties which appear for sale on this site may subsequently have sold or may no longer be available. All information provided is deemed reliable but is not guaranteed and should be independently verified. IDX and listing information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.