👑 Turn-Key Waterfront Condo With Strong Rental Potential in Newport 👑
Price: $67,000
ARV: $160,000
1000 SE Bay Blvd #K-2, Newport, OR 97365
1 bed | 1 bath | 676 sqft
Fully furnished unit, built in 1974, includes all new appliances and a king-size bed
Gas fireplace and a new couch in the living room
Private deck with bay views
Discount oceanfront property with an amazing view of the marina and ocean
Luxury accommodations and an excellent fishing location
The HOA has a rental pool that will rent out your property when you’re not there
HOA dues: $1,322 monthly includes power, heat, hot water, gym, crab dock, crab cookers, large indoor pools and sauna
The HOA will be replacing the doors and patio next year
The estimated 10-year special assessment for this condo is $355.16, bringing the total to $1,677.16 starting next year
HOA Docs: https://tinyurl.com/1000newport
Rental Management Agreement: https://tinyurl.com/rmanewport
ARV COMPS:
https://www.zillow.com/homedetails/1000-SE-Bay-Blvd-K-4-436-Newport-OR-97365/440059879_zpid/
https://www.zillow.com/homedetails/1000-SE-Bay-Blvd-445-Newport-OR-97365/440059588_zpid/
Call for Walkthrough!
Closing date: 12/20/2025 – Cash and hard money only, 10,000 EM deposit upon mutual acceptance. Buyer to pay closing costs.
Please contact us via DM or call if you have any other questions (503) 404-4532.
Cash or hard money only, price is net to seller, buyer pays all closing costs, property sold in as-is condition, buyer is responsible for their own due diligence and verifying all facts and figures in regards to purchasing the property. Wholesale King does not allow for buyers to reassign or sell to a third party prior to close. Opinion of value and breakdown spreadsheet is given as a courtesy only as seller makes no guarantees or warranties, express or implied, as to the value, condition, remodel cost, and/or any costs or fees associated with selling or investing in this property. Members of selling entity are real estate licensee’s in the State of Oregon and Washington. Real Estate Licensee and/or associated brokerage are not acting in any role as real estate broker or as a brokerage of this transaction. No brokers are receiving compensation as part of this Agreement and are not representing any party.
