1567 1st St, Florence, OR 97439

Seller is willing to discuss favorable owner carry terms!In the heart of historic Old Town Florence District, seize a remarkable investment chance. These units offer breathtaking bay and Old Town vistas, mere steps from premier coastal dining. Immerse in year-round festivities of Old Town Florence at your doorstep. Prime prospect for generating short-term rental income! This property showcases a two-level edifice, accompanied by an auxiliary maintenance/storage building at the rear. The property comprises five residential apartment units. Four units house two bedrooms and one bathroom each, while the fifth unit boasts a spacious one-bedroom, one-bathroom layout complemented by a generous enclosed sunroom. Recent comprehensive renovations, undertaken over the past months, are nearing completion. Modern enhancements include a fusion of luxury vinyl plank and carpet flooring, ductless heat pumps, and exquisite kitchens furnished with quartz countertops and top-notch stainless-steel appliances. Additionally, each unit houses its own stackable laundry facility. Security is paramount, with all units equipped with a full commercial sprinkler system. Parking is plentiful, encompassing two covered spaces, 6-8 open spots, and abundant on-street options. This exceptional opportunity comes with an unparalleled location, positioning you at the epicenter of Old Town Florence's allure. Experience the epitome of coastal living while capitalizing on a promising investment venture.