261 NE 1ST ST
TOLEDO, OR 97391

$369,900

4 Beds

3 Baths

2,425 Sq Ft

Status Active Under Contract

MLS# 23-1554

Commercial/residential opportunity!!! Historical Craftsman in process of remodel-1920 house in town but nestled among mature landscaping. Zoned Commercial. Many possibilities!! Run your business, or short term rental (which is allowed in Toledo-but do your due diligence) or set up your residence. Roomy sq footage, open floor plan. Many updates: electrical, plumbing, flooring and appliances, tub, some fixtures! Walk to restaurants on main street. House near super market, library, and pool. Price was lowered by 100K. Being sold as is. Possibility of basement conversion to rental unit. According to ARV that was completed by a lender finished value of home is approx $485K

Details for 261 NE 1ST ST

$153 / Sq Ft

0 parking spaces

321 Days on website

0.22 acres lot

Interior

Bathrooms Total

Bedrooms Total

Flooring

Vinyl, Carpet

Living Area

2,425 SqFt.

Building And Construction

Property Sub Type

Single Family Residence

Property Type

Residential

Year Built

1920

Exterior And Lot

Lot Features

Irregular Lot

Lot Size Acres

0.22

Lot Size Square Feet

9583.2

Lot Size Units

Acres

Parking Features

RV Access/Parking

Patio And Porch Features

["None"]

Zoning

C - Commercial

Area And Schools

City

Toledo

County Or Parish

Lincoln

Subdivision Name

Toledo 4th Addition

Financial Info

Buyer Agency Compensation^*

^*The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

Tax Annual Amount

$2,300.41

Tax Year

2022

Additional Info

Mls Status

Pending - Accepting Backups