The story
POTENTIAL INCOME! Two separate living spaces, 3,600 square feet and endless possibilities for flexible living! Welcome to 63627 N Olive Rd in Coos Bay, Oregon, where space, versatility and a peaceful rural atmosphere come together on a 0.23-acre lot. Built in 2010, this spacious two-story, stick-built home offers a unique opportunity for multigenerational living, extended households or potential rental income. The approximately 2,400 sq. ft. main level features 3 bedrooms, 2 bathrooms with showers, a kitchen, generous living and entertaining areas, laundry accommodations and garage access. Upstairs, an additional 1,200 sq. ft. provides 2 bedrooms, 2 bathrooms, a second kitchen and its own living area, with two stairways providing access. The separate living arrangements offer flexibility for a variety of lifestyles and potential uses, subject to applicable requirements. Durable metal siding and a metal roof are standout exterior features, while the divided garage provides two distinct workspaces with the option to convert back to a more traditional garage layout. Additional features include an enclosed sunroom previously used as a fish-cleaning station, a storage shed, and a shared well. With some modern updates already in place, this property offers an opportunity to complete the remaining improvements to suit your needs. Minor unfinished sheetrock, carpentry and electrical work remain in one small area. Offered at $450,000, the property presents multiple purchase possibilities, including cash or potential conventional renovation financing for qualified buyers. The seller may also consider arranging for a contractor to complete certain repairs with payment through escrow, subject to approval and agreed-upon terms. With two kitchens, multiple living areas, five bedrooms, four bathrooms, and approximately 3,600 square feet, this property offers a combination of space and flexibility that's worth exploring. Schedule your private showing today!
