671 Sunset Ave

    Ocean Shores, WA 98569
    • $399,999
    • STATUS: Pending
    • ON SITE: 72 days
    • ID#: 1579067
    Under Contract
    UPDATED: 145 min ago
    $399,999
    • 0
      BEDS
    • 0.23
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    2000
    County:
    Area:

    School Ratings & Info

    School District:
    Listing Courtesy of The Brokerage House.

    Description

    A great investment opportunity. This well maintained and updated 4-plex was built in 2000 and was last sold for 375k. The multi-family dwelling features 4 units with a total sqft of 3368 and a lot size of .23 acres. On-site parking with an established long-term prop management co in place. Long term tenants and a history of 100% occupancy rate. An 8% CAP rate and 10% gross rent multiplier. Solid investment or live on site with tenants in remaining units.

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    The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Keller Williams Realty are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2020-05-28T00:14:13.86.

    www.vipteamwa.com/homes/104220343

    671 Sunset Ave Ocean Shores, WA 98569

    • Price: $399,999
    • Status: Pending
    • Updated: 145 min ago
    • ID#: 1579067
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.23
    Acres
    2000
    Built
    Neighborhood:
    Ocean Shores
    County:
    Grays Harbor
    Area:
    Ocean Shores
    School District:
    North Beach
    Property Description
    A great investment opportunity. This well maintained and updated 4-plex was built in 2000 and was last sold for 375k. The multi-family dwelling features 4 units with a total sqft of 3368 and a lot size of .23 acres. On-site parking with an established long-term prop management co in place. Long term tenants and a history of 100% occupancy rate. An 8% CAP rate and 10% gross rent multiplier. Solid investment or live on site with tenants in remaining units.
    Exterior Features

    Carport Spaces 8 Exterior Wood Products Garage Spaces 0 Roof Composition Stories In Building 2 Style 54 - 4-Plex Total Parking Spaces 8 Uncovered Spaces 8

    Interior Features

    Floor Covering Ceramic TileVinylWall to Wall Carpet Heating And Cooling Forced Air Unit1 Bathrooms 0.00 Unit1 Bedrooms 0 Unit1 Fireplaces 0 Unit1 Sq Ft 0 Unit2 Bathrooms 0.00 Unit2 Bedrooms 0 Unit2 Fireplaces 0 Unit2 Sq Ft 0 Unit3 Bathrooms 0.00 Unit3 Bedrooms 0 Unit3 Fireplaces 0 Unit3 Sq Ft 0 Unit4 Bathrooms 0.00 Unit4 Bedrooms 0 Unit4 Fireplaces 0 Unit4 Sq Ft 0 Unit5 Bathrooms 0.00 Unit5 Bedrooms 0 Unit5 Fireplaces 0 Unit5 Sq Ft 0 Unit6 Bathrooms 0.00 Unit6 Bedrooms 0 Unit6 Fireplaces 0 Unit6 Sq Ft 0 Units Below Grade N

    Property Features

    Bank Owned No Cap Rate 5.23 Electrical Expenses 0 Energy Source Electric EPSEnergy 0 Form17 Provided General Zoning Classification Multi-Family Gross Adjusted Income 40151 Gross Rent Multiplier 10 Gross Scheduled Income 40151 Heating Expenses 0 Hers Index 0 Home Owner Dues 0 Insurance Expenses 1500 Leased Items None Lot Number 6 Net Operating Income 20925 New Construction YN No Other Expenses 148 Possession Closing Right Of First Refusal No Septic Approved For Number Of Bedrooms 0 Sewer Sewer Connected Tax Amount 2823 Tax Year 2019 Terms Cash OutConventional Third Party Approval Required None Total Expenses EXP 12375 Total Expenses TEX 12375 Total Monthly Income 2775 Unit1 Monthly Rent 700 Unit2 Monthly Rent 650 Unit3 Monthly Rent 750 Unit4 Monthly Rent 675 Unit5 Monthly Rent 0 Unit6 Monthly Rent 0 Vacancy Rate 0 Water Sewer Garbage 523

    Listing information © 2020 Northwest Multiple Listing Service. Information is based on data available to the associate, including county records. The information contained in this listing has not been verified by Keller Williams Realty and should be verified by the buyer.


    The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Keller Williams Realty are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2020-05-28T00:14:13.86.

     
    Keller Williams Realty
    1029 E Main Street, Suite 201
    Puyallup WA, 98372
    Listing Courtesy of The Brokerage House.