Presented by: Washington Coast Real Estate and NWMLS
Property Description
Multi Family Investment property in Ocean Shores! Exciting opportunity on this popular townhome style 4 unit building with room to expand. All 4 units have been beautifully remodeled to include 3 bedrooms and 1.5 bathrooms each. This will be a good way to increase the value & add to the already solid monthly income. Two story units kitchen/living/1.5 bath on main floor & full bath/laundry on the second floor. All units are rented & many updates have been done to make these wonderful homes attractive. Downtown amenities are within walking distance as well as the beach, canals & lakes. All great attractions to Ocean Shores!
Interior Features
Bedrooms
Bedrooms Upper0
Bathrooms
Baths Full Upper0
Baths Half Upper0
Baths Three Quarter Upper0
Other Interior Features
Air Conditioning Y/NNo
Fireplace Y/NNo
FlooringCeramic Tile, Laminate, Vinyl, Vinyl Plank
Heating Y/NYes
Power Production TypeElectric
Total Fireplaces0
Total Stories2
General
Building Area Units0 sqft
Building NameDIV 24
Cap Rate5.8
Carport Spaces0
Carport Y/NNo
CityOcean Shores
CoolingNone
CountyGrays Harbor
DirectionsHead south on Point Brown Ave NW. Turn onto E Chance A La Mer NE at the roundabout. Turn right onto Sunset Ave NE. Building is on the right.
Electric Expense0
Elementary SchoolBuyer To Verify
Fuel Expense0
Garage Spaces3
HOANo
HOA Fee$0
HeatingBaseboard
High SchoolNorth Beach High
High School DistrictNorth Beach
Insurance Expense1400
Leasable Area4,084 sqft
Listing TermsCash, Conventional, FHA, USDA Loan, VA Loan
Living Area0 sqft
Lot Size Square Feet10,000 sqft
Lot Size UnitsSquare Feet
MLS Area194 - Ocean Shores
Middle/Junior High SchoolNorth Beach Mid
NWM_ShowMapLinkY
Net Operating Income44922
New ConstructionNo
Number Of Units Total4
Open Parking Spaces8
PossessionClosing
Possible UseMulti-Family, Residential
Property ConditionGood
Property Style54 - 4-Plex
Property SubtypeMulti Family
Property TypeResidential Income
Public RemarksMulti Family Investment property in Ocean Shores! Exciting opportunity on this popular townhome style 4 unit building with room to expand. All 4 units have been beautifully remodeled to include 3 bed
RoofComposition
Senior Community Y/NNo
SewerSewer Connected
Special Listing ConditionsNone
Standard StatusActive
StatusActive
Structure TypeQuadruplex
Subdivision NameOcean Shores
Tax Annual Amount$3,193
Tax Year2024
Units Below Gradefalse
Units In Building Total4
ViewTerritorial
Water CompanyCity of Ocean Shores
Water Sewer Garbage6120
Year Built1979
Zoning DescriptionMulti-Family, Residential
Exterior
Building Area Total5,204 sqft
Covered Spaces0
Exterior AmenitiesMetal/Vinyl, Wood Products
Foundation DetailsPoured Concrete, Slab
Irrigation Water Rights Y/NNo
Lot Dimensions100x100
Lot FeaturesPaved
Lot Number8
Lot Size Acres0.2296
Parking Uncovered Spaces8
Site FeaturesCable TV, Deck, High Speed Internet, Patio
Water SourcePublic
Waterfront Y/NNo
Additional Details
Price History
Schools
High School
North Beach High
Middle School
North Beach Mid
Elementary School
Buyer To Verify Elementary School