665 Sunset Avenue, Ocean Shores, WA 98569
- $770,000
- 5,204
- SqFt
Listing courtesy of Washington Coast Real Estate.
- List Price
- $770,000
- Status
- ACTIVE
- MLS#
- 2211397
- Price Change
- ▲ $5,000 1720229736
- Days on Market
- 870
- Style
- 54 - 4-Plex
- Building Condition
- Good
- Finished SqFt
- 5,204
- Area Total SqFt
- 5204
- Annual Tax Ammount
- 3193
- Internet Provider
- Coastal Communications
- Lot Size (sq ft)
- 10,000
- Sewer
- Sewer Connected
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!
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Additional Information
- List Date
- 2024-03-10 17:58:12
- Community
- Ocean Shores
- Net Operating Income
- $44,922
- Gross Adjusted Income
- $55,800
- Gross Scheduled Income
- $55,800
- Total Monthly Income
- $4,650
- Insurance Expenses
- $1,400
- Water/Sewer/Garbage Expenses
- $6,120
- Gross Rent Multiplier
- 13.7
- Total Expenses
- $10,878
- Cap Rate
- 5.8
- Total Number of Units
- 4
- Unit Name
- 665
- Potential Terms
- Cash, Conventional, FHA, USDA Loan, VA Loan
- Year Built
- 1979
- View
- Territorial
- Roof
- Composition
- Site Features
- Cable TV, Deck, High Speed Internet, Patio
- Other Expenses
- 165
- Energy Source
- Electric
- School District
- North Beach
- Elementary School
- Buyer To Verify
- Middle School
- North Beach Mid
- High School
- North Beach High
- Total Monthly Income
- $4,650
- Gross Scheduled Income
- $55,800
- Gross Adjusted Income
- $55,800
- Tax Year
- 2024
- Insurance Expense
- $1,400
- W/S/G Expenses
- $6,120
- Total Expenses
- $10,878
- Net Operating Income
- $44,922
- Gross Rent Multiplier
- 13.7
- Cap Rate
- 5.8
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.