671 Sunset AVE Ocean Shores, WA98569

$334,000
4 total units
4 total bedrooms
4 total bathrooms
$40,151 annual income
Capitilization Rate: 5.23
3368 total sq. ft
10,000 to 14,999 SqFt
Zoning: MF
1495 days on market

VestorFilter™

Price per unit$83.5K/unit
Price per ft²$99.17/ft²
Price per acre$1.42M/ac
Price per bedroom$83.5K/bed
Time on market1495 days

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.

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Financial Data

Date Sold2020-07-10
Sold Price$334,000
Original Price$399,999
Current Price$334,000
Property Taxes$2,823

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Home Facts

StatusSold
Year Built2000
Exterior Features
MLS ID20159771

Unit Details

Unit 1
Unit 2
Unit 3
Unit 4