810 S Holladay DR Seaside, OR97138

$501,000
4 total units
4 total bedrooms
2 total bathrooms
$50,400 annual income
Capitilization Rate: 6.25
3514 total sq. ft
10,000 to 14,999 SqFt
Elementary School: Pacific Ridge
Middle School: Seaside
High School: Seaside
Zoning: C3
1195 days on market

VestorFilter™

Price per unit$125.3K/unit
Price per ft²$142.57/ft²
Price per acre$2.13M/ac
Price per bedroom$125.3K/bed
Time on market1195 days

Property Description

810 S Holladay Dr. Units 5-8 Prime location! Tenants enjoy enclosed parking, river views, and being close to all the amenities Seaside has to offer! All units are 2 bedroom + 1 bath. This 4-plex boasts a current cap rate of 6.4%. The cap rate can boost up to 8.1% with an estimated $100,000 in improvements and bringing rents up to the market value of $1500-$1600. Great investment opportunity, live in one unit while you fix up the rest. Call today to schedule your showing!

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Financial Data

Date Sold2021-04-02
Sold Price$501,000
Original Price$550,000
Current Price$501,000
Property Taxes$5,304

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Home Facts

StatusSold
Year Built1973
Stories2
Exterior Features
MLS ID21154608

Unit Details

Unit 1
Unit 2