405 N Ocean Bch Blvd

    Long Beach, WA 98631
    • $575,000
    • STATUS: Active
    • ON SITE: 132 days
    • MLS #: 20612013
    UPDATED: 29 min ago
    $575,000
    • 6
      BEDS
    • N/A
      ACRES
    • 8
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1940
    County:

    School Information

    Middle School:

    Description

    Excellent cash flowing multi-family investment opportunity! Enjoy a fully leased property with a mix of five studios and three 2 bedroom apartments. A short walk to the beach, the Arcadia Inn is well known in this vibrant NW beach community comfortable place to live.

    Monthly Payment Calculator



    Listing content is copyright © 2020 RMLS™, Portland, Oregon. The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Song Real Estate - Hybrid Real Estate are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Data last updated 2020-05-29T06:59:27.233.Data deemed reliable but not guaranteed. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed accurate by RMLS™ or Song Real Estate - Hybrid Real Estate and should be independently verified.
    www.songrealestate.com/homes/102388771

    405 N Ocean Bch Blvd Long Beach, WA 98631

    • Price: $575,000
    • Status: Active
    • Updated: 29 min ago
    • MLS #: 20612013
    6
    Beds
    8
    Baths
    0
    ½ Baths
    N/A
    Acres
    1940
    Built
    Neighborhood:
    087-Pacific County
    County:
    Pacific
    Area:
    087-Pacific County
    Middle School:
    Ilwaco
    Property Description
    Excellent cash flowing multi-family investment opportunity! Enjoy a fully leased property with a mix of five studios and three 2 bedroom apartments. A short walk to the beach, the Arcadia Inn is well known in this vibrant NW beach community comfortable place to live.
    Exterior Features

    Lot Description Level Lot Size 10000 To 14999 Sqft Roof Type Composition View YN No Water Description Public

    Interior Features

    Foundation Details Slab Heating Description Baseboard Hot Water Description Electricity

    Property Features

    Bank Owned YN No Capitalization Rate 7.05 Country Us Fuel Description Electricity Gross Income Actual 69150 Gross Rent Multiplier 8.32 Net Income Actual 45817 Operating Expenses Actual 23333 Property Condition Approximately Rent Includes Trash CollectionSewerWater Seller Disclosure Disclosure Sewer Description Public Sewer Short Sale YN No Tax Amount 2651.11 Third Party Approval YN No Unit Type1 Rent 625 Unit Type1 Units Total 5 Unit Type2 Rent 1000 Unit Type2 Units Total 1 Unit Type3 Rent 825 Unit Type3 Units Total 1 Unit Type4 Rent 900 Unit Type4 Units Total 1 Zoning Com Sf

    Listing provided courtesy of Premiere Property Group, Llc.


    Listing content is copyright © 2020 RMLS™, Portland, Oregon. The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Song Real Estate - Hybrid Real Estate are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Data last updated 2020-05-29T06:59:27.233.Data deemed reliable but not guaranteed. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed accurate by RMLS™ or Song Real Estate - Hybrid Real Estate and should be independently verified.
     
    Song Real Estate - Hybrid Real Estate
    88082 Territorial Road
    Veneta OR, 97487