510 N Ocean Beach Blvd Active Save Request In-Person Tour Request Virtual Tour
Long Beach,WA 98631
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 1,360 sqft
Price per Sqft $335
Subdivision Long Beach
MLS Listing ID 2309703
Style 52 - Duplex
Bedrooms 4
Year Built 1940
Annual Tax Amount $1,158
Lot Size 2,500 Sqft
Property Description
Turnkey Rental Property! 2 Units, each apprx. 640sf. 100% occupancy for 5 years. Ground up remodeled incl foundation. Modest interiors feature new kitchens with dishwasher, bth rms, washers/dryers, ceiling fans. No builder-grade anything. Easy to maintain lot, off street parking, room for a garage or shelter, close to beach, downtown Long Beach business district and restaurants. Proven income producer, current cap rate of 3.75 but expenses currently include water, garbage, lawn svc and property management. Cap rate will rise w/a more hands-on landlord. Long term/stable tenant in 512 will stay if allowed. Split use as beach get-away for one unit and the other as rental is certainly possible. Your rental will mostly pay for your home!
Location
State WA
County Pacific
Area 930 - South Pacific County
Interior
Flooring Laminate
Exterior
Exterior Feature Wood Products
Amenities Available High Speed Internet
View Y/N No
Roof Type Metal
Building
Lot Description Corner Lot
Sewer Sewer Connected
New Construction No
Schools
Elementary Schools Long Beach Elem
Middle Schools Ilwaco Jnr High
High Schools Ilwaco Snr High
School District Ocean Beach
Others
Acceptable Financing Conventional,FHA
Listing Terms Conventional,FHA