510 N Ocean Beach Blvd, Long Beach, WA 98631 - MLS#2309703

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ONE Real Estate

broker@1realty.com +1(360) 201-0908

Listed by Kelly Right RE of Seattle LLC

$ 456,000

Est. payment -/mo

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Active

510 N Ocean Beach Blvd Long Beach, WA 98631

4 Beds

2 Baths

1,360 SqFt

UPDATED:

11/14/2024 02:43 AM

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

Interior Features Laminate

Flooring Laminate

Fireplace false

Exterior

Exterior Feature Wood Products

Amenities Available High Speed Internet

Waterfront No

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

Senior Community No

Acceptable Financing Conventional, FHA

Listing Terms Conventional, FHA

"Three Trees" icon indicates a listing provided courtesy of NWMLS.

ONE Real Estate

Broker

+1(360) 201-0908

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