Listed by North Beach Realty OS LLC
$749,900
$20K PRICE DROP

621 Sunset Ave NE Ocean Shores, WA 98569

Estimated payment $4,477/month

Total Views 4,458
11 Beds
6 Baths
5,776 Sq Ft
$130 Price per Sq Ft

Highlights

  • Territorial View
  • High Speed Internet
  • Carpet
  • No HOA
  • Wood Siding

About This Home

This well-maintained 6-unit apartment building, situated on two stories, offers a fantastic investment opportunity with a solid rental history and minimal vacancies. Each of the six units is approximately 900 square feet, featuring two bedrooms, one bath, and essential appliances, including a range and refrigerator. Tenants also benefit from ample parking, ensuring convenience for all. Located near amenities, this property has the added advantage of having all road and sewer assessments fully paid, making it a hassle-free addition to any investment portfolio. With its track record of consistent occupancy and well-kept condition, it represents a steady income potential in a prime location.

Listing Agent

Cindy Thuirer

North Beach Realty OS LLC License #25094 Listed on: 11/14/2024

North Beach Realty OS LLC

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2308574

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,789

Year Built

  • Built in 1998

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 79x123x78x125
  • Property is in good condition

Home Design

  • Poured Concrete
  • Composition Roof
  • Wood Siding
  • Wood Composite

Interior Spaces

  • 5,776 Sq Ft Home
  • 2-Story Property
  • Territorial Views

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 11 Bedrooms
  • 6 Bathrooms

Parking

  • 9 Parking Spaces
  • Open Parking

Schools

  • Ocean Shores Elementary School
  • North Beach Mid Middle School
  • North Beach High School

Utilities

  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Ocean Shores Subdivision

Listing and Financial Details

  • Legal Lot and Block 22 / 12
  • Assessor Parcel Number 095101202200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,789

Year Built

Built in 1998

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • StyleCode: 55 - 5-9 Units
  • Year Built: 1998
  • MLS Status: Active
  • Prev Status: Active
  • Building Name: 24
  • New Construction: No
  • CalculatedSquareFootage: 5776
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None
  • Cumulative Days on Market: 290

Interior Features

  • Possible Use: Multi-Family
  • Total Bedrooms: 11
  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullUpper: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsUpper: 0
  • Amenities: Coin Op Laundry

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Paved
  • View: Yes
  • Waterfront: No
  • Construction Type: Wood
  • Exterior Features: Wood, Wood Products
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: Multi Family

Garage/Parking

  • Carport Y N: No
  • Open Parking Spaces: 9
  • Open Parking: Yes
  • Total Parking Spaces: 9
  • ParkingUncoveredSpaces: 9

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Cooling: None
  • Cooling Y N: No
  • Heating Yn: Yes
  • PowerCompany: GH PUD
  • SewerCompany: City of Ocean Shores
  • WaterCompany: City of Ocean Shores
  • CableConnected: Coast Communication
  • InternetConnected: Coast Communication
  • WaterSewerGarbage: 6590.04

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: North Beach
  • High School: North Beach High
  • Middle Or Junior School: North Beach Mid

Lot Info

  • Parcel Number: 095101202200
  • Lot Size Acres: 0.23
  • Lot Size: 79x123x78x125
  • Lot Size Sq Ft: 10019
  • Zoning Description: Multi-Family
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • SiteFeatures: Cable TV,High Speed Internet
  • MLSLotSizeSource: Realist
  • MLSSquareFootageSource: Public Records
  • ZoningJurisdiction: City
  • LotNumber: 22

Green Features

  • Power Production Type: Electric

Rental Info

  • GrossRentMultiplier: 13.37
  • LeasedItems: Washer/Dryer
  • TotalMonthlyIncome: 5140

Multi Family

  • Gross Scheduled Income: 57600
  • Net Operating Income: 38600
  • Number Of Units Total: 6
  • Electric Expense: 780
  • Insurance Expense: 3041.76
  • Leasable Area: 5600
  • EnergySource: Electric
  • UnitsInBuildingTotal: 6
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2024
  • Tax Annual Amount: 4789

MLS Schools

  • Elementary School: Ocean Shores Elem

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/12/2025 02/12/25 Price Changed $749,900 -2.6% $130 / Sq Ft
11/14/2024 11/14/24 For Sale $770,000 +220.8% $133 / Sq Ft
05/29/2015 05/29/15 Sold $240,000 -26.2% $43 / Sq Ft
03/27/2015 03/27/15 Pending -- -- --
09/23/2014 09/23/14 For Sale $325,000 -- $58 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

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Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2308574

Northwest Multiple Listing Service (NWMLS)

APN: 095101202200