Listed by Washington Coast Real Estate
$770,000
$5K PRICE INCREASE

665 Sunset Ave NE Ocean Shores, WA 98569

Estimated payment $4,454/month

Total Views 8,854
9 Beds
8 Baths
4,084 Sq Ft
$189 Price per Sq Ft

Highlights

  • Deck
  • No HOA
  • Ceramic Tile Flooring
  • Territorial View
  • Patio
  • Baseboard Heating

About This Home

Multi Family Investment property in Ocean Shores! Exciting opportunity on this popular townhome style 4 unit building with room to expand. Smart investors know that if you can add a bedroom that brings more income. These 4 units each have 2bed/1.5 bath & a garage so the owner has converted the garage in 1 unit to add a 3rd bedroom. This will be a good way to increase the value & add to the already solid monthly income. Two story units kitchen/living/1.5 bath on main floor & bedrooms/full bath/laundry own the second floor. All units are rented & many updates have been done to make these wonderful homes attractive. Downtown amenities are within walking distance as well as the beach, canals & lakes. All great attractions to Ocean Shores!

Listing Agent

David Shea

Washington Coast Real Estate License #77524 Listed on: 03/10/2024

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2211397

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,193

Year Built

  • Built in 1979

Lot Details

  • 10,000 Sq Ft Lot
  • Lot Dimensions are 100x100
  • Property is in good condition

Home Design

  • Quadruplex
  • Slab Foundation
  • Poured Concrete
  • Composition Roof
  • Vinyl Construction Material
  • Wood Composite

Interior Spaces

  • 4,084 Sq Ft Home
  • 2-Story Property
  • Territorial Views

Flooring

  • Laminate
  • Ceramic Tile
  • Vinyl Plank
  • Vinyl

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 8 Bathrooms

Parking

  • 8 Parking Spaces
  • 3 Covered Spaces
  • Open Parking

Outdoor Features

  • Deck
  • Patio

Schools

  • North Beach Mid Middle School
  • North Beach High School

Utilities

  • Baseboard Heating
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Div 24 Condos
  • Ocean Shores Subdivision

Listing and Financial Details

  • Legal Lot and Block 8 / 12
  • Assessor Parcel Number 095101200800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,193

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • StyleCode: 54 - 4-Plex
  • Year Built: 1979
  • MLS Status: Active
  • Prev Status: Active
  • Building Name: DIV 24
  • New Construction: No
  • CalculatedSquareFootage: 4084
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None
  • Cumulative Days on Market: 539

Interior Features

  • Possible Use: Multi-Family, Residential
  • Total Bedrooms: 9
  • Fireplace: No
  • Flooring: Ceramic Tile, Laminate, Vinyl, Vinyl Plank
  • Interior Amenities: Ceramic Tile, Laminate
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullUpper: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsUpper: 0

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Paved
  • View: Yes
  • Waterfront: No
  • Construction Type: Metal/Vinyl, Wood
  • Exterior Features: Metal/Vinyl, Wood Products
  • Foundation Details: Poured Concrete, Slab
  • Property Condition: Good
  • Structure Type: Quadruplex
  • ConstructionMethods: Standard Frame
  • WaterAccess: Non-Deeded Access

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 3
  • Open Parking Spaces: 8
  • Open Parking: Yes
  • Total Parking Spaces: 8
  • ParkingUncoveredSpaces: 8

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard
  • Heating Yn: Yes
  • PowerCompany: GH PUD
  • SewerCompany: City of Ocean Shores
  • WaterCompany: City of Ocean Shores
  • CableConnected: Coastal Communications
  • InternetConnected: Coastal Communications
  • WaterSewerGarbage: 6120

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Fee Information

  • NWM_OtherDuesOrFeesYN: false

Schools

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

Lot Info

  • Parcel Number: 095101200800
  • Lot Size Acres: 0.2296
  • Lot Size: 100x100
  • Lot Size Sq Ft: 10000
  • Zoning Description: Multi-Family,Residential
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,High Speed Internet,Patio
  • MLSLotSizeSource: County
  • MLSSquareFootageSource: County
  • ZoningJurisdiction: City
  • LotNumber: 8

Green Features

  • Power Production Type: Electric

Rental Info

  • GrossRentMultiplier: 13.7
  • LeasedItems: None
  • TotalMonthlyIncome: 4650

Multi Family

  • Gross Scheduled Income: 55800
  • Net Operating Income: 44922
  • Number Of Units Total: 4
  • Insurance Expense: 1400
  • Leasable Area: 4084
  • EnergySource: Electric
  • UnitsInBuildingTotal: 4
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2024
  • Tax Annual Amount: 3193

MLS Schools

  • Elementary School: Buyer To Verify

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
10/23/2024 10/23/24 For Sale $770,000 0.0% $189 / Sq Ft
10/18/2024 10/18/24 Off Market $770,000 -- --
07/05/2024 07/05/24 Price Changed $770,000 +0.7% $189 / Sq Ft
03/10/2024 03/10/24 For Sale $765,000 +194.2% $187 / Sq Ft
07/29/2020 07/29/20 Sold $260,000 0.0% $64 / Sq Ft
04/05/2020 04/05/20 Pending -- -- --
04/05/2020 04/05/20 For Sale $260,000 0.0% $64 / Sq Ft
03/30/2020 03/30/20 Pending -- -- --
03/26/2020 03/26/20 For Sale $260,000 -- $64 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

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Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2211397

Northwest Multiple Listing Service (NWMLS)

APN: 095101200800