James & Angie Smith

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Listing provided courtesy of Washington Coast Real EstateNWMLSas Distributed by MLSGrid- MLS# NWM2211397MLS Provider

665 Sunset AvenueOcean Shores, WA 98569

Multi-Family · 12 Beds · 5,204 Sq. ft. | 0.23 Acres
$770,000 Active

665 Sunset Avenue Overview

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Multi Family Investment property in Ocean Shores! Exciting opportunity on this popular townhome style 4 unit building with room to expand. All 4 units have been beautifully remodeled to include 3 bedrooms and 1.5 bathrooms each. 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 & full bath/laundry on 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!

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665 Sunset Avenue Facts & Features

  • Type Multi-Family
  • Sq. ft. 5,204
  • Price/Sq.ft. $148
  • Lot 0.23 Acres

Details

General

Association/HOA

  • Association Fee: $0.00

School Information

  • School District: North Beach
  • Elementary School: Buyer To Verify
  • Middle Or Junior School: North Beach Mid
  • High School: North Beach High

Income/Expenses

  • Other Expense: 165
  • Electric Expense: 0
  • Fuel Expense: 0
  • Gross Scheduled Income: 55800
  • Insurance Expense: 1400
  • Net Operating Income: 44922
  • Total Expenses: 10878
  • Total Monthly Income: 4650
  • Water/Sewer/Garbage: 6120

Building Information

  • Building Name: DIV 24
  • New Construction: No
  • Year Built: 1979

Location/Region

  • Country: US
  • County Or Parish: Grays Harbor
  • MLS Area Major: 194 - Ocean Shores
  • Subdivision Name: Ocean Shores

Tax Information

  • Tax Annual Amount: $3,193.00
  • Tax Year: 2024

General Information

  • Listing Terms: Cash, Conventional, FHA, USDA Loan, VA Loan
  • Parcel Number: 095101200800
  • Possible Use: Multi-Family,Residential
  • Property Condition: Good
  • Property Sub Type: Multi Family
  • Property Type: Residential Income
  • Senior Community: No
  • Special Listing Conditions: None

Interior

Parking Information

  • Garage Spaces: 3

Beds/Baths

  • Bedrooms Upper: 0

Building Interior

  • Building Area Total: 5204
  • Building Area Units: Square Feet
  • Calculated Square Footage: 5204
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0

General Information

  • Cooling: No
  • Fireplace: No
  • Fireplaces Total: 0
  • Flooring: Ceramic Tile, Laminate, Vinyl, Vinyl Plank
  • Foundation Details: Poured Concrete, Slab
  • Heating: Yes
  • Leasable Area: 4084
  • Living Area: 0
  • Main Level Bathrooms: 0
  • Power Production Type: Electric
  • Stories Total: 2

Exterior

Parking Information

  • Open Parking Spaces: 8
  • Open Parking: Yes
  • Parking Uncovered Spaces: 8

Lot Information

  • Irrigation Water Rights: No
  • Lot Features: Paved
  • Lot Size Acres: 0.2296
  • Lot Size Dimensions: 100x100
  • Lot Size Square Feet: 10000
  • Lot Size Units: Square Feet
  • Site Features: Cable TV, Deck, High Speed Internet, Patio
  • Elevation Units: Feet
  • Water Source: Public

Waterfront/View

  • Waterfront: No

Building Exterior/Construction

  • Construction Methods: Standard Frame
  • Roof: Composition
  • Structure Type: Quadruplex

General Information

  • Carport Spaces: 0
  • Carport: No
  • Covered Spaces: 0
  • Exterior Features: Metal/Vinyl, Wood Products
  • Number Of Units Total: 4
  • Sewer: Sewer Connected

Unit Information

Unit 2 Details

  • Actual Rent: 1000
  • Beds Total: 3
  • Baths Total: 2

Unit 4 Details

  • Actual Rent: 1000
  • Beds Total: 3
  • Baths Total: 2

Unit 3 Details

  • Actual Rent: 1250
  • Beds Total: 3
  • Baths Total: 2

Unit 1 Details

  • Actual Rent: 1400
  • Beds Total: 3
  • Baths Total: 2

665 Sunset Avenue Neighborhood

Community

98569 (Ocean Shores) Demographics

62
Median Age
168
Population Density (per sq. mile)
30%
College Educated
$47,399
Estimated Median Income
2,674
Estimated Total Home Owners
739
Estimated Total Renters
78% / 22%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

665 Sunset Avenue Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

665 Sunset Avenue Market Data

Based on the last 30 days in this zip code

$422,159
Average List Price
$294
Average Price per Square Foot
28
Properties Sold
119
Average Days on Market
354
Properties for Sale
Calculations provided by Reliance Network

665 Sunset Avenue History

Date Event Value Agent
7/5/2024Source: NWMLS Price Increase
$770,000 0.7%
3/16/2024Source: NWMLS Added to Database
March 16, 2024
6/20/2022Source: NWMLS Added to Database
June 01, 2021