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812 Minard Avenue NW

Ocean Shores, WA 98569
  • $495,000
  • STATUS: Pending
  • ON SITE: 41 Days
  • ID#: 1853971
Under Contract
UPDATED: 41 min ago
$495,000
  • 0
    BEDS
  • 0.24
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,560
    SQFT
  • $193
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1978
County:
Area:

School Information

Elementary School:
Middle School:
High School:
School District:
Listing Courtesy of Windermere R.E. Ocean Shores.

Description

Well maintained 4 plex in the heart of downtown Ocean Shores. Great location. Walk to everything. Zoned commercial which allows for monthly or nightly rentals. Current rents are below market rates. Rents should average $850 per month which would generate over $40,000 annually. There is additional expansion possibilities on South half of lot. Possibly room for another 4 plex. Separate small building houses coin operated laundry that generates an additional $150 per month. There are 2 - 2 bedroom units and 2 - 1 bedroom units. All units have full kitchens and baths. Paved parking in front of units.

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The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Keller Williams Western Realty are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2021-11-26T18:14:27.203.

www.kwbellingham.net/homes/122414445
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812 Minard Avenue NW Ocean Shores, WA 98569

  • Price: $495,000
  • Status: Pending
  • On Site: 41 Days
  • Updated: 41 min ago
  • ID#: 1853971
0
Beds
0
Baths
0
½ Baths
0.24
Acres
2,560
SQFT
$193
$/SQFT
1978
Built
Neighborhood:
Ocean Shores
County:
Grays Harbor
Area:
Ocean Shores
Elementary School:
Ocean Shores Elem
Middle School:
North Beach Mid
High School:
North Beach High
School District:
North Beach
Property Description
Well maintained 4 plex in the heart of downtown Ocean Shores. Great location. Walk to everything. Zoned commercial which allows for monthly or nightly rentals. Current rents are below market rates. Rents should average $850 per month which would generate over $40,000 annually. There is additional expansion possibilities on South half of lot. Possibly room for another 4 plex. Separate small building houses coin operated laundry that generates an additional $150 per month. There are 2 - 2 bedroom units and 2 - 1 bedroom units. All units have full kitchens and baths. Paved parking in front of units.
Exterior Features

Carport Spaces 0 Carport YN No Covered Spaces 0 Exterior Features Wood Products Lot Features Paved Lot Size Dimensions 123 X 75 X 120 X 100 Open Parking Spaces 4 Open Parking YN Yes Parking Total 4 Parking Uncovered Spaces 4 Roof Composition Structure Type Quadruplex Style Code 54 - 4-Plex View Territorial View YN Yes Waterfront YN No

Interior Features

Building Area Total 2560 Fireplace YN No Flooring VinylCarpet Furnished Unfurnished Heating Cooling Type Baseboard Heating YN Yes Living Area 0 Square Footage Finished 0 Square Footage Unfinished 0

Property Features

Electric On Property YN No Energy Source Electric FIRPTAYN No First Right Of Refusal No Foundation Details Poured Concrete Irrigation Water Rights YN No Listing Terms Cash OutConventional Net Operating Income 20015 New Construction YN No Possession Closing Possible Use Commercial Power Company Gh Pud Power Production Type Electric Property Condition Good Property Sub Type Multi-Family Senior Community YN No Sewer Sewer Connected Sewer Company City Of Ocean Shores Site Features Shop Special Listing Conditions None Tax Annual Amount 2408 Tax Year 2021 Units In Building Total 4 Utilities Sewer ConnectedElectricity Available Water Company City Of Ocean Shores Water Source Public Zoning Class Commercial Zoning Jurisdiction City

Listing information © 2021 Northwest Multiple Listing Service. Information is based on data available to the associate, including county records. The information contained in this listing has not been verified by Keller Williams Western Realty and should be verified by the buyer.


The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Keller Williams Western Realty are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2021-11-26T18:14:27.203.

 
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Keller Williams Western Realty
2211 Rimland Drive, Suite 124
Bellingham WA, 98226
Listing Courtesy of Windermere R.E. Ocean Shores.