Bought with Pacific Realty
$1,950,000
$2,200,000
11.4%For more information regarding the value of a property, please contact us for a free consultation.
0.69 Acres Lot
SOLD DATE : 03/03/2021
Key Details
Sold Price $1,950,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Long Beach
MLS Listing ID 1679100
Style 56 - 10+ Units
Year Built 1981
Annual Tax Amount $9,468
Lot Size 0.690 Acres
Property Sub-Type Multi-Family
Property Description
Excellent investment opportunity updated/remodeled in June 2020. 16 apartment complex in the heart of Long Beach.
Walking distance to beach, downtown, bus-line, restaurants. 3 bedroom unit, 9 two. bedroom units, 5 one bedroom units, 1 studio unit. Large corner lot with ample parking. 7.13 cap rate. 18,250 monthly rent. Seller pays water and garbage. New flooring,New paint, New kitchens, New bathrooms, New appliances in majority of units.
Location
State WA
County Pacific
Area _930Southpacificco
Interior
Flooring Laminate
Exterior
Exterior Feature Wood
Utilities Available Sewer Connected, Electric
View Y/N No
Roof Type Flat
Building
Lot Description Corner Lot
Sewer Sewer Connected
New Construction No
Schools
Elementary Schools Long Beach Elem
Middle Schools Ilwaco Jnr High
School District Ocean Beach
Others
Acceptable Financing Cash Out, Conventional
Listing Terms Cash Out, Conventional
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