1029 S Sand Dune AVE SW Active

Ocean Shores,WA 98569

$ 990000

7 Beds

7 Baths

5698 SqFt


Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 5,698 sqft

Price per Sqft $173

Subdivision Ocean Shores

MLS Listing ID 2378514

Style 53 - Tri-plex

Bedrooms 7

Year Built 2005

Annual Tax Amount $5,363

Lot Size 0.320 Acres

Property Sub-Type Multi Family

Property Description

Oceanfront tri-plex in Ocean Shores offering strong income performance and stunning sunset views from three ocean-facing decks. Two units are occupied by long term (9+ years) tenants and the third unit just started a 1 year lease. Fully rented, the property now delivers a solid 6.7% cap rate. Located in a quiet, non-short term rental area, it offers stable, long-term rental appeal. An excellent option for investors seeking a turnkey asset and ideal for those identifying a replacement property for a 1031 exchange.

Location

State WA

County Grays Harbor

Area 194 - Ocean Shores

Interior

Flooring Ceramic Tile,Laminate,Vinyl,Vinyl Plank,Carpet

Exterior

Exterior Feature Cement Planked

Amenities Available Deck,Propane,Rooftop Deck

View Y/N Yes

View Ocean

Roof Type Composition

Building

Lot Description Adjacent to Public Land,Paved

Sewer Sewer Connected

Water Public

New Construction No

Schools

Elementary Schools Ocean Shores Elem

Middle Schools North Beach Mid

High Schools North Beach High

School District North Beach

Others

Acceptable Financing Cash Out,Conventional

Listing Terms Cash Out,Conventional

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