101 Pacific Ave S

    Long Beach, WA 98631
    • $899,950
    • STATUS: Pending
    • ON SITE: 55 days
    • ID#: 1545136
    Under Contract
    UPDATED: 45 min ago
    $899,950
    • 0
      BEDS
    • 0.1
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    Built:
    1926
    County:

    School Ratings & Info

    Listing Courtesy of Theory Real Estate.

    Description

    Take a look at this INCREDIBLE once-in-a-lifetime investment opportunity on the prime traffic corner of the Long Beach Peninsula. This unique property has 8 renovated units total: 2 commercial units, a 2 bedroom apartment, 4 beautiful studio units & an 'Owner's Studio' that is fully furnished & can also be used as a vacation rental for added income. Coin operated washer/dryer. All tenants are great! Actual numbers have this property operating at over a 7.5% Cap Rate!

    Monthly Payment Calculator



    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 Ben Kinney Real Estate Team - 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 2020-01-29T16:15:17.86.

    www.home4investment.com/homes/101447678

    101 Pacific Ave S Long Beach, WA 98631

    • Price: $899,950
    • Status: Pending
    • Updated: 45 min ago
    • ID#: 1545136
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.1
    Acres
    1926
    Built
    Neighborhood:
    Long Beach
    County:
    Pacific
    Area:
    Pacific County
    Property Description
    Take a look at this INCREDIBLE once-in-a-lifetime investment opportunity on the prime traffic corner of the Long Beach Peninsula. This unique property has 8 renovated units total: 2 commercial units, a 2 bedroom apartment, 4 beautiful studio units & an 'Owner's Studio' that is fully furnished & can also be used as a vacation rental for added income. Coin operated washer/dryer. All tenants are great! Actual numbers have this property operating at over a 7.5% Cap Rate!
    Exterior Features

    Exterior Wood Lot Depth 90 Lot Dimensions 50 X 90 Lot Topography And Vegetation Level Roof Flat Site Frontage 50 Style 61 - Comm Bldg Ovr 10K Total Covered Parking Spaces 0 Total Uncovered Parking Spaces 5 Waterfront Footage 0

    Interior Features

    Building Sq Ft 6144 Office Sq Ft 0 Total Sq Ft Rented 0

    Property Features

    Assessed Value Improvements 0 Assessed Value Land 0 Assessed Value Total 0 Assessed Value Year 0 Available Pads 0 Bank Owned No Boundary Survey 7.32 Electrical Expenses 0 Energy Source Electric EPSEnergy 0 Form17 Provided Free And Clear N General Zoning Classification BusinessOfficeResidentialRetail Gross Adjusted Income 91121 Gross Rent Multiplier 9 Gross Scheduled Income 97980 Heating Expenses 0 Hers Index 0 Home Owner Dues 0 Insurance Expenses 7114 Net Operating Income 65846 Other Expenses 4899 Possession Closing Power Service Amps 0 Right Of First Refusal No Sewer Sewer Connected Tax Amount 4143 Tax Year 2019 Terms Cash OutConventional Third Party Approval Required None Total Expenses EXP 25275 Total Expenses TEX 25275 Total Monthly Rent 0 Vacancy Rate 7 Water Sewer Garbage 9120 Water Source Public Zoning Jurisdiction City

    Listing information © 2020 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 Ben Kinney Real Estate Team - 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 Ben Kinney Real Estate Team - 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 2020-01-29T16:15:17.86.

     
    Ben Kinney Real Estate Team - Keller Williams Western Realty
    2211 Rimland Drive Suite 124
    Bellingham WA, 98226
    Listing Courtesy of Theory Real Estate.