665 Sunset Avenue

Ocean Shores, WA 98569

$765,000
Price
9
Beds
6
Baths
4,084 Sq. Ft.
$187 / Sq. Ft.
4,084
Sq. Ft.
$187
per Sq. Ft.

Description

Multi Family Investment property in Ocean Shores! Exciting opportunity on this popular townhome style 4 unit building with room to expand. Smart investors know that if you can add a bedroom that brings more income. These 4 units each have 2bed/1.5 bath & a garage so the owner has converted the garage in 1 unit to add a 3rd bedroom. 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 & bedrooms/full bath/laundry...Multi Family Investment property in Ocean Shores! Exciting opportunity on this popular townhome style 4 unit building with room to expand. Smart investors know that if you can add a bedroom that brings more income. These 4 units each have 2bed/1.5 bath & a garage so the owner has converted the garage in 1 unit to add a 3rd bedroom. 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 & bedrooms/full bath/laundry own 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!
  1. Listed by David Shea • Washington Coast Real Estate

Property Details for 665 Sunset Avenue

Community Name
Ocean Shores
School District
North Beach
View
Territorial
Number of Assigned Spaces
8
Total Covered Parking
3
Entry Date
03-10-2024
Energy Source
Electric
Sewer
Sewer Connected

Location

Listing Courtesy of Washington Coast Real Estate
Add your commute
LISTING UPDATED: 04/15/2024 05:32 PM

Property Details for 665 Sunset Avenue

StatusActive
MLS #2211397
Days on Market52
Cumulative Days on Market51
Taxes$3,193 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1979
Lot Size0.23 AC / 10,000 SF
CountyGrays Harbor County

Location

Listing Courtesy of Washington Coast Real Estate
Add your commute

Building Information for 665 Sunset Avenue

Stories2Residences4Year Built1979Building Size-Lot Size0.23 AC / 10,000 SF

Payment Calculator

$4,441 per month

30 year fixed, 7.25% Interest

Principal and Interest

$4,175

Property Taxes

$266

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 665 Sunset Avenue

Summary
Location and General Information
  • Style: 54 - 4-Plex
  • Site Features: Cable TV, Deck, High Speed Internet, Patio
  • Area: 194 - Ocean Shores
  • Block: 12
  • Elementary School: Buyer To Verify
  • Middle Or Junior School: North Beach Mid
  • High School: North Beach High
  • Effective Year Built Source: Public Records
  • Directions: Head south on Point Brown Ave NW. Turn onto E Chance A La Mer NE at the roundabout. Turn right onto Sunset Ave NE. Building is on the right.
  • Leased Items: None
  • Property Sub Type: MULT
  • View: Yes
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2024
Parking
  • Number of Carport Spaces: 0.0
  • Carport: No
  • Open Parking Spaces: 8.0
  • Open Parking: Yes
Interior and Exterior Features
Interior Features
  • Floor Covering: Ceramic Tile, Laminate, Vinyl, Vinyl Plank
  • Features: Ceramic Tile, Laminate
  • Cooling: No
  • Cooling: None
  • Fireplace: No
  • Heating: Yes
  • Heating: Baseboard
  • FIRPTA: No
Exterior Features
  • Exterior: Metal/Vinyl, Wood Products
  • Roof: Composition
Property
Utilities
  • Water Source: Public
  • Water/Sewer/Garbage: 6120
  • Power Company: GH PUD
  • Sewer Company: City of Ocean Shores
  • Water Company: City of Ocean Shores
  • Power Production Type: Electric
Property and Assessments
  • New Construction YN: No
  • Zoning Jurisdiction: City
  • Foundation: Poured Concrete, Slab
  • Zoning Class: Multi-Family,Residential
  • Construction Methods: Standard Frame
  • First Right Of Refusal: false
  • Possible Use: Multi-Family, Residential
  • Letter On File: Duplicate Prop Type
  • MLS Square Footage Source: County
  • Preliminary Title Ordered: Yes
  • Senior Community: No
  • Special Listing Conditions: None
  • Year Built Effective: 1979
  • Photos Count: 39
Lot Information
  • Lot Details: Paved
  • Lot Size Dimensions: 100x100
  • Lot Number: 8
  • Lot Size Source: County
  • Parcel Number Free Text: 095101200800
  • Building Condition: Good
  • Calculated Square Footage: 4084
  • Structure Type: Quadruplex
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 4084.0
  • Building Area Units: Square Feet
  • Property Type: Residential Income
  • Elevation Units: Feet
  • Irrigation Water Rights: No
  • Water Access: Non-Deeded Access
Multi Family
Building Details
  • Number of Uncovered Spaces: 8
  • Number of Stories in Building: 2
  • Vacancy Rate: 0
  • Number Of Units Total: 4
  • Units Below Grade: false
  • Units In Building Total: 4
Financing / Income and Expenses
  • Electric Expense: $0
  • Total Expenses: 10878
  • Gross Adjusted Income: 55800
  • Gross Rent Multiplier: 13.7
  • Gross Scheduled Income: $55,800
  • Insurance Expense: $1,400
  • Net Operating Income: $4,492,220
  • Other Expenses: $165
  • Total Monthly Income: 4650
  • Fuel Expense: $0
Unit 1
  • Name Unit 1: 100
  • Range/Oven Unit 1: true
  • Refrigerator Unit 1: true
  • Dishwasher Unit 1: true
  • Square Feet Unit 1: 1301
  • Rent Unit 1: $1,400.00
  • Bedrooms Unit 1: 3
  • Fireplaces Unit 1: 1
  • Bathrooms Unit 1: 2
Unit 2
  • Name Unit 2: 300
  • Washer/Dryer Unit 2: true
  • Range/Oven Unit 2: true
  • Refrigerator Unit 2: true
  • Dishwasher Unit 2: true
  • Square Feet Unit 2: 1021
  • Rent Unit 2: $1,250.00
  • Bedrooms Unit 2: 2
  • Fireplaces Unit 2: 1
  • Bathrooms Unit 2: 2
Unit 3
  • Name Unit 3: 200
  • Range/Oven Unit 3: true
  • Refrigerator Unit 3: true
  • Dishwasher Unit 3: true
  • Square Feet Unit 3: 1021
  • Rent Unit 3: $1,000.00
  • Bedrooms Unit 3: 2
  • Fireplaces Unit 3: 1
  • Bathrooms Unit 3: 2
Unit 4
  • Name Unit 4: 400
  • Range/Oven Unit 4: true
  • Refrigerator Unit 4: true
  • Dishwasher Unit 4: true
  • Square Feet Unit 4: 1021
  • Rent Unit 4: $1,000.00
  • Bedrooms Unit 4: 2
  • Fireplaces Unit 4: 1
  • Bathrooms Unit 4: 2
Rental
Rent Information
  • Occupant Type: Tenant
  • Leasable Area: 4084.0
  • Leasable Area Units: Square Feet

Property History for 665 Sunset Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 665 Sunset Avenue

Taxable ValueLand$75,000Additions$373,434Total$448,434
Tax Record2023$2,932 ($244 / month)
Home Facts
Total Finished SqFt4,084 SqFtAbove Ground SqFt4,084 SqFtStories2Lot Size10,019 SqFtStyleMulti-Family Dwelling (2-4)Year Built1979CountyGRAYS HARBORAPN095101200800

Schools near 665 Sunset Avenue

This home is within North Beach School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - PK to 5
Rating
School
Distance
Ocean Shores Elementary School
PublicPK to 5

North Beach Middle School
Public6 to 8

North Beach High School
Public9 to 12

Pacific Beach Elementary School
PublicPK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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665 Sunset Avenue is a multi-family home for sale in Ocean Shores, WA 98569. This property was listed for sale on March 10, 2024 by Washington Coast Real Estate, it's currently listed at $765,000. It has been on the market for a total of 52 days and was last sold on July 29, 2020. This listing's school district is North Beach School District. Nearby schools include Ocean Shores Elementary School, North Beach Middle School and North Beach High School. 665 Sunset Avenue is a 9-bed, 6-bath, 4,084 sqft multi-family home built in 1979.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Washington Coast Real Estate

Listing provided courtesy of NWMLS, RMLS or Yakima MLS. The information contained in this listing has not been verified by Compass or the MLS and should be verified by the buyer. The DOM value represents the number of days this listing has been Active on this website.