840 Anchor Avenue Northwest, Unit 18
840 Anchor Avenue Northwest, Unit 18
Ocean Shores, WA 98569
$795,000
Price
—
Beds
7
Baths
3,352 Sq. Ft.
$237 / Sq. Ft.
3,352
Sq. Ft.
$237
per Sq. Ft.
Contingent
Contingent
Description
amazing opportunity to own this investment property. 8 units, 7 studios and 1 unit a coin-op laundry, Property is commercial zoned, can be used for nightly rentals, The building is in good condition, Close to downtown, providing convenient access to various amenities., including beaches. Each Unit is 372 sqft. with small kitchenettes, and 3/4 Baths. Great income generating property.amazing opportunity to own this investment property. 8 units, 7 studios and 1 unit a coin-op laundry, Property is commercial zoned, can be used for nightly rentals, The building is in good condition, Close to downtown, providing convenient access to various amenities., including beaches. Each Unit is 372 sqft. with small kitchenettes, and 3/4 Baths. Great income generating property.
Property Details for 840 Anchor Avenue Northwest, Unit 18
Community Name
Ocean Shores
School DistrictNorth Beach
ViewTerritorial
Number of Assigned Spaces8
Total Covered Parking0
Entry Date11-20-2023
Energy SourceElectric
SewerSewer Connected
Location
Add your commute
LISTING UPDATED: 04/30/2024 11:12 AM
Property Details for 840 Anchor Avenue Northwest, Unit 18
| Status | Contingent |
|---|---|
| MLS # | 2181008 |
| Days on Market | 160 |
| Cumulative Days on Market | 162 |
| Taxes | $3,651 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Residential Income |
| Year Built | 1997 |
| Lot Size | 0.20 AC / 8,902 SF |
| County | Grays Harbor County |
Location
Add your commute
Building Information for 840 Anchor Avenue Northwest, Unit 18
Stories2Residences8Year Built1997Building Size-Lot Size0.20 AC / 8,902 SF
Payment Calculator
$4,643 per month
30 year fixed, 7.25% Interest
Principal and Interest
$4,339
Property Taxes
$304
HOA Dues
$0
The Payment Calculator is for illustrative purposes only.
Property Information for 840 Anchor Avenue Northwest, Unit 18
Summary
Location and General Information
- Style: 55 - 5-9 Units
- Area: 194 - Ocean Shores
- Block: D
- Elementary School: Ocean Shores Elem
- Middle Or Junior School: North Beach Mid
- High School: North Beach High
- Effective Year Built Source: Public Records
- Directions: Enter through gates on Point Brown Ave to R on Barnacle, R on Anchor Ave. to 840 Anchor, Anchor Studios.
- Leased Items: None
- Property Sub Type: MULT
- View: Yes
- Waterfront: No
Taxes and HOA Information
- Tax Year: 2023
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, Carpet
- Features: Ceramic Tile, Laminate, Wall to Wall Carpet
- Amenities: Coin Op Laundry
- Cooling: No
- Cooling: None
- Fireplace: No
- Heating: Yes
- Heating: Wall Unit(s)
- FIRPTA: No
Exterior Features
- Exterior: Cement Planked, Wood Products
- Roof: Composition
Property
Utilities
- Water Source: Public
- Water/Sewer/Garbage: 6557
- Power Company: Grays Harbor 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
- Zoning Class: Multi-Family
- First Right Of Refusal: false
- Possible Use: Multi-Family
- MLS Square Footage Source: County Records
- Preliminary Title Ordered: No
- Senior Community: No
- Special Listing Conditions: None
- Year Built Effective: 1997
- Photos Count: 14
Lot Information
- Lot Details: Paved
- Lot Size Dimensions: 55x129x79x128
- Lot Number: 66
- Lot Size Source: Realist
- Parcel Number Free Text: 090100406600
- Building Condition: Average
- Calculated Square Footage: 3352
- Structure Type: Multi Family
- Square Footage Finished: 0
- Square Footage Unfinished: 0
- Building Area Total: 3352.0
- Building Area Units: Square Feet
- Property Type: Residential Income
- Elevation Units: Feet
- Irrigation Water Rights: No
- Water Access: Community Waterfront/Pvt Beach
Multi Family
Building Details
- Number of Uncovered Spaces: 8
- Number of Stories in Building: 2
- Unit Number: 1-8
- Vacancy Rate: 0
- Number Of Units Total: 8
- Units Below Grade: false
- Units In Building Total: 8
Financing / Income and Expenses
- Electric Expense: $4,200
- Total Expenses: 14408.06
- Gross Adjusted Income: 63000
- Gross Rent Multiplier: 16.4
- Gross Scheduled Income: $63,000
- Insurance Expense: $0
- Net Operating Income: $48,592
- Other Expenses: $0
- Total Monthly Income: 1200
- Fuel Expense: $0
Unit 1
- Name Unit 1: studio 01
- Refrigerator Unit 1: true
- Square Feet Unit 1: 372
- Rent Unit 1: $800.00
- Bedrooms Unit 1: 0
- Bathrooms Unit 1: 1
Unit 2
- Name Unit 2: studio 03
- Refrigerator Unit 2: true
- Square Feet Unit 2: 372
- Rent Unit 2: $700.00
- Bedrooms Unit 2: 0
- Bathrooms Unit 2: 1
Unit 3
- Name Unit 3: studio 04
- Refrigerator Unit 3: true
- Square Feet Unit 3: 372
- Rent Unit 3: $850.00
- Bedrooms Unit 3: 0
- Bathrooms Unit 3: 1
Unit 4
- Name Unit 4: studio 05
- Refrigerator Unit 4: true
- Square Feet Unit 4: 372
- Rent Unit 4: $700.00
- Bedrooms Unit 4: 0
- Bathrooms Unit 4: 1
Unit 5
- Name Unit 5: studio 06
- Refrigerator Unit 5: true
- Square Feet Unit 5: 372
- Rent Unit 5: $800.00
- Bedrooms Unit 5: 0
- Bathrooms Unit 5: 1
Unit 6
- Name Unit 6: studio 07
- Refrigerator Unit 6: true
- Square Feet Unit 6: 372
- Rent Unit 6: $700.00
- Bedrooms Unit 6: 0
- Bathrooms Unit 6: 1
Unit 7
- Name Unit 7: studio 08
- Refrigerator Unit 7: true
- Square Feet Unit 7: 372
- Rent Unit 7: $700.00
- Bedrooms Unit 7: 0
- Bathrooms Unit 7: 1
Unit 8
- Name Unit 8: Laundry Room 02
- Rent Unit 8: $.00
Rental
Rent Information
- Occupant Type: Tenant
- Leasable Area: 2604.0
- Leasable Area Units: Square Feet
Property History for 840 Anchor Avenue Northwest, Unit 18
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
|---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Schools near 840 Anchor Avenue Northwest, Unit 18
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.
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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.