405 N OCEAN BCH BLVD Long Beach, WA98631
$500,000
8 total units
6 total bedrooms
8 total bathrooms
$69,150 annual income
Capitilization Rate: 7.05
10,000 to 14,999 SqFt
Middle School: Ilwaco
Zoning: Com SF
1558 days on market
VestorFilter™
Price per unit$62.5K/unit
Recent price drop$99,950
Price per acre$2.13M/ac
Price per bedroom$83.3K/bed
Time on market1558 days
Property Description
Excellent cash flowing multi-family investment opportunity! Enjoy a fully leased property with a mix of five studios and three 2 bedroom apartments. A short walk to the beach, the Arcadia Inn is well known in this vibrant NW beach community comfortable place to live.
{{ compliance-logo }}Listing Provided By Premiere Property Group, LLC
Financial Data
Date Sold2020-09-22
Sold Price$500,000
Price ChangeDropped $99,950 on 09/24/2020
Total $150,000 drop
Total $150,000 drop
Original Price$650,000
Current Price$500,000
Property Taxes$2,651
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Home Facts
StatusSold
Year Built1940
MLS ID20612013
Unit Details
Unit 1
Unit 2
Unit 3
Unit 4
