$456,000
For Sale

510 N Ocean Beach Blvd

Long Beach, WA 98631
1360 sqft | 0.06 acres | #2309703
Listing OfficeKelly Right RE of Seattle LLC
Browse 15 photos
Type:Multi-Family
Structure:2 Family
Zone:Residential

Description

Turnkey Rental Property! 2 Units, each apprx. 640sf. 100% occupancy for 5 years. Ground up remodeled incl foundation. Modest interiors feature new kitchens with dishwasher, bth rms, washers/dryers, ceiling fans. No builder-grade anything. Easy to maintain lot, off street parking, room for a garage or shelter, close to beach, downtown Long Beach business district and restaurants. Proven income producer, current cap rate of 3.75 but expenses currently include water, garbage, lawn svc and property management. Cap rate will rise w/a more hands-on landlord. Long term/stable tenant in 512 will stay if allowed. Split use as beach get-away for one unit and the other as rental is certainly possible. Your rental will mostly pay for your home!

  • Property Details
      • Exterior FeaturesHigh Speed Internet
      • Date ListedNovember 07, 2024
      • FoundationPoured Concrete
      • Sewer InformationSewer Connected
      • Elementary SchoolLong Beach Elem
      • Middle SchoolIlwaco Jnr High
      • High SchoolIlwaco Snr High
      • Exterior MaterialsWood Products
      • Property TypeMulti-Family
      • Property SubtypeMulti-Family
      • Style52 - Duplex
      • School DistrictOcean Beach
      • Lot DescriptionCorner Lot
      • SubdivisionLong Beach
      • InteriorLaminate
      • Original List Price$456,000
      • CountyPacific
      • MLS #2309703
      • MLS #2309703
      • Acres0.0574
      • Taxes Annual$1,158
      • Cost456000
      • Structure TypeDuplex
      • Square Feet1360
      • Year Built1940
      • Days on Market (Cumulative)41
      • Stories1
Kristi KaylorWindermere Real Estate
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
$0.00
Loan Amount
$0.00