Listing provided courtesy of Northwest MLS; Kelly Right RE of Seattle LLC
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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!
| DAYS ON MARKET | 45 | LAST UPDATED | 11/11/2024 |
|---|---|---|---|
| TRACT | Long Beach | YEAR BUILT | 1940 |
| COMMUNITY | Long Beach | COUNTY | Pacific |
| STATUS | Active | PROPERTY TYPE(S) | Multi Family |
| Elementary School | Long Beach Elem |
|---|---|
| Jr. High School | Ilwaco Jnr High |
| High School | Ilwaco Snr High |
| ADDITIONAL DETAILS | |
| AIR | None |
|---|---|
| AREA | 930 - South Pacific County |
| CONSTRUCTION | Wood Siding |
| HEAT | Baseboard, Electric |
| INTERIOR | Laminate |
| LOT | 2500 sq ft |
| LOT DESCRIPTION | Corner Lot |
| STORIES | 1 |
| STYLE | 52 - Duplex |
| SUBDIVISION | Long Beach |
| TAXES | 1158 |
| UTILITIES | Sewer Connected |
TOTAL MONTHLY PAYMENT
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Properties with the 
icon are courtesy of Northwest MLS.
Listings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of 12/21/24 9:22 PM PST. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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| (800) 854-2232 Long Beach Office 710 Pacific Avenue South PO Box 1166 Long Beach, WA 98631 | (800) 854-0032 Ocean Park Office 25810 Vernon Ave PO Box 431 Ocean Park, WA 98640 | (800) 774-4114 Surfside Office 31511 I Street PO Box 246 Ocean Park, WA 98640 |
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Disclaimer: The information contained in this listing has not been verified by Lighthouse Realty and should be verified by the buyer.
