$699,000 $3,752 est/mo Sourced by Back At You
925 4th Avenue , Seaside, OR 97138
Seaside, OR 97138
Description
Great Investment Opportunity in Seaside! This 1941 4 plex has recent updates and so many opportunities for income. Rentable spaces at market rate could generate over $90k annual gross income and a cap rate approaching 10%. Spacious grounds provide adequate parking that can be accessed from 4th avenue as well as a rear alleyway. 3 of the 4 units are 2 bed, one bath, with the 4th being a 1 bed, one bath. A fifth 2 bed, one bath, economy kitchenette could be incorporated into one of the upstairs units. The building and property are clean and easy to maintain.
Details
| MLS# | 24-862 |
|---|---|
| Listing Type | For Sale |
| Style | Town House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1941 |
| Days On Site | 32 |
| Listing Provided By | Soldera Properties Inc | Todd Braden |
Features
| Bed(s) | 9 |
|---|---|
| SQ Feet | 3,453 |
| Garage | 4 |
| Story(s) | 3 |
| Acreage | 0.23 |
| Water Front | None |
| Property View | None |
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Learn More About This Property
| State | OR |
|---|---|
| County | Clatsop |
| City | Seaside |
| Zip Code | 97138 |
| Area | Seaside North Central |
| Listing VS Median (in 97138) | |
Price: $699,000 low | high Med: $589,000 SqFt: 3,453 low | high Med: 1,920 $ / SqFt: $202 low | high Med: $307 On Site: 32 low | high Med: 116 | |
Listing Updated: October 11, 2024 at 5:33:22 PM PDT