Bought with Berkshire Hathaway Sound Rltrs
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Key Details
Sold Price $865,000
Property Type Commercial
Sub Type Commercial Industrial
Listing Status Sold
Purchase Type For Sale
Subdivision Long Beach
MLS Listing ID 1545136
Sold Date 02/12/20
Style 61 - Comm Bldg Ovr 10K
Year Built 1926
Annual Tax Amount $4,143
Lot Size 4,500 Sqft
Lot Dimensions 50 x 90
Property Description
Take a look at this INCREDIBLE once-in-a-lifetime investment opportunity on the prime traffic corner of the Long Beach Peninsula. This unique property has 8 renovated units total: 2 commercial units, a 2 bedroom apartment, 4 beautiful studio units & an "Owner's Studio" that is fully furnished & can also be used as a vacation rental for added income. Coin operated washer/dryer. All tenants are great! Actual numbers have this property operating at over a 7.5% Cap Rate!
Location
State WA
County Pacific
Area _930Southpacificco
Interior
Fireplace No
Exterior
Exterior Feature Wood
Utilities Available Sewer Connected, Electric
Roof Type Flat
Building
Sewer Sewer Connected
Water Public
Others
Acceptable Financing Cash Out, Conventional
Listing Terms Cash Out, Conventional
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