Description
925 4th Ave,
Seaside,
OR
97138
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.
This is an Active listing.
Broker Office Phone Number: 503-334-1515
Copyright © 2024Regional Multiple Listing Services. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Amenities
- Composition Shingle Roof
- Off Street Available
Listing By: Soldera Properties, Inc via Data Source: Regional Multiple Listing Services
Multi Family
Property type
Pacific Ridge
Schools
Pacific Ridge
Elementary
Seaside
Middle
Seaside
High
Price History
date | price | variance | type |
---|
9/9/2024 | $699,000 | - | Listed |
listing agent: Todd Braden