1412 Bay Ave $425,000

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    1412 Bay Ave Ocean Park, WA 98640

    • 0.10 Acres
    • Commercial/Industrial
    Listing# 1275141 | Active

    $425,000

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    Days On Market: 496 2 Views
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    Property Details

    Both adjacent buildings! "Cash Cow!" 4 separate units. Recently remodelled building in the heart of Ocean Park. Close to beach and has peek a boo view of the ocean. Being used as an AirBNB, with a steady substation income. The bottom unit has been used as the home with 3 beds. 2nd floor, 2 beds. the second building is featuring 1 bedroom+ on main and studio on second floor. Live for free in one unit while running AirBNB out of the others! Fully furnished,-personal items.Turnkey ready! *Remarks

    • General Features
      • County Pacific
      • Zoning Class Commercial, Residential
      • Zoning Jurisdiction County
      • Style 60-Comm Bldg Und 10K
      • Approx Building SqFt 2,151
      • Approx Whse/Mfg SqFt 0
      • Approx Office SqFt 0
      • Total Uncovered Parking 0
      • Total Covered Parking 0
      • Lot Dimensions 42 X 100
    • Building Features
      • Floor Covering Fir/Softwood, Hardwood
      • Features Storage
      • Heating and Cooling Baseboard
    • Property Features
      • Lot Square Footage 4,200
      • Depth of Lot 100
      • Site Frontage 42
      • Expansion Area N
      • Environment Survey N
      • Water-Sewer-Garbage 2000
      • Sewer Septic
      • Energy Source Electric
      • Power Company PUD #2
      • Number of Available Pads 0
    • Financials
      • Vacancy Rate 40
      • Total SqFt Rented 0
      • Total Monthly Rent $0
      • Gross Rent Multiplier 0
      • Cap Rate -NOI div LP 0
      • Gross Scheduled Income $60,000
      • Gross Adjusted Income $0
      • Total Expenses $5,800
      • NOI $60,000
      • Electrical Expenses $3,000
      • Tax Expense $0
      • Heating Expense $0
      • Insurance Expense $800
      • Annual Assoc. Dues $0
      • Other Expenses $0
      • Tax Year 0

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    Neighborhood

    98640 (Ocean Park) Demographics

    62Median Age
    194Population Density (per sq. mile)
    34%College Educated
    $34,171 Estimated Median Income
    1,550Estimated Total Home Owners
    327Estimated Total Renters
    83% / 17%Estimated Owner / Renter Divide
    3Estimated Average Household Size
    3,942Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days

    $244,000 Median Sales Price
    22 Homes Sold
    0 New On Market

    Average Days on Market

      Properties for Sale

        Property History

        Date Event Price Percent Change
        -- Current Price Source New Value: $425,000
        7/30/2019 12:11:08 PM Price Reduced Source New Value: $425,000 -5.56%
        4/16/2018 1:24:00 PM New in Database Source New Value: $450,000

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        This property search is part of the Reliance Network website. Listing information is courtesy of the WA-NWMLS and Reliance Network. Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with this symbol: provided by Northwest Multiple Listing Service, 2019. All information provided is deemed reliable but is not guaranteed and should be independently verified. Properties subject to prior sale or rental Information has not been verified by agent and should be verified by buyer.