2006 Bay Ave $225,000

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    2006 Bay Ave Ocean Park, WA 98640

    • 0 Beds
    • 0 Baths
    • Multi-Family
    Listing# 1471168 | Active

    $225,000

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    Days On Market: 71 1 Views
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    Property Details

    Income property on Bay Avenue in Ocean Park. Needs some TLC. R-3 zoning including 3 tax lots. Out of the 7 units, 5 are 1 bedroom, 1 studio unit and a 2 bedroom mobile home. Great location, walk to beach, stores, restaurants and more. Excellent income potential, with R3 zoning, many possibilities.

    • General Features
      • County Pacific
      • Style 55-5-9 Units
      • Number of Stories 1
      • Number of Units 7
      • Year Built 1973
      • Lot Details Paved Street
      • Lot Square Footage 11,326
      • View Territorial
      • County Pacific
    • Building Features
      • Approx SqFt 0
      • Roof Compostion, Torch Down
      • Exterior Metal/Vinyl, Wood Products
      • Floor Covering Laminate Hardwood, Vinyl, Wall to Wall Carpet
    • Financials
      • Total Monthly Income $2,150
      • Net Operating Income $10,155
      • Gross Scheduled Income $37,200
      • Gross Adjusted Income $25,800
      • Total Expenses $15,645
      • Other Expenses $2,525
      • Insurance Expenses $1,430
      • Expenses $15,645
      • Heating Expenses $0
      • Electrical Expenses $4,949
      • Gross Rent Multiplier 7
    • Utilities and Taxes
      • Tax Year 2019
      • Tax Amount $3,480
      • Energy Source Electric
      • Heating and Cooling Forced Air, Wall
      • Water Company North Beach Water
      • Sewer Company Septic
    • Schools
      • School District Ocean Beach

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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

    $191,750 Median Sales Price
    24 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: $225,000
        8/14/2019 10:31:28 AM Price Reduced Source New Value: $225,000 -16.67%
        6/10/2019 7:01:00 PM New in Database Source New Value: $270,000

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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.