Active

925 4TH AVE

Seaside OR, 97138

$699,000


$202.43 per sqft

Active

9 Beds

5 Baths

3,453 sqft

Multi-family

Built in 1941

Courtesy of Soldera Properties, Inc

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.

24216868

MLS ID

September 9, 2024

Listed

October 19, 2024

Updated

Map

925 4TH AVE
Seaside OR, 97138

Interior Features

Total Stories

3


Bedrooms

9


Total Bathrooms

5


Full Bathrooms

5


Fireplace

No


Cooling

No


Heating

Yes


Heating Description

Hot Water, Wall Heater

Exterior/Building Features

Lot Size

0.23 Acres


Lot Features

Level


Roof

Composition


Sewer

Public Sewer

School Information

High School

Seaside


Elementary School

Pacific Ridge

Other Property Details

Area Name

_185


Taxes

$4,875


Tax Frequency

Annually


Days on Market

37


Garage

Yes


Garage Spaces

4


Parking

Off Site, Off Street


View

No


County

Clatsop


Water Source

Public Water


Pool

No


Zoning

R2

Listing Courtesy of Soldera Properties, Inc, Todd Braden. 503-209-6339

The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by brokerage firms other than Windermere - Gearhart Office are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2024 RMLS, Portland, Oregon. All information provided is deemed reliable but is not guaranteed and should be independently verified.

This content last updated on 10/19/2024, 2:37 PM UTC. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available

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