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
Listing content is copyright © 2024 RMLS™, Portland, Oregon. All rights reserved.
