Oceanfront tri-plex in Ocean Shores offering strong income performance and stunning sunset views from three ocean-facing decks. Two units are occupied by long term (9+ years) tenants and the third unit just started a 1 year lease. Fully rented, the property now delivers a solid 6.7% cap rate. Located in a quiet, non-short term rental area, it offers stable, long-term rental appeal. An excellent option for investors seeking a turnkey asset and ideal for those identifying a replacement property for a 1031 exchange.
Active
Listed by:
Palmer Higa,
BHGRE - Northwest Home Team
$990,000
1029 S Sand Dune Avenue SW, Ocean Shores, WA 98569
7beds
7baths
5,698sqft
Est.:
Triplex
Built in 2005
-- sqft lot
$911,100 Zestimate®
$174/sqft
$-- HOA
What's special
- 137 days |
- 194 |
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