1031 Discovery Ave SE

    Ocean Shores, WA 98569
    • $1,250,000
    • STATUS: Active
    • ON SITE: 124 days
    • ID#: 1558664
    UPDATED: 37 min ago
    $1,250,000
    • 0
      BEDS
    • 2.28
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 11,550
      SQFT
    • $108
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1968
    County:
    Area:

    School Information

    Elementary School:
    Middle School:
    High School:
    School District:
    Listing Courtesy of Windermere R.E. Ocean Shores.

    Description

    Ocean Shores. South end. Across from OS Marina, now on market. Over 800 ft on freshwater canal. Commercially zoned. 24 individual condos. Could operate as nightly or monthly rentals. All units renovated. Lobby, courtyard, rec bldg and dock. Includes 1.2 comm. acres for expansion - many alternatives - more condos, restaurant, tiny houses or? Priced 25% lower than estimated value from November appraisal. Must visit to appreciate. Vacant.

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    The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than The Kendra Todd Group at Keller Williams are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2020-05-31T16:13:56.35.

    www.thekendratoddgroup.com/homes/102629758

    1031 Discovery Ave SE Ocean Shores, WA 98569

    • Price: $1,250,000
    • Status: Active
    • Updated: 37 min ago
    • ID#: 1558664
    0
    Beds
    0
    Baths
    0
    ½ Baths
    2.28
    Acres
    11,550
    SQFT
    $108
    $/SQFT
    1968
    Built
    Neighborhood:
    Ocean Shores
    County:
    Grays Harbor
    Area:
    Ocean Shores
    Elementary School:
    Ocean Shores Elem
    Middle School:
    North Beach Mid
    High School:
    North Beach High
    School District:
    North Beach
    Property Description
    Ocean Shores. South end. Across from OS Marina, now on market. Over 800 ft on freshwater canal. Commercially zoned. 24 individual condos. Could operate as nightly or monthly rentals. All units renovated. Lobby, courtyard, rec bldg and dock. Includes 1.2 comm. acres for expansion - many alternatives - more condos, restaurant, tiny houses or? Priced 25% lower than estimated value from November appraisal. Must visit to appreciate. Vacant.
    Exterior Features

    Building Condition Good Carport Spaces 0 Exterior Cement/ConcreteWood Foundation Poured ConcreteSlab Garage Spaces 0 Lot Details Corner LotPaved Street Lot Dimensions Irregular Roof Composition Stories In Building 2 Style 56 - 6-9 Units Total Parking Spaces 40 Uncovered Spaces 40 View Canal Waterfront Bank-LowCanal

    Interior Features

    Floor Covering Ceramic TileHardwoodSee Remarks Heating And Cooling BaseboardWall Unit1 Bathrooms 0.00 Unit1 Bedrooms 0 Unit1 Fireplaces 0 Unit1 Sq Ft 0 Unit2 Bathrooms 0.00 Unit2 Bedrooms 0 Unit2 Fireplaces 0 Unit2 Sq Ft 0 Unit3 Bathrooms 0.00 Unit3 Bedrooms 0 Unit3 Fireplaces 0 Unit3 Sq Ft 0 Unit4 Bathrooms 0.00 Unit4 Bedrooms 0 Unit4 Fireplaces 0 Unit4 Sq Ft 0 Unit5 Bathrooms 0.00 Unit5 Bedrooms 0 Unit5 Fireplaces 0 Unit5 Sq Ft 0 Unit6 Bathrooms 0.00 Unit6 Bedrooms 0 Unit6 Fireplaces 0 Unit6 Sq Ft 0 Units Below Grade N

    Property Features

    Amenities ClubhouseCoin Op Laundry Bank Owned No Cap Rate 6.00 Electrical Expenses 36000 Energy Source Electric EPSEnergy 0 Form17 Provided General Zoning Classification Commercial Gross Adjusted Income 214080 Gross Rent Multiplier 7 Gross Scheduled Income 225120 Heating Expenses 0 Hers Index 0 Home Owner Dues 0 Insurance Expenses 9308 Leased Items None Lot Number Tract D Net Operating Income 106105 New Construction YN No Other Expenses 50854 Possession Closing Power Company Grays Harbor Pud Right Of First Refusal No Septic Approved For Number Of Bedrooms 0 Sewer Sewer Connected Sewer Company City Of Ocean Shores Site Features DeckDockOutbuildings Tax Amount 11813 Tax Year 2019 Terms Cash Out Third Party Approval Required None Total Expenses EXP 107975 Total Expenses TEX 107975 Total Monthly Income 0 Unit1 Monthly Rent 0 Unit2 Monthly Rent 0 Unit3 Monthly Rent 0 Unit4 Monthly Rent 0 Unit5 Monthly Rent 0 Unit6 Monthly Rent 0 Vacancy Rate 5 Water Company City Of Ocean Shores Water Sewer Garbage 0 Water Source Public Zoning Jurisdiction City

    Listing information © 2020 Northwest Multiple Listing Service. Information is based on data available to the associate, including county records. The information contained in this listing has not been verified by The Kendra Todd Group at Keller Williams and should be verified by the buyer.


    The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than The Kendra Todd Group at Keller Williams are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2020-05-31T16:13:56.35.

     
    The Kendra Todd Group at Keller Williams
    1307 N. 45th Street Suite 300
    Seattle WA, 98103
    Listing Courtesy of Windermere R.E. Ocean Shores.