Homes for sale - 925 4TH AVE, Seaside, OR 97138

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Jennifer Schurter

jen@jenschurter.com +1(503) 351-6569

Listed by Soldera Properties, Inc

$ 694,000

Est. payment | -/mo

3,453 SqFt

Save

$ 694,000

Est. payment | -/mo

Save

3,453 SqFt

Key Details

Property Type Multi-Family

Listing Status Pending

Purchase Type For Sale

Square Footage 3,453 sqft

Price per Sqft $200

MLS Listing ID 24216868

Year Built 1941

Annual Tax Amount $5,023

Tax Year 2024

Lot Size 10,018 Sqft

Property Description

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.

Location

State OR

County Clatsop

Area _185

Zoning R2

Rooms

Basement Dirt Floor, Exterior Entry, Storage Space

Interior

Heating Hot Water, Wall Heater

Exterior

Garage Spaces 4.0

Roof Type Composition

Garage No

Building

Lot Description Level

Story 3

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public Water

Level or Stories 3

Schools

Elementary Schools Pacific Ridge

Middle Schools Seaside

High Schools Seaside

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Regional Multiple Listing Service (RMLS)

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(503) 351-6569

jen@jenschurter.com

2175 NW Raleigh St. # 110, Portland, OR, 97210, United States

925 4TH AVE Seaside, OR 97138