Rare investment opportunity + an excellent City of Long Beach location! This extensively remodeled turn-key apartment complex boasts 5 apartments, a studio, 18 storage units, 2 car garages, and office space. All the work has been done on this no-hassle rental property including a NEW roof, Hardiebacker siding, and fresh paint throughout. The individual units are spacious with open-concept floorplans and are metered for electricity. The coin-op laundry is conveniently located on the first floor.

Exterior Description Board & Batten SidingCement Siding Lot Description Corner LotLevelOcean Beach 1/4 Mile Or Less Lot Size 5000 To 6999 Sqft Parking Features AssignedGarage Roof Type Composition View Territorial View YN Yes Water Description Public

Basement None Foundation Details Slab Heating Description Other Hot Water Description Electricity Unit Features DishwasherFireplaceRangeRefrigeratorUnfurnished Unit Type1 Features DishwasherRangeRefrigeratorUnfurnished Unit Type1 Sq Ft 654 Unit Type2 Features DishwasherRangeRefrigeratorUnfurnished Unit Type2 Sq Ft 533 Unit Type3 Features DishwasherRangeRefrigeratorUnfurnished Unit Type3 Sq Ft 534 Unit Type4 Features DishwasherFireplaceRangeRefrigerator Unit Type4 Sq Ft 693 Unit Type5 Features DishwasherRangeRefrigeratorUnfurnished Unit Type5 Sq Ft 535 Unit Type6 Features RefrigeratorUnfurnished Unit Type6 Sq Ft 524

Bank Owned YN No Capitalization Rate 5.66 CCRs YN No Common Amenities Laundry Country Us Fuel Description Electricity Gross Income Actual 70200 Gross Rent Multiplier 12.81 Net Income Actual 50874 Occupancy Types Month To Month Operating Expenses Actual 12306 Property Condition Updated/Remodeled Rent Includes Trash CollectionSewerWater Security Features Security System Owned Seller Disclosure Disclosure Sewer Description Public Sewer Short Sale YN No Storage Garage(S)Individual Storage Units Tax Amount 2541.00 Third Party Approval YN No Unit Type1 Rent 1125 Unit Type1 Units Total 1 Unit Type2 Rent 825 Unit Type2 Units Total 2 Unit Type3 Rent 825 Unit Type3 Units Total 3 Unit Type4 Rent 1175 Unit Type4 Units Total 4 Unit Type5 Rent 900 Unit Type5 Units Total 5 Unit Type6 Rent 0 Unit Type6 Units Total 1 Zoning R1

Listing provided courtesy of Realty One Group Pacifica.

Listing content is copyright © 2021 RMLS™, Portland, Oregon. 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 Premiere Property Group LLC are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Data last updated 2021-04-22T23:39:53.57.Data deemed reliable but not guaranteed. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed accurate by RMLS™ or Premiere Property Group LLC and should be independently verified.

300 6TH St NE

Description

School Information

Description

Monthly Payment Calculator

300 6TH St NE Long Beach, WA 98631

Property Description

Exterior Description	Board & Batten Siding Cement Siding
Lot Description	Corner Lot Level Ocean Beach 1/4 Mile Or Less
Lot Size	5000 To 6999 Sqft
Parking Features	Assigned Garage
Roof Type	Composition
View	Territorial
View YN	Yes
Water Description	Public

Basement	None
Foundation Details	Slab
Heating Description	Other
Hot Water Description	Electricity
Unit Features	Dishwasher Fireplace Range Refrigerator Unfurnished
Unit Type1 Features	Dishwasher Range Refrigerator Unfurnished
Unit Type1 Sq Ft	654
Unit Type2 Features	Dishwasher Range Refrigerator Unfurnished
Unit Type2 Sq Ft	533
Unit Type3 Features	Dishwasher Range Refrigerator Unfurnished
Unit Type3 Sq Ft	534
Unit Type4 Features	Dishwasher Fireplace Range Refrigerator
Unit Type4 Sq Ft	693
Unit Type5 Features	Dishwasher Range Refrigerator Unfurnished
Unit Type5 Sq Ft	535
Unit Type6 Features	Refrigerator Unfurnished
Unit Type6 Sq Ft	524

Bank Owned YN	No
Capitalization Rate	5.66
CCRs YN	No
Common Amenities	Laundry
Country	Us
Fuel Description	Electricity
Gross Income Actual	70200
Gross Rent Multiplier	12.81
Net Income Actual	50874
Occupancy Types	Month To Month
Operating Expenses Actual	12306
Property Condition	Updated/Remodeled
Rent Includes	Trash Collection Sewer Water
Security Features	Security System Owned
Seller Disclosure	Disclosure
Sewer Description	Public Sewer
Short Sale YN	No
Storage	Garage(S) Individual Storage Units
Tax Amount	2541.00
Third Party Approval YN	No
Unit Type1 Rent	1125
Unit Type1 Units Total	1
Unit Type2 Rent	825
Unit Type2 Units Total	2
Unit Type3 Rent	825
Unit Type3 Units Total	3
Unit Type4 Rent	1175
Unit Type4 Units Total	4
Unit Type5 Rent	900
Unit Type5 Units Total	5
Unit Type6 Rent	0
Unit Type6 Units Total	1
Zoning	R1