50 Ash Avenue
Forks, WA 98331
$815,000
Price
8
Beds
8
Baths
3,728 Sq. Ft.
$219 / Sq. Ft.
3,728
Sq. Ft.
$219
per Sq. Ft.
Listing provided courtesy of Lunsford RE & Property Mgmt
Description
Awesome rental investment opportunity! Currently fully leased with consistent rental history, providing immediate cash flow. All units have been fully remodeled from cabinetry to flooring and doors, and all are fully furnished. Currently 7 units total. 6 single units with 1 bed/ 1bath. 1 unit 2 bed/ 2 bath. All units have there own laundry and parking space. Property is conveniently located close to downtown and connected to City water/sewer and Clallam PUD. Potential for rent increases based on...Awesome rental investment opportunity! Currently fully leased with consistent rental history, providing immediate cash flow. All units have been fully remodeled from cabinetry to flooring and doors, and all are fully furnished. Currently 7 units total. 6 single units with 1 bed/ 1bath. 1 unit 2 bed/ 2 bath. All units have there own laundry and parking space. Property is conveniently located close to downtown and connected to City water/sewer and Clallam PUD. Potential for rent increases based on current market and comparable property's. No interior access until an offer has been mutually accepted. Unit 3&4 were combined to make a 2bed unit, its possible for them to be separated again.
- Listed by Joseph Soha • Lunsford RE & Property Mgmt
Property Details for 50 Ash Avenue
Community Name
Forks
School DistrictQuillayute
ViewCity, Territorial
Number of Assigned Spaces8
Total Covered Parking0
Entry Date10-15-2024
Energy SourceElectric
SewerSewer Connected
LISTING UPDATED: 11/13/2024 10:59 AM
Property Details for 50 Ash Avenue
| Status | Active |
|---|---|
| MLS # | 2302058 |
| Days on Market | 63 |
| Cumulative Days on Market | 63 |
| Taxes | $2,598 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Residential Income |
| Year Built | 1980 |
| Lot Size | 0.23 AC / 10,192 SF |
| County | Clallam County |
Building Information for 50 Ash Avenue
Stories2Residences7Year Built1980Building Size-Lot Size0.23 AC / 10,192 SF
Property Information for 50 Ash Avenue
Summary
Location and General Information
- Style: 55 - 5-9 Units
- Area: 928 - Southwest Clallam
- Block: 1
- Elementary School: Buyer To Verify
- Middle Or Junior School: Buyer To Verify
- High School: Buyer To Verify
- Effective Year Built Source: Public Records
- Directions: From Hwy 101, west on Wood St, turn left on Ash. Property on right.
- Leased Items: None
- Property Sub Type: MULT
- View: Yes
- Waterfront: No
Taxes and HOA Information
- Tax Year: 2023
Parking
- Number of Carport Spaces: 0.0
- Carport: No
- Open Parking Spaces: 8.0
- Open Parking: Yes
Interior and Exterior Features
Bathroom Information
- Full Baths Upper: 0
- Three Quarter Baths Upper: 0
- Half Baths Upper: 0
- Main Level Bathrooms: 0
Bedroom Information
- Bedrooms Upper: 0
- Bedrooms Possible: 0
Interior Features
- Fireplaces Total: 0
- Floor Covering: Ceramic Tile, Carpet
- Features: Ceramic Tile, Wall to Wall Carpet
- Cooling: No
- Cooling: None
- Fireplace: No
- Heating: Yes
- Heating: Forced Air
- FIRPTA: No
Exterior Features
- Exterior: Cement Planked, Wood
- Roof: Metal
Property
Utilities
- Water Source: Public
- Water/Sewer/Garbage: 7167.38
- Power Company: Clallam PUD
- Sewer Company: City of Forks
- Water Company: City of Forks
- Power Production Type: Electric
Property and Assessments
- New Construction YN: No
- Zoning Jurisdiction: City
- Foundation: Poured Concrete
- Zoning Class: Commercial,Multi-Family
- First Right Of Refusal: true
- Possible Use: Commercial, Multi-Family
- Preliminary Title Ordered: No
- Senior Community: No
- Special Listing Conditions: None
- Year Built Effective: 1980
- Photos Count: 4
Lot Information
- Lot Details: Adjacent to Public Land, Paved
- Lot Number: 2 EXC W 10'
- Lot Size Source: public record
- Parcel Number Free Text: 1328096901060000
- Building Condition: Good
- Calculated Square Footage: 3728
- Structure Type: Multi Family
- Square Footage Finished: 0
- Square Footage Unfinished: 0
- Building Area Total: 3728.0
- Building Area Units: Square Feet
- Property Type: Residential Income
- Elevation Units: Feet
- Irrigation Water Rights: No
Multi Family
Building Details
- Number of Uncovered Spaces: 8
- Number of Stories in Building: 2
- Vacancy Rate: 0
- Number Of Units Total: 7
- Units Below Grade: false
- Units In Building Total: 8
Financing / Income and Expenses
- Electric Expense: $0
- Total Expenses: 13510.38
- Gross Adjusted Income: 60000
- Gross Rent Multiplier: 13.58
- Gross Scheduled Income: $60,000
- Insurance Expense: $3,520
- Net Operating Income: $46,489
- Other Expenses: $225
- Total Monthly Income: 5000
- Fuel Expense: $0
Unit 1
- Name Unit 1: 1
- Washer/Dryer Unit 1: true
- Range/Oven Unit 1: true
- Refrigerator Unit 1: true
- Dishwasher Unit 1: false
- Square Feet Unit 1: 450
- Rent Unit 1: $650.00
- Bedrooms Unit 1: 1
- Bathrooms Unit 1: 1
Unit 2
- Name Unit 2: 2
- Washer/Dryer Unit 2: true
- Range/Oven Unit 2: true
- Refrigerator Unit 2: true
- Dishwasher Unit 2: false
- Square Feet Unit 2: 450
- Rent Unit 2: $650.00
- Bedrooms Unit 2: 1
- Bathrooms Unit 2: 1
Unit 3
- Name Unit 3: 3&4
- Washer/Dryer Unit 3: true
- Range/Oven Unit 3: true
- Refrigerator Unit 3: true
- Square Feet Unit 3: 900
- Rent Unit 3: $1,100.00
- Bedrooms Unit 3: 2
- Bathrooms Unit 3: 2
Unit 4
- Name Unit 4: 5
- Washer/Dryer Unit 4: true
- Range/Oven Unit 4: true
- Refrigerator Unit 4: true
- Dishwasher Unit 4: false
- Square Feet Unit 4: 450
- Rent Unit 4: $650.00
- Bedrooms Unit 4: 1
- Bathrooms Unit 4: 1
Unit 5
- Name Unit 5: 6
- Washer/Dryer Unit 5: true
- Range/Oven Unit 5: true
- Refrigerator Unit 5: true
- Dishwasher Unit 5: false
- Square Feet Unit 5: 450
- Rent Unit 5: $650.00
- Bedrooms Unit 5: 1
- Bathrooms Unit 5: 1
Unit 6
- Name Unit 6: 7
- Washer/Dryer Unit 6: true
- Range/Oven Unit 6: true
- Refrigerator Unit 6: true
- Dishwasher Unit 6: false
- Square Feet Unit 6: 450
- Rent Unit 6: $650.00
- Bedrooms Unit 6: 1
- Bathrooms Unit 6: 1
Unit 7
- Name Unit 7: 8
- Washer/Dryer Unit 7: true
- Range/Oven Unit 7: true
- Refrigerator Unit 7: true
- Dishwasher Unit 7: false
- Square Feet Unit 7: 450
- Rent Unit 7: $650.00
- Bedrooms Unit 7: 1
- Bathrooms Unit 7: 1
Rental
Rent Information
- Occupant Type: Tenant
- Leasable Area: 3728.0
- Leasable Area Units: Square Feet
Property History for 50 Ash Avenue
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
|---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 50 Ash Avenue
Taxable ValueLand$25,400Additions$276,000Total$301,400
Tax Record2023$2,598 ($216 / month)
Home Facts
Total Finished SqFt3,728 SqFtAbove Ground SqFt3,728 SqFtStyleMulti-Family Res (5+ Units)Year Built1980CountyCLALLAMAPN1328096901060000
Schools near 50 Ash Avenue
This home is within Quillayute Valley School District.
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | K to 4 | |||
| Public - | 5 to 8 | |||
| Public - | 9 to 12 | |||
| Public - | 9 to 12 |
Rating | School | Distance |
|---|---|---|
Forks Elementary School PublicK to 4 | ||
Forks Middle School Public5 to 8 | ||
Forks High School Public9 to 12 | ||
Forks Alternative School Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.
Listing Courtesy of Lunsford RE & Property Mgmt
Listing provided courtesy of NWMLS, RMLS or Yakima MLS. The information contained in this listing has not been verified by Compass or the MLS and should be verified by the buyer. The DOM value represents the number of days this listing has been Active on this website.
