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.
  1. Listed by Joseph Soha • Lunsford RE & Property Mgmt

Property Details for 50 Ash Avenue

Community Name
Forks
School District
Quillayute
View
City, Territorial
Number of Assigned Spaces
8
Total Covered Parking
0
Entry Date
10-15-2024
Energy Source
Electric
Sewer
Sewer Connected
LISTING UPDATED: 11/13/2024 10:59 AM

Property Details for 50 Ash Avenue

StatusActive
MLS #2302058
Days on Market33
Cumulative Days on Market33
Taxes$2,598 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1980
Lot Size0.23 AC / 10,192 SF
CountyClallam 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

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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
Forks Elementary School
Public - K to 4
Forks Middle School
Public - 5 to 8
Forks High School
Public - 9 to 12
Forks Alternative School
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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More information about 50 Ash Avenue, Forks, WA 98331

50 Ash Avenue is a multi-family home for sale in Forks, WA 98331. This property was listed for sale on October 15, 2024 by Lunsford RE & Property Mgmt, it's currently listed at $815,000. It has been on the market for a total of 33 days and was last sold on January 17, 2005. This listing's school district is Quillayute Valley School District. Nearby schools include Forks Elementary School, Forks Middle School and Forks High School. 50 Ash Avenue is a 8-bed, 8-bath, 3,728 sqft multi-family home built in 1980.

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.