925 4th Avenue
$699,000
—
3,453
3,453
$202
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....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.
- Listed by Todd Braden • Soldera Properties, Inc
Property Details for 925 4th Avenue
Parking Features
Off Site, Off Street
ZoningR2
Garage Spaces4.00
LISTING UPDATED: 09/09/2024 01:28 PM
Property Details for 925 4th Avenue
Status | Active |
---|---|
MLS # | 24216868 |
Days on Market | 80 |
Taxes | $4,875 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Multi Family |
Year Built | 1941 |
Lot Size | 0.23 AC / 10,018 SF |
County | Clatsop County |
Building Information for 925 4th Avenue
Stories3Residences4Year Built1941Building Size-Lot Size0.23 AC / 10,018 SF
Property Information for 925 4th Avenue
Property History for 925 4th Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 925 4th Avenue
Taxable ValueLand-Additions-Total-
Tax Record2023$4,875 ($406 / month)
Home Facts
Baths4Total Finished SqFt2,833 SqFtAbove Grade Finished SqFt2,833 SqFtUnfinished Basement SqFt620 SqFtStories2Lot Size10,019 SqFtStyleQuadraplexYear Built1941Year Renovated1961ZoningR2CountyCLATSOPAPN61021AA00900
Schools near 925 4th Avenue
This home is within Seaside School District 10.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | K to 5 |
Rating | School | Distance |
---|---|---|
Seaside Heights Elementary School PublicK to 5 | ||
Seaside Middle School Public6 to 8 | ||
Seaside High School Public9 to 12 | ||
Gearhart Elementary School PublicK to 5 |
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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