Turnkey Rental Property! 2 Units, each apprx. 640sf. 100% occupancy for 5 years. Ground up remodeled incl foundation. Modest interiors feature new kitchens with dishwasher, bth rms, washers/dryers, ceiling fans. No builder-grade anything. Easy to maintain lot, off street parking, room for a garage or shelter, close to beach, downtown Long Beach business district and restaurants. Proven income producer, current cap rate of 3.75 but expenses currently include water, garbage, lawn svc and property management. Cap rate will rise w/a more hands-on landlord. Long term/stable tenant in 512 will stay if allowed. Split use as beach get-away for one unit and the other as rental is certainly possible. Your rental will mostly pay for your home!
KNOCK, KNOCK, KNOCK, ITS OPPORTUNITY :-) 4 UNITS! ALL 2 GENEROUS BEDROOMS WILL HOLD KING BEDS, WITH OPEN CONCEPT LIVING/KITCHEN AREAS, NEWER SIDING IN APPROX 2020, SOME HAVE VINYL PLANKING FLOORING AND UNIT 8 HAS NEWER ALDER CABINETS, ALL SINGLE LEVEL WITH A PAVED TRAIL TO THE PACIFIC OCEAN, AND THE LEWIS AND CLARK DISCOVERY TRAIL. POSSIBLE FHA FINANCING AVILABLE IF YOU LIVE IN ONE UNIT AND RENT THE OTHER DREAMS DO COME TRUE A HOME FOR YOU AND RENTAL INCOME TOO!
Long Beach is located in Washington. Long Beach, Washington has a population of 1,925. Long Beach is more family-centric than the surrounding county with 25.3% of the households containing married families with children. The county average for households married with children is 17.87%.
The median household income in Long Beach, Washington is $41,250. The median household income for the surrounding county is $54,598 compared to the national median of $69,021. The median age of people living in Long Beach is 45.8 years.
The average high temperature in July is 66.9 degrees, with an average low temperature in January of 37.4 degrees. The average rainfall is approximately 85.6 inches per year, with 1.4 inches of snow per year.