Premier Real Estate Partners
Listed by Premier Real Estate Partners
$889,000
42 N First St
Details
APN 201220120090
Property Type Multifamily
Sub Type Apartment Building
Square Footage 3,480
Units 2
Cap Rate 6.00%
Price per SqFt $259
Class B
Year Built 1978
Acreage 0.500
Zoning Multi-Family
Parking Spaces 4 spaces
Parking per 1,000 SqFt 1.15
Rent ready Duplex with extra Land to Develop more units!
Marketing description
Come see this beautifully remodeled duplex ideally located just steps from the beach, offering stunning southwest-facing ocean views. Each spacious unit features 4 bedrooms, 2 bathrooms, a full kitchen, and in-unit laundry, making it perfect for both comfortable living and strong rental potential. The property is fully updated and truly move-in ready, allowing for immediate use or income generation. Situated just minutes from the popular Seabrook community and its shops, dining, and amenities, this property is perfectly positioned for a successful Airbnb or short-term rental investment. Guests will love the proximity to the beach and the convenience of nearby attractions. The opportunity doesn’t stop there, this property offers incredible upside potential. With ample space, you could explore building additional duplexes, converting the existing structure into a fourplex, or utilizing the existing sewer stub for RV parking or additional income streams. Whether you’re looking to expand your portfolio or create a long-term coastal retreat, this property presents multiple avenues for growth. Don’t miss this rare opportunity to own a versatile, income-producing property on the Washington coast with both immediate cash flow potential and future development possibilities.
Listing Contacts
Premier Real Estate Partners
Listed by Premier Real Estate Partners
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