Extensively updated income-generating 8-Plex less than a block from Birch Bay State Park offers easy access to restaurants, breweries, and shops. This renovated and extensively-maintained building has 8 fully rented 1 bed, 1 bath units ranging from 300-495 sq ft. 5.4% cap rate at current below-market rents. Canal access behind property for paddle-boarding, kayaking, or fishing. Property includes on-site coin-opp laundry, 3 storage sheds, and dedicated on-site parking. 4 units come furnished. Zoning is Commercial Motel. Co-Listing agent is a licensed Real Estate Broker in Washington State.
Current Location
