527-529 E First St

    Port Angeles, WA 98362
    • $679,950
    • STATUS: Active
    • ON SITE: 61 days
    • ID#: 1492096
    $679,950
    • 0
      BEDS
    • 0.16
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 10,546
      SQFT
    • $64
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1970
    County:

    School Information

    Elementary School:
    Middle School:
    High School:
    School District:
    Listing Courtesy of Brody Broker / Keller Williams.

    Description

    This well-maintained apartment building with a central location in Port Angeles is an opportunity to have a steady cash flow for years to come. It includes 12 units, 4 separate storage units, and a coin-operated laundry. Professional management is included in the expenses, but a local owner could easily self manage and increase the cash flow. Zoning would also allow several units to be operated or leased for commercial use. Under the same ownership for the last 15 years. Owner financing Possible

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    The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than The Kendra Todd Group at Keller Williams are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2019-09-23T00:15:17.003.

    www.thekendratoddgroup.com/homes/97203122

    527-529 E First St Port Angeles, WA 98362

    • Price: $679,950
    • Status: Active
    • ID#: 1492096
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.16
    Acres
    10,546
    SQFT
    $64
    $/SQFT
    1970
    Built
    Neighborhood:
    Port Angeles
    County:
    Clallam
    Area:
    Central East Port Angeles
    Elementary School:
    Buyer To Verify
    Middle School:
    Buyer To Verify
    High School:
    Buyer To Verify
    School District:
    Port Angeles
    Property Description
    This well-maintained apartment building with a central location in Port Angeles is an opportunity to have a steady cash flow for years to come. It includes 12 units, 4 separate storage units, and a coin-operated laundry. Professional management is included in the expenses, but a local owner could easily self manage and increase the cash flow. Zoning would also allow several units to be operated or leased for commercial use. Under the same ownership for the last 15 years. Owner financing Possible
    Exterior Features

    Building Condition Good Carport Spaces 0 Exterior Metal/Vinyl Foundation Poured Concrete Garage Spaces 3 Lot Details AlleyCurbsPaved Street Roof Flat Stories In Building 2 Style 56 - 6-9 Units Total Parking Spaces 3 Uncovered Spaces 0 View Mountain

    Interior Features

    Floor Covering VinylWall to Wall Carpet Heating And Cooling BaseboardWall Unit1 Bathrooms 0.00 Unit1 Bedrooms 2 Unit1 Dishwasher N Unit1 Fireplaces 0 Unit1 Range Oven Y Unit1 Refrigerator Y Unit1 Sq Ft 0 Unit1 Washer Dryer N Unit2 Bathrooms 0.00 Unit2 Bedrooms 1 Unit2 Dishwasher N Unit2 Fireplaces 0 Unit2 Range Oven Y Unit2 Refrigerator Y Unit2 Sq Ft 0 Unit2 Washer Dryer N Unit3 Bathrooms 0.00 Unit3 Bedrooms 1 Unit3 Dishwasher N Unit3 Fireplaces 0 Unit3 Range Oven Y Unit3 Refrigerator Y Unit3 Sq Ft 0 Unit3 Washer Dryer N Unit4 Bathrooms 0.00 Unit4 Bedrooms 1 Unit4 Dishwasher N Unit4 Fireplaces 0 Unit4 Range Oven Y Unit4 Refrigerator Y Unit4 Sq Ft 0 Unit4 Washer Dryer N Unit5 Bathrooms 0.00 Unit5 Bedrooms 1 Unit5 Dishwasher N Unit5 Fireplaces 0 Unit5 Range Oven Y Unit5 Refrigerator Y Unit5 Sq Ft 0 Unit5 Washer Dryer N Unit6 Bathrooms 0.00 Unit6 Bedrooms 1 Unit6 Dishwasher N Unit6 Fireplaces 0 Unit6 Range Oven Y Unit6 Refrigerator Y Unit6 Sq Ft 0 Unit6 Washer Dryer N Units Below Grade N

    Property Features

    Amenities Coin Op LaundryStorageSee Remarks Bank Owned No Cap Rate 7.00 Electrical Expenses 9000 Energy Source Electric EPSEnergy 0 Form17 Provided General Zoning Classification Commercial Gross Adjusted Income 80960 Gross Rent Multiplier 0 Gross Scheduled Income 94140 Heating Expenses 0 Hers Index 0 Home Owner Dues 0 Insurance Expenses 3137 Leased Items None Net Operating Income 50004 New Construction YN No Other Expenses 7978 Possession ClosingSub. Tenant's Rights Power Company City Right Of First Refusal No Septic Approved For Number Of Bedrooms 0 Sewer Sewer Connected Sewer Company City Site Features Cable TVHigh Speed Internet Tax Amount 2356 Tax Year 2018 Terms Cash OutConventionalOwner Financing Third Party Approval Required None Total Expenses EXP 30956 Total Expenses TEX 30956 Total Monthly Income 7850 Unit1 Monthly Rent 711 Unit2 Monthly Rent 602 Unit3 Monthly Rent 553 Unit4 Monthly Rent 564 Unit5 Monthly Rent 625 Unit6 Monthly Rent 656 Vacancy Rate 14 Water Company City Water Sewer Garbage 9000 Water Source Public Zoning Jurisdiction City

    Listing information © 2019 Northwest Multiple Listing Service. Information is based on data available to the associate, including county records. The information contained in this listing has not been verified by The Kendra Todd Group at Keller Williams and should be verified by the buyer.


    The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than The Kendra Todd Group at Keller Williams are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2019-09-23T00:15:17.003.

     
    The Kendra Todd Group at Keller Williams
    1307 N. 45th Street Suite 300
    Seattle WA, 98103
    Listing Courtesy of Brody Broker / Keller Williams.