Bought with: RE/MAX Lake and Country
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Key Details
Sold Price $499,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 9,926 sqft
Price per Sqft $50
Subdivision Okanogan
MLS Listing ID 1883473
Sold Date 03/07/22
Style 55 - 5-9 Units
Year Built 1912
Annual Tax Amount $2,849
Lot Size 0.327 Acres
Property Sub-Type Multi-Family
Property Description
Historic 9 unit apartment building looking for its new owner/investor. Its current owners have operated these apartments for nearly 5 decades, and have great rental history. With a cap rate at over 9%, it makes for a great investment. This complex has so much to offer, large sized units, and tons of character in every unit. Shared laundry room with sink and 2 sets of washer and dryers. Two units have unique rooftop decks. Storage shed in rear parking area for a little additional rental income. Also has an attached storage/shop area which is a plus to the landlord for maintenance items and repairs. Location of this unit is optimal for tenants being so close to everything that the city of Okanogan has to offer. Don't miss this opportunity!!
Location
State WA
County Okanogan
Area 620 - Okanogan Valley
Interior
Interior Features Ceramic Tile, Hardwood, Wall to Wall Carpet
Flooring Ceramic Tile, Hardwood, Carpet
Fireplace false
Exterior
Exterior Feature Stucco, Wood
Utilities Available Sewer Connected, Electric
Amenities Available Outbuildings, Patio, Rooftop Deck, Shop
View Y/N Yes
View City, River
Roof Type Flat,Metal
Building
Lot Description Paved, Sidewalk
Sewer Sewer Connected
Water Public
New Construction No
Schools
Elementary Schools Buyer To Verify
Middle Schools Buyer To Verify
High Schools Buyer To Verify
School District Okanogan
Others
Senior Community No
Acceptable Financing Cash Out, Conventional, Owner Financing
Listing Terms Cash Out, Conventional, Owner Financing
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Nearby Locations
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