$1,200,000

306 W First Street, Port Angeles, WA 98362

  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1921
  • Property Lot Size Icon7,000sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 10 months ago

Property Description

This listing courtesy of Joanne Soderlind, Ideal Real Estate

Own a piece of Port Angeles history! Bayview Apartments has been a landmark in downtown Port Angeles since 1921. With 12 units there is constant cashflow and these units are in high demand and rent instantly. The yearly income is over $158K and the current owners have spent the last seven years going through the units and doing repairs and upgrades. At this point, the building is in great shape and future expenses should be minimal. The unfinished bottom story provides an opportunity to expand the building by 50% without a lot of expense meaning that cashflow can easily increase with some additional investment. Lot to the West is also available for sale separately

Listing Status:
Pending
Listing Office:
Ideal Real Estate : 360-504-3200
Listing Agent:
Joanne Soderlind : 360-504-3200
MLS ID:
2303930

This listing courtesy of Joanne Soderlind, Ideal Real Estate

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

S

Special Education

216 E 4th St, Port Angeles, WA, 98362

Grades PK-12

0.45 miles away

S

Special Education

216 E 4th St, Port Angeles, WA, 98362

Grades PK-12

0.45 miles away

S

Special Education

216 E 4th St, Port Angeles, WA, 98362

Grades PK-12

0.45 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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