1425 W Hwy 101

    Port Angeles, WA 98363
    • $597,900
    • STATUS: Pending Inspection
    • ON SITE: 425 days
    • ID#: 1112114
    Under Contract
    UPDATED: 14 min ago
    $597,900
    • 0
      BEDS
    • 7.3
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 5,494
      SQFT
    • $109
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1964
    County:

    School Information

    Elementary School:
    Middle School:
    High School:
    School District:
    Listing Courtesy of Coldwell Banker Bain.

    Description

    Beautiful 7.30 AC with 3 BLDGs, approx 5500 SFT total: Large house w/ 2 BR 2 BA + Bonus Rm & garage w/daylight basement unit; 4-Plex & Duplex APTS. Extra land for development w/wetland determination done 2013. Broad zoning for many uses: Multi family, duplexes, mobile home park, up to 9 units per AC. Major remodel 2008: new roof w/insulation, new windows, cabinets & more. Priced well below book value. Currently 100% occupied. Tremendous investment potential in the growing city of Port Angeles.

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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 NW Home Experts are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2018-06-25T07:16:11.667.

    www.nwhomeexperts.com/homes/71972036

    1425 W Hwy 101 Port Angeles, WA 98363

    • Price: $597,900
    • Status: Pending Inspection
    • Updated: 14 min ago
    • ID#: 1112114
    0
    Beds
    0
    Baths
    0
    ½ Baths
    7.3
    Acres
    5,494
    SQFT
    $109
    $/SQFT
    1964
    Built
    Neighborhood:
    Port Angeles
    County:
    Clallam
    Area:
    Central West Port Angeles
    Elementary School:
    Dry Creek Elem
    Middle School:
    Stevens Mid
    High School:
    Buyer To Verify
    School District:
    Port Angeles
    Property Description
    Beautiful 7.30 AC with 3 BLDGs, approx 5500 SFT total: Large house w/ 2 BR 2 BA + Bonus Rm & garage w/daylight basement unit; 4-Plex & Duplex APTS. Extra land for development w/wetland determination done 2013. Broad zoning for many uses: Multi family, duplexes, mobile home park, up to 9 units per AC. Major remodel 2008: new roof w/insulation, new windows, cabinets & more. Priced well below book value. Currently 100% occupied. Tremendous investment potential in the growing city of Port Angeles.
    Exterior Features

    Building Condition Good Carport Spaces 0 Construction Methods Standard Frame Exterior WoodWood Products Foundation Slab Garage Spaces 1 Lot Details Value In Land Roof CompositionMetal Stories In Building 1 Style 55 - 5-Plex Total Parking Spaces 12 Uncovered Spaces 12 View Territorial

    Interior Features

    Floor Covering VinylWall to Wall Carpet Heating And Cooling Baseboard Unit1 Bathrooms 1.00 Unit1 Bedrooms 1 Unit1 Fireplaces 0 Unit1 Range Oven Y Unit1 Refrigerator Y Unit1 Sq Ft 432 Unit2 Bathrooms 1.00 Unit2 Bedrooms 1 Unit2 Fireplaces 0 Unit2 Range Oven Y Unit2 Refrigerator Y Unit2 Sq Ft 432 Unit3 Bathrooms 1.00 Unit3 Bedrooms 1 Unit3 Fireplaces 0 Unit3 Range Oven Y Unit3 Refrigerator Y Unit3 Sq Ft 432 Unit4 Bathrooms 1.00 Unit4 Bedrooms 1 Unit4 Fireplaces 0 Unit4 Range Oven Y Unit4 Refrigerator Y Unit4 Sq Ft 432 Unit5 Bathrooms 2.00 Unit5 Bedrooms 3 Unit5 Fireplaces 0 Unit5 Range Oven Y Unit5 Refrigerator Y Unit5 Sq Ft 2384 Unit6 Bathrooms 1.00 Unit6 Bedrooms 1 Unit6 Fireplaces 0 Unit6 Range Oven Y Unit6 Refrigerator Y Unit6 Sq Ft 392 Units Below Grade Y

    Property Features

    Bank Owned No Cap Rate 4.80 Electrical Expenses 6917 Energy Source Electric EPSEnergy 0 Form17 Provided General Zoning Classification Multi-FamilyResidential Gross Adjusted Income 65400 Gross Rent Multiplier 9 Gross Scheduled Income 65400 Heating Expenses 0 Hers Index 0 Home Owner Dues 0 Insurance Expenses 2828 Leased Items None Net Operating Income 28431 New Construction YN No Other Expenses 13476 Possession Closing Power Company Pud 1 Right Of First Refusal No Septic Approved For Number Of Bedrooms 0 Sewer Sewer Connected Sewer Company City Of Port Angeles Site Features Patio Tax Amount 4917 Tax Year 2017 Terms Cash OutConventional Third Party Approval Required None Total Expenses EXP 36969 Total Expenses TEX 36969 Total Monthly Income 5450 Unit1 Monthly Rent 600 Unit2 Monthly Rent 600 Unit3 Monthly Rent 675 Unit4 Monthly Rent 650 Unit5 Monthly Rent 1100 Unit6 Monthly Rent 600 Vacancy Rate 0 Water Company Dry Creek Water Sewer Garbage 8561 Water Source CommunityPublic Zoning Jurisdiction County

    Listing information © 2018 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 NW Home Experts 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 NW Home Experts are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2018-06-25T07:16:11.667.

     
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    Listing Courtesy of Coldwell Banker Bain.