306 W First Street
Port Angeles, WA 98362
11856 sqft | 0.16 acres | #2303930
Description
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 $148K 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
Property Details
- InteriorLaminate, Wall to Wall Carpet
- Lot DescriptionAlley, Paved, Sidewalk
- ViewMountain(s), Strait
- Date ListedOctober 21, 2024
- Sewer InformationSewer Connected
- Elementary SchoolBuyer To Verify
- Middle SchoolBuyer To Verify
- High SchoolBuyer To Verify
- Style56 - 10+ Units
- Property TypeMulti-Family
- SubdivisionPort Angeles
- School DistrictPort Angeles
- Property SubtypeMulti-Family
- Structure TypeMulti Family
- Original List Price$1,299,950
- CountyClallam
- MLS #2303930
- Cost1299950
- MLS #2303930
- Exterior MaterialsStucco
- Acres0.1607
- Utility SourcePublic
- Taxes Annual$2,853
- Square Feet11856
- Year Built1921
- Property ConditionGood
- Days on Market (Cumulative)62
- Stories3
Legal
The information contained in this listing has not been verified by Northwest Multiple Listing Service (NWMLS) - WA and should be verified by the buyer.
Based on information submitted to the MLS GRID as of 2024-11-13 20:17:41. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
The database information herein is provided from and copyrighted by the Northwest Multiple Listing Service (NWMLS). NWMLS data may not be reproduced or redistributed and is only for people viewing this site. Listings that feature the "three tree" icon are provided courtesy of NWMLS. All information provided is deemed reliable but is not guaranteed and should be independently verified. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright.
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Last Updated: . Source: NWMLS
Listing Courtesy
Listing Agent: Joanne Soderlind (#NWM129198)
Listing Office: Ideal Real Estate (#NWM6463)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.
