$1,299,950
For Sale

306 W First Street

Port Angeles, WA 98362
11856 sqft | 0.16 acres | #2303930
Listing OfficeIdeal Real Estate
Browse 39 photos
Type:Multi-Family
Structure:Duplex/Multi-Unit
Zone:Residential

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

  • Interior Details
      • InteriorLaminate, Wall to Wall Carpet
  • Property Details
      • Lot DescriptionAlley, Paved, Sidewalk
      • ViewMountain(s), Strait
      • Exterior MaterialsStucco
      • Stories3
    • Measurements
      • Acres0.1607
      • Square Feet11856
  • Construction Details
      • Style56 - 10+ Units
      • Property TypeMulti-Family
    • Condition
      • Year Built1921
  • Utilities / Energy Details
      • Sewer InformationSewer Connected
      • Utility SourcePublic
  • Community and Neighborhood Details
      • SubdivisionPort Angeles
    • Location
      • Elementary SchoolBuyer To Verify
      • Middle SchoolBuyer To Verify
      • High SchoolBuyer To Verify
      • School DistrictPort Angeles
      • CountyClallam
  • Financial Details
      • Original List Price$1,299,950
      • Taxes Annual$2,853
      • Days on Market (Cumulative)41
  • Other
      • MLS #2303930
Gordon StephensonReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

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2.6%
$
$
annually
$
monthly

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.

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Loan Amount
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