WA > Port Angeles > Port Angeles
Port Angeles, WA 98362,306 W First ST
Port Angeles, WA 98362,306 W First ST
Port Angeles, WA 98362,306 W First ST
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Listed by Ideal Real Estate
$1,299,950
Est. payment /mo
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15 BD
12 BA
11,856 SqFt
Active

306 W First ST Port Angeles, WA 98362

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Bob Papke

Bob Papke

+1(206) 890-5124

UPDATED:

11/14/2024 04:17 AM

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 11,856 sqft

Price per Sqft $109

Subdivision Port Angeles

MLS Listing ID 2303930

Style 56 - 10+ Units

Bedrooms 15

Year Built 1921

Annual Tax Amount $2,853

Lot Size 7,000 Sqft

Property 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

Location

State WA

County Clallam

Area 921 - Central East Port Angeles

Interior

Interior Features Laminate, Wall to Wall Carpet

Flooring Laminate, Carpet

Fireplace false

Exterior

Exterior Feature Stucco

View Y/N Yes

View Mountain(s), Strait

Roof Type Flat

Building

Lot Description Alley, 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 Port Angeles

Others

Senior Community No

Acceptable Financing Cash Out, Conventional

Listing Terms Cash Out, Conventional

Northwest MLS (NWMLS)
"Three Trees" icon indicates a listing provided courtesy of NWMLS.

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Bob Papke

Broker | License ID: 98412

+1(206) 890-5124

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