$1,299,950
 $6,978 est/mo Sourced by Back At You

306 W First Street , Port Angeles, WA 98362

Port Angeles, WA 98362

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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

Details

MLS#2303930
Listing TypeFor Sale
StyleTown House
Building NameBayview Apartments
Sub-TypeResale
StatusActive
Year1921
Days On Site112
Listing Provided ByIdeal Real Estate | Joanne Soderlind

Features

SQ Feet11,856
Story(s)3
Units12
Acreage0.16
Property ViewYes

Market Activity 98362

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 Listings courtesy of NWMLS as distributed by MLS GRID.

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Listings Checked: 2 minutes ago
StateWA
CountyClallam
CityPort Angeles
Zip Code98362
Area921 Central East Port Angeles
Community NamePort Angeles
School DistrictBuyer To Verify
Elementary SchoolBuyer To Verify
Middle SchoolBuyer To Verify
High SchoolBuyer To Verify
Listing VS Median (in Port Angeles)
Price:
$1,299,950
low | high
Med:
$449,000
100% of Average
SqFt:
11,856
low | high
Med:
740
100% of Average
$ / SqFt:
$110
low | high
Med:
$607
100% of Average
On Site:
112
low | high
Med:
26.000000
100% of Average
Sourced by Back At You
Listing Updated: January 21, 2025 at 2:03:58 PM PST