Listed by Ideal Real Estate, Bought with Better Properties NW
NOT LISTED FOR SALE

527 529 E First St Port Angeles, WA 98362

-- Bed
-- Bath
10,546 Sq Ft
6,992 Sq Ft Lot

Last Sold January 06, 2020

Last sale price $595,000 $56 Per Sq Ft

141 Days on Market

Highlights

  • Mountain View
  • Wall to Wall Carpet
  • 3-minute walk to Jessie Webster Park
  • High Speed Internet

About This Home

As of January 2020

This well-maintained apartment building with a central location in Port Angeles is an opportunity to have a steady cash flow for years to come. It includes 12 units, 4 separate storage units, and a coin-operated laundry. Professional management is included in the expenses, but a local owner could easily self manage and increase the cash flow. Zoning would also allow several units to be operated or leased for commercial use. Under the same ownership for the last 15 years. Owner financing Possible

Last Agent to Sell the Property

Brody Broker

Ideal Real Estate License #26875 Listed on: 07/23/2019

Last Buyer's Agent

Andre Scott

Better Properties NW License #110296

Better Properties NW

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1492096

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,356

Year Built

  • Built in 1970

Lot Details

  • 6,992 Sq Ft Lot
  • Property is in good condition

Home Design

  • Flat Roof Shape
  • Poured Concrete
  • Vinyl Construction Material

Interior Spaces

  • 10,546 Sq Ft Home
  • 2-Story Property
  • Mountain Views

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 3 Parking Spaces
  • 3 Covered Spaces

Utilities

  • High Speed Internet
  • Cable TV Available

Community Details

  • Port Angeles Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0630005120500000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,356

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 56 - 10+ Units
  • Year Built: 1970
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 10546
  • SOCComments: see form 7F in associated documents
  • Special Features: VirtualTour

Interior Features

  • Possible Use: Commercial
  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Coin Op Laundry,See Remarks,Storage

Exterior Features

  • Roof: Flat
  • View: Mountain(s)
  • Lot Features: Alley, Curbs, Paved
  • View: Yes
  • Waterfront: No
  • Exterior Features: Metal/Vinyl
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: Multi Family

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 3
  • Open Parking: No
  • Total Parking Spaces: 3
  • ParkingUncoveredSpaces: 0

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: Cable Connected, High Speed Internet, Sewer Connected, Electric
  • PowerCompany: City
  • SewerCompany: City
  • WaterCompany: City
  • WaterSewerGarbage: 9000

Schools

  • Junior High Dist: Port Angeles
  • High School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify

Lot Info

  • Parcel Number: 0630005120500000
  • Lot Size Acres: 0.1605
  • Lot Size Sq Ft: 6992
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,High Speed Internet
  • MLSLotSizeSource: Realist
  • ZoningJurisdiction: City
  • ZoningClass: Commercial

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 0
  • LeasedItems: None
  • TotalMonthlyIncome: 7850

Multi Family

  • Gross Scheduled Income: 94140
  • Net Operating Income: 50004
  • Number Of Units Total: 12
  • Electric Expense: 9000
  • Insurance Expense: 3137
  • Leasable Area: 10546
  • UnitsInBuildingTotal: 12
  • UnitsBelowGrade: false
  • VacancyRate: 14

Tax Info

  • Year: 2018
  • Tax Annual Amount: 2356

MLS Schools

  • Elementary School: Buyer To Verify

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/06/2020 01/06/20 Sold $595,000 -12.5% $56 / Sq Ft
12/11/2019 12/11/19 Pending -- -- --
12/03/2019 12/03/19 For Sale $679,950 0.0% $64 / Sq Ft
11/16/2019 11/16/19 Pending -- -- --
11/05/2019 11/05/19 For Sale $679,950 0.0% $64 / Sq Ft
09/28/2019 09/28/19 Pending -- -- --
08/26/2019 08/26/19 For Sale $679,950 0.0% $64 / Sq Ft
08/14/2019 08/14/19 Pending -- -- --
08/04/2019 08/04/19 For Sale $679,950 0.0% $64 / Sq Ft
07/26/2019 07/26/19 Pending -- -- --
07/23/2019 07/23/19 For Sale $679,950 -- $64 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1492096

Northwest Multiple Listing Service (NWMLS)