Listed by Windermere RE/Lake Chelan, Bought with Windermere RE/Methow Valley
$425,000
SOLD JUN 28, 2024

601 Alder St Twisp, WA 98856

-- Bed
-- Bath
1,960 Sq Ft
7,405 Sq Ft Lot

Recently Sold

$217 Per Sq Ft

11% Below List Price

12 Days on Market

Highlights

  • City View
  • Forced Air Heating and Cooling System
  • Vinyl Plank Flooring
  • No HOA

About This Home

As of June 2024

Come see this rare opportunity to own an investment property in downtown TWISP! Side by side duplex with an attached single car garage. 2 bedrooms and 1.5 bathrooms on each side. Located in the historic downtown core, close to shopping, dining, and the best of Methow recreation right at your doorstep. Both units have AC, low maintenance landscaping, and are connected to city utilities. Carpets were recently deep cleaned. Both units are currently occupied and are well below market rate. Live in one and rent out the other, or keep it as an income generating property. Airbnb or vacation rentals may also be an option. Buyer to do their due diligence on rental options. Pre-inspection available upon request. Call today for a private tour!

Last Agent to Sell the Property

Lukas Sztab

Windermere RE/Lake Chelan License #133736

Windermere RE/Lake Chelan

Co-Listed By

Emily Hawkins

Windermere Real Estate/HLC License #23012333

Last Buyer's Agent

Alexis Monetta Port

Windermere RE/Methow Valley License #21002484

Windermere RE/Methow Valley

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2235696

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,622

Year Built

  • Built in 1993

Lot Details

  • 7,405 Sq Ft Lot
  • Property is in good condition

Property Views

  • City
  • Mountain

Home Design

  • Duplex
  • Poured Concrete
  • Metal Roof
  • Wood Composite

Interior Spaces

  • 1,960 Sq Ft Home
  • 2-Story Property

Flooring

  • Wall to Wall Carpet
  • Vinyl Plank
  • Vinyl

Parking

  • 6 Parking Spaces
  • 2 Covered Spaces
  • Open Parking

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System

Community Details

  • No Home Owners Association
  • Twisp Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2740062500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,622

Year Built

Built in 1993

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1993
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 1960
  • Special Features: None
  • Cumulative Days on Market: 257

Interior Features

  • Possible Use: Multi-Family, Residential
  • Fireplace: No
  • Flooring: Vinyl, Vinyl Plank, Carpet
  • Interior Amenities: Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullUpper: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsUpper: 0

Exterior Features

  • Roof: Metal
  • View: City, Mountain(s)
  • Lot Features: Alley, Paved
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood Products
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: Duplex
  • ConstructionMethods: Standard Frame

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Open Parking Spaces: 4
  • Open Parking: Yes
  • Total Parking Spaces: 6
  • ParkingUncoveredSpaces: 4

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Cooling: Central A/C, Forced Air
  • Cooling Y N: Yes
  • Heating: Forced Air, Heat Pump
  • Heating Yn: Yes
  • PowerCompany: Okanogan County PUD
  • SewerCompany: City of Twisp
  • WaterCompany: City of Twisp
  • WaterSewerGarbage: 3936

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Methow Valley

Lot Info

  • Parcel Number: 2740062500
  • Lot Size Acres: 0.17
  • Lot Size Sq Ft: 7405
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: Realist
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family,Residential

Green Features

  • Power Production Type: Electric

Rental Info

  • GrossRentMultiplier: 16
  • LeasedItems: None
  • TotalMonthlyIncome: 2500

Multi Family

  • Gross Scheduled Income: 30000
  • Net Operating Income: 22460
  • Number Of Units Total: 2
  • Insurance Expense: 982
  • Leasable Area: 1960
  • EnergySource: Electric
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2023
  • Tax Annual Amount: 2622

Map

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 Change Sq Ft Price
06/28/2024 06/28/24 Sold $425,000 -11.5% $217 / Sq Ft
05/22/2024 05/22/24 Pending -- -- --
05/10/2024 05/10/24 For Sale $480,000 +60.5% $245 / Sq Ft
05/11/2020 05/11/20 Sold $299,000 0.0% $153 / Sq Ft
04/14/2020 04/14/20 Pending -- -- --
03/31/2020 03/31/20 For Sale $299,000 0.0% $153 / Sq Ft
03/20/2020 03/20/20 Pending -- -- --
03/14/2020 03/14/20 For Sale $299,000 -- $153 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2235696

Northwest Multiple Listing Service (NWMLS)