301 E Second Street, Cle Elum, WA 98922
- $380,000
- 2,454
- SqFt
Listing Broker: Windermere Real Estate JS; Bud Laird; ; Selling Office: John L. Scott Real Estate CLM.
- Sold Price
- $380,000
- List Price
- $425,000
- Status
- SOLD
- MLS#
- 2165553
- Closing Date
- Nov 08, 2023
- Days on Market
- 21
- Style
- 53 - Tri-plex
- Building Condition
- Fixer
- Finished SqFt
- 2,454
- Area Total SqFt
- 2454
- Annual Tax Ammount
- 2398
- Lot Size (sq ft)
- 5,227
- Sewer
- Sewer Connected
Property Description
Investor - Builder Alert!! Estate Sale, 3 Unit Converted Apartment Building in Downtown Cle Elum with endless possibilities. Property is Zoned Multi Family and includes a 2 Bed 2 Bath Unit / 1 Bd 1 Bath Unit / Studio 1 Bath w/ Kitchen Unit. The structure is sound but in need of renovation and updating. The lower unit still has much of the original charm including Millwork, Hardwoods, Hardware and Enclosed Front Porch. Only 1 unit is currently occupied month to month at this time allowing for renovation in the others. Large unfinished Basement not included in the Sq Footage. Plenty of on and off street parking, storage sheds and on natural gas, within minutes to everything in Down Town Cle Elum.
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Additional Information
- List Date
- 2023-10-18 00:00:00
- Community
- Cle Elum
- Net Operating Income
- $7,800
- Gross Adjusted Income
- $7,800
- Gross Scheduled Income
- $650
- Total Monthly Income
- $650
- Insurance Expenses
- $2,545
- Water/Sewer/Garbage Expenses
- $3,400
- Gross Rent Multiplier
- 58
- Total Expenses
- $11,143
- Cap Rate
- 58
- Vacancy Rate
- 66
- Total Number of Units
- 3
- Unit Name
- 301
- Potential Terms
- Cash Out, Conventional, Rehab Loan
- Year Built
- 1920
- Roof
- Composition
- Site Features
- Gas Available
- Electric Expenses
- 2800
- Energy Source
- Natural Gas
- School District
- Cle Elum-Roslyn
- Elementary School
- Cle Elum Roslyn Elem
- Middle School
- Walter Strom Jnr
- High School
- Cle Elum Roslyn High
- Total Monthly Income
- $650
- Gross Scheduled Income
- $650
- Vacancy Rate
- 66
- Gross Adjusted Income
- $7,800
- Tax Year
- 2023
- Insurance Expense
- $2,545
- W/S/G Expenses
- $3,400
- Total Expenses
- $11,143
- Net Operating Income
- $7,800
- Gross Rent Multiplier
- 58
- Cap Rate
- 58
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.