Share this with your friends
(509) 255-8072
Nick McLean Real Estate Group
548 Oak Street, Okanogan, WA 98840
- $227,500
- 2,028
- SqFt
Listing Broker: RE/MAX Welcome Home; Kory R. Heindselman; ; Selling Office: RE/MAX Welcome Home.
- Sold Price
- $227,500
- List Price
- $224,900
- Status
- SOLD
- MLS#
- 2303462
- Closing Date
- Nov 29, 2024
- Style
- 53 - Tri-plex
- Building Condition
- Good
- Finished SqFt
- 2,028
- Area Total SqFt
- 2028
- Annual Tax Ammount
- 1279
- Lot Size (sq ft)
- 11,761
- Sewer
- Sewer Connected
Property Description
INVESTMENT OPPORTUNITY in Okanogan. Tri-plex on .27 acre corner lot with irrigation. Main floor Unit A is approx. 904 sq ft, 1 bed, 1 bath, with living room, dining area, kitchen with appliances, back porch with W/D hookup. Unit B is studio apt with approx. 448 sq ft, separate kitchen w/appliances, .75 bath, living room/bedroom. Unit C - upstairs, recently remodeled - is approx 676 sq ft, 2 bedroom, 1 bath, living room, kitchen with appliances, island &breakfast bar. Mini-splits, BB, and wall units heat/cooling. Metal roof, small attached garage/storage. Some upgraded windows, electrical, plumbing. Landscaped yard, plenty of parking, garden area, Alta Vista Irrigation. Lots of potential. $224,900 MF-3613/MLS2303462
/u.realgeeks.media/nickmcleanrealestate/87e4b35fa9d8-4902_logo_nick_new_n_20230428083239.png){kind=logo}
Additional Information
- Community
- Okanogan
- Net Operating Income
- $12,900
- Gross Adjusted Income
- $33,600
- Gross Scheduled Income
- $33,600
- Total Monthly Income
- $2,800
- Insurance Expenses
- $1,288
- Water/Sewer/Garbage Expenses
- $6,700
- Gross Rent Multiplier
- 6.6
- Total Expenses
- $14,267
- Cap Rate
- 5.7
- Total Number of Units
- 3
- Unit Name
- 548
- Potential Terms
- Cash Out, Conventional
- Year Built
- 1910
- Roof
- Metal
- Site Features
- Fenced-Partially, High Speed Internet
- Other Expenses
- 5000
- Energy Source
- Electric
- School District
- Okanogan
- Elementary School
- Buyer To Verify
- Middle School
- Buyer To Verify
- High School
- Buyer To Verify
- Total Monthly Income
- $2,800
- Gross Scheduled Income
- $33,600
- Gross Adjusted Income
- $33,600
- Tax Year
- 2024
- Insurance Expense
- $1,288
- W/S/G Expenses
- $6,700
- Total Expenses
- $14,267
- Net Operating Income
- $12,900
- Gross Rent Multiplier
- 6.6
- Cap Rate
- 5.7
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.