Bought with Forks Avenue Real Estate
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Key Details
Sold Price $365,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 3,072 sqft
Price per Sqft $118
Subdivision Forks
MLS Listing ID 1717432
Sold Date 04/13/21
Style 52 - Duplex
Year Built 1973
Annual Tax Amount $1,953
Lot Size 0.560 Acres
Lot Dimensions 202x120
Property Description
INVESTOR ALERT!! Here is your chance to own a well maintained 2 duplex / 4 unit investment. Almost fully fenced, includes grassy areas, room to turn around and a central paved drive. In 2017 property was upgraded with double pane vinyl windows and re-roofed with 30 year laminate shingles. Three of the four units have been updated with tough, water resistant laminate flooring throughout: subflooring replaced as necessary and new bathroom fixtures. Each unit features 2 bedrooms, 1 bathroom, covered carport, and utility room with washer dryer hookups. Strong rental history with quick re-rental and long term tenants. 2020 Gross Income of $30,475 and NOI of $21,669; new leases estimate increases to a 7% cap rate.
Location
State WA
County Clallam
Area 928 - Southwest Clallam
Interior
Interior Features Wall to Wall Carpet, Laminate
Flooring Laminate, Carpet
Fireplace No
Exterior
Exterior Feature Wood, Wood Products
Utilities Available High Speed Internet, Septic System, Electric
Amenities Available Fenced-Partially, High Speed Internet
Waterfront No
View Y/N Yes
View Territorial
Roof Type Composition
Building
Lot Description Paved
Sewer Septic Tank
Water Public
New Construction No
Schools
Elementary Schools Forks Elem
Middle Schools Forks Mid
High Schools Forks High
School District Quillayute
Others
Senior Community No
Acceptable Financing Cash Out, Conventional, VA Loan
Listing Terms Cash Out, Conventional, VA Loan
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