408 N Main Street, Conconully, WA 98819

$172,500
1,404
SqFt

Listing courtesy of Windermere Omak Okanogan. Selling Office: Windermere Omak Okanogan.

Sold Price
$172,500
List Price
$210,000
Status
SOLD
MLS#
1028235
Closing Date
Mar 06, 2018
Days on Market
424
Style
55 - 5-9 Units
Building Condition
Good
Finished SqFt
1,404
Area Total SqFt
1404
Annual Tax Ammount
1569
Lot Size (sq ft)
5,000
Sewer
Sewer Connected

Property Description

Location, Location! Unique western town of Conconully Main St.--charming, cozy creek-front 1 bed, 1 bath home with detached garage/shop area consistently renting for $635/month adjacent to 4-unit efficient apartments with wonderful covered access. Four units also have consistent rental income with well-established, reliable renters. Your chance to own a perfect income property in this four-season recreational community with mountains, creeks and lakes at your very doorstep!

Additional Information

List Date
2017-01-06 00:00:00
Community
Conconully
Net Operating Income
$25,803
Gross Adjusted Income
$34,020
Gross Scheduled Income
$34,020
Total Monthly Income
$2,760
Insurance Expenses
$2,220
Water/Sewer/Garbage Expenses
$2,568
Gross Rent Multiplier
76
Total Expenses
$8,217
Cap Rate
12
Total Number of Units
5
Unit Name
408
Potential Terms
Cash Out, Conventional
Year Built
1983
Waterfront
Yes
View
City
Roof
Metal
Site Features
Deck, Outbuildings
Electric Expenses
720
Other Expenses
420
School District
Omak
Elementary School
N Omak Elem
Middle School
Omak Mid
High School
Omak High
Total Monthly Income
$2,760
Gross Scheduled Income
$34,020
Gross Adjusted Income
$34,020
Tax Year
2016
Insurance Expense
$2,220
W/S/G Expenses
$2,568
Total Expenses
$8,217
Net Operating Income
$25,803
Gross Rent Multiplier
76
Cap Rate
12
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