110 Westlake Road, Oroville, WA 98844

$365,000
3,232
SqFt

Listing courtesy of Sun Lakes Realty. Selling Office: Sun Lakes Realty.

Sold Price
$365,000
List Price
$369,500
Status
SOLD
MLS#
1300573
Closing Date
Dec 06, 2018
Days on Market
160
Style
54 - 4-Plex
Building Condition
Average
Finished SqFt
3,232
Area Total SqFt
3232
Annual Tax Ammount
3861
Lot Size (sq ft)
19,166
Sewer
Septic Tank

Property Description

4 Unit Apt building on Lake Osoyoos w/fun sandy beach & near Deep Bay Park on Westside of Lake Osoyoos. Get your friends-each gets their own private apartment-offers the best value for ownership on the warmest most inviting lake anywhere. a 3 bdrm/2 bath, 2 w/2 bedrms & 1 bath, 1 bed/1 bth. 4 carports, 1 garage & 7 other parking spots. Also a huge storage building (1980 SF/3 units)approved 4 rental. Possible seller financing. Property needs someone who wants to have fun while making some income.

Additional Information

List Date
2018-06-29 00:00:00
Community
Oroville
Net Operating Income
$21,279
Gross Adjusted Income
$31,500
Gross Scheduled Income
$31,680
Total Monthly Income
$2,970
Insurance Expenses
$1,950
Water/Sewer/Garbage Expenses
$900
Gross Rent Multiplier
13
Total Expenses
$10,221
Cap Rate
5.25
Vacancy Rate
5
Total Number of Units
5
Unit Name
110
Potential Terms
Cash Out, Owner Financing
Year Built
1979
Waterfront
Yes
View
Lake
Roof
Metal, Torch Down
Site Features
Deck, Outbuildings, Patio, Sprinkler System
Electric Expenses
360
Other Expenses
3150
School District
Oroville
Total Monthly Income
$2,970
Gross Scheduled Income
$31,680
Vacancy Rate
5
Gross Adjusted Income
$31,500
Tax Year
2016
Insurance Expense
$1,950
W/S/G Expenses
$900
Total Expenses
$10,221
Net Operating Income
$21,279
Gross Rent Multiplier
13
Cap Rate
5.25
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