1005 1st Avenue, Okanogan, WA 98840

$132,000
1,344
SqFt

Listing courtesy of Okanogan County Realty, LLC. Selling Office: North Cascade Land & Home Co..

Sold Price
$132,000
List Price
$140,000
Status
SOLD
MLS#
1375348
Closing Date
Jan 02, 2019
Days on Market
64
Style
52 - Duplex
Building Condition
Fair
Finished SqFt
1,344
Area Total SqFt
1344
Annual Tax Ammount
1485
Lot Size (sq ft)
20,473
Sewer
Sewer Connected

Property Description

Income Opportunity.. This duplex is located on a large lot. Units are 1 bedroom, 1 bath each having a carport. Large yard with garden area, Okanogan River access. One long time renter (20 years) would be great for snowbirds. Property has a manager but renter mows and waters yard. One unit has been remodeled. Subject to tenants rights.

Additional Information

List Date
2018-10-30 00:00:00
Community
Okanogan
Net Operating Income
$7,087
Gross Adjusted Income
$12,780
Gross Scheduled Income
$12,780
Total Monthly Income
$1,065
Insurance Expenses
$652
Water/Sewer/Garbage Expenses
$2,437
Gross Rent Multiplier
11
Total Expenses
$7,087
Cap Rate
7.09
Total Number of Units
2
Unit Name
1005
Potential Terms
Cash Out, Conventional
Year Built
1966
Waterfront
Yes
Roof
Metal
Site Features
Fenced-Partially, Outbuildings
Other Expenses
2513
School District
Okanogan
Elementary School
Buyer To Verify
Middle School
Buyer To Verify
High School
Buyer To Verify
Total Monthly Income
$1,065
Gross Scheduled Income
$12,780
Gross Adjusted Income
$12,780
Tax Year
2018
Insurance Expense
$652
W/S/G Expenses
$2,437
Total Expenses
$7,087
Net Operating Income
$7,087
Gross Rent Multiplier
11
Cap Rate
7.09
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