$3,200,000
BEDS
--
BATHS
--
SQFT
--
ACRES
0.32
Status: Active,
MLS # 202416427, Listed by: C-21 Kelly Davis
Status: Active,
MLS # 202416427, Listed by: C-21 Kelly Davis
101 W 4th Ave is a $3,200,000 home on a 0.32 acre lot located in Metaline Falls, WA.
Seller’s Description
Your rare opportunity to own a 57 unit, five story apartment building! Property has 29 one bedroom, 18 studio and 10 two bedroom units, all with single bathrooms, and full basement with community laundry, bathrooms, and rec area. All floors accessible by elevator, and each unit has the opportunity to be individually metered. Each room is serviced by electric heat, and newer vinyl thermo pane windows have been installed throughout the building. The units are very spacious, clean and well maintained. The building is a concrete and brick structure that was originally started in 1929 as two levels, and the additional top 3 levels were added in the early 1950's. Property currently has over a 7.3% cap rate, with a projected 8%+ cap rate in 2024! The building is serviced by the local PUD utility.
Features
INTERIOR
| Basement | Basement - Finished Basement - Rec/Family Area See Remarks |
| Interior Features | Family Rec Room - Bsmt |
| Heating Types | Electric |
EXTERIOR
| Parking Types | Off Site |
| Exterior Features | Laundry See Remarks City Street Paved Road |
| Views | City |
| Construction Types | Brick |
| Land Type | Corner Lot Irregular Lot Level |
PROPERTY
| Property Type | Residential Income |
| Property Sub Type | Rental |
| Style | Boats Cabins/Cottages |
| Year Built | 1953 |
| HOA Fee | $0.00 |
| Taxes | $0.00 |
| County | pend oreille |
The data relating to real estate on this website derive in part from the MLS Grid Web API.
Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction.
All properties are subject to prior sale, change or withdrawal. Neither Heart & Homes NW nor any listing broker shall be responsible for
any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data.
Information is believed to be accurate but is not guaranteed.
This data is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify
prospective properties they may be interested in purchasing. © 2024 MLS Grid..
