$850,000

404 S 3rd Street, Chelan, WA 98816

  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1960
  • Property Lot Size Icon8,712sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 2 months ago

Property Description

This listing courtesy of Guy Evans, Guy Evans Lake Chelan Real Est

Rare downtown Chelan triplex offering solid investment potential! Neat and tidy with a low-maintenance brick exterior, this 4,064 sq ft property features three larger-than-average rental units (864, 1,600 & 1,600 sq ft), each with its own washer/dryer and updated baths. A small lake view enhances the upstairs unit. A two garage bay, 864 sf basement storage area could create added revenue. Bonus side lot offers future condo development possibilities. Prime location just blocks from the lake, dining, and shopping. With a projected 5.4% cap rate with market rents (buyer to verify), this is a strong income property in one of Chelan’s most desirable areas.

Listing Status:
Active
Listing Office:
Guy Evans Lake Chelan Real Est : 509-670-3608
Listing Agent:
Guy Evans : 509-670-3608
MLS ID:
2428172
  • Flooring: Ceramic TileHardwoodVinylVinyl PlankCarpet
  • A/C: Wall Unit(s)Window Unit(s)
  • Heating: BaseboardWall Unit(s)
  • Fireplace: Fireplaces: 0
  • General: BrickWood
  • Parking: Parking spaces: 1
  • Roofing: Composition
  • General: 53 - Tri-plexPoured Concrete
  • HOA Amenities: 0.0
  • Originating MLS: nwmls
  • School District: Lake Chelan
  • County: Chelan
  • Zoning: 272213310250
  • View: LakeTerritorialView
  • Water: Public
  • Sewer: Sewer Connected
  • Source: nwmls

This listing courtesy of Guy Evans, Guy Evans Lake Chelan Real Est

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

M

Morgen Owings Elementary School

407 E Woodin Ave, Chelan, WA, 98816

Grades KG-5

0.57 miles away

C

Chelan Middle School

215 Webster Ave, Chelan, WA, 98816

Grades 6-8

0.18 miles away

C

Chelan High School

215 Webster Ave, Chelan, WA, 98816

Grades 9-12

0.18 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.