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Property Details for 110 Water St Chelan WA 98816

MLS # : 1338290

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Property Photo MLS #: 1338290
110 Water St Chelan WA 98816
Listing Number:   1338290
Listing Price:   $689,000
Number of Units:   4
Lot Size:   8,317 Sq Ft
Total Parking Spaces:   4

Katz Realty, Inc.
Courtesy:   Coldwell Banker Lk Chelan Prop
-= Complex Details =-
Number of Units:   4
Features:   Deck, High Speed Internet

Electrical Expenses:   $1,624
Water/Sewer/Garbage:   $3,974
Heating Expenses:   $1
Insurance Expenses:   $1,172
Other Expenses:   $97
Total Expeses:   $32,917
Total Monthly Income:   $2,750
Net Operating Income:   $1,551
Gross Adjusted Income:   $34,568
Gross Scheduled Income:   $34,568
Cap Rate (NOI / Listing Price):   $1.00
Gross Rent Multiplier:   $19.00

Unit Rents
Rent Unit 1:   $12,000
Rent Unit 2:   $500
Rent Unit 3:   $600
Rent Unit 4:   $650
-= Building Details =-
Year Built:   1951
Effective Year Built:   1951
Effective Year Built Source:   PR
Building Condition:   Very Good
Style:   - 4-Plex
Number of Stories:   3
Amenities:   Thermal Windows
Roof:   Composition
Exterior:   Cement Planked
Floor Covering:   Ceramic Tile, Laminate Hardwood, Vinyl, Wall to Wall Carpet
Foundation:   Poured Concrete, Slab
Approx. Sq Ft:   3,934
Heating & Cooling:   Forced Air
Leased Items:   None
-= Unit Details =-
Unit 1
Description Unit 1:   Top
Bedrooms Unit 1:   3
Bathrooms Unit 1:   2.00
Range/Oven Unit 1:   Yes

Unit 2
Description Unit 2:   mid a
Bedrooms Unit 2:   1
Bathrooms Unit 2:   1.00
Range/Oven Unit 2:   Yes

Unit 3
Description Unit 3:   mid b
Bedrooms Unit 3:   1
Bathrooms Unit 3:   1.00
Range/Oven Unit 3:   Yes

Unit 4
Description Unit 4:   bottom
Bedrooms Unit 4:   1
Bathrooms Unit 4:   1.00
Range/Oven Unit 4:   Yes
-= Site Details =-
Lot Size:   8,317 Sq Ft
Lot Size Source:   survey
Lot Details:   Alley, Dead End Street, Paved Street
View:   City, Lake, Territorial

Energy Source:   Electric
Power Company:   Chelan PUD
Sewer Company:   City of Chelan
Water Company:   City of Chelan
Water Source:   Public

Number of Garage Spaces:   3
Number of Carport Spaces:   2
Number of Uncovered Parking Spaces:   1
Total Number of Parking Spaces:   4
-= Location Information =-
Address:   110 Water St
City:   Chelan
State:   WA
Zip Code:   98816
Latitude:   47.83493300
Longitude:   -120.04822000
Driving Directions:   From Campbells resort head east on HWY 97A towards Wenatchee for 1.6 miles to North Evergreen and turn left uphill, go 1 block and turn left on West Prospect Street. Property on left.
-= Community Information =-
Community Name:   Lakeside
School District:   Other
Elementary School:   Buyer To Verify
Junior High School:   Buyer To Verify
Senior High School:   Buyer To Verify
-= Assessor Information =-
County:   Chelan
Tax Number:   272214662555
General Zoning Classification:   Multi-Family
Zoning Jurisdiction:   City
Tax Amount:   $3,639   Tax amount may change after sale.
Tax Year:   2017
-= Purchase Information =-
Listing Price:   $689,000
Potential Terms:   Cash Out, Conventional
Bank Owned:   No
3rd Party Approval Required:   None
Possession Allowed:   Closing, Sub. Tenant's Rights
Seller Disclosure Statement Provided:   Not Provided
Preliminary Title Ordered:   Yes
-= MLS Listing Details =-
Listing Number:   1338290
Listing Status:   Offer Pending
Listing Office:   Coldwell Banker Lk Chelan Prop
Listing Date:   2018-08-16
Cumulative Days on Market*:   92
Pending Date:   2018-10-29
MLS Area:   961
Lot Size Source:   survey
Marketing Remarks:   Great four-plex income property located in Lake Chelan! All 4 units have recently been updated. Beautiful 3 bedroom 2 bath top floor suite with sweeping views of the city and lake for you to possibly live in, over the top of two single bedroom units with views and finally 1 ground floor unit. The lot is large enough for another building per survey. Potential for condo conversion too.
-= Disclaimer =-
The information contained in this listing has not been verified by Katz Realty, Inc. and should be verified by the buyer.
* Cumulative days on market are days since current listing date.
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