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Property Details for 408 N Main St Conconully WA 98819

MLS # : 1028235

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Property Photo MLS #: 1028235
408 N Main St Conconully WA 98819
Listing Number:   1028235
Listing Price:   $210,000
Number of Units:   5
Lot Size:   5,000 Sq Ft
Total Parking Spaces:   1

Katz Realty, Inc.
509-725-1701
Courtesy:   Windermere Omak Okanogan
-= Complex Details =-
Number of Units:   5
Features:   Deck, Outbuildings

Financial
Electrical Expenses:   $720
Water/Sewer/Garbage:   $2,568
Heating Expenses:   $720
Insurance Expenses:   $2,220
Other Expenses:   $420
Total Expeses:   $8,217
Total Monthly Income:   $2,760
Net Operating Income:   $25,803
Gross Adjusted Income:   $34,020
Gross Scheduled Income:   $34,020
Cap Rate (NOI / Listing Price):   $12.00
Gross Rent Multiplier:   $76.00

Unit Rents
Rent Unit 1:   $550
Rent Unit 2:   $550
Rent Unit 3:   $550
Rent Unit 4:   $550
Rent Unit 5:   $635
-= Building Details =-
Year Built:   1983
Building Condition:   Good
Style:   - 5-9 Units
Number of Stories:   1
Amenities:   Storage
Roof:   Metal
Exterior:   Metal/Vinyl, Wood
Floor Covering:   Vinyl, Wall to Wall Carpet
Foundation:   Poured Concrete
Approx. Sq Ft:   1,404
Heating & Cooling:   Baseboard, Stove/Free Standing
Leased Items:   None
-= Unit Details =-
Unit 1
Description Unit 1:   1
Sq Ft Unit 1:   300
Bedrooms Unit 1:   1
Bathrooms Unit 1:   1.00
Range/Oven Unit 1:   Yes

Unit 2
Description Unit 2:   2
Sq Ft Unit 2:   300
Bedrooms Unit 2:   1
Bathrooms Unit 2:   1.00
Range/Oven Unit 2:   Yes

Unit 3
Description Unit 3:   3
Sq Ft Unit 3:   300
Bedrooms Unit 3:   1
Bathrooms Unit 3:   1.00
Range/Oven Unit 3:   Yes

Unit 4
Description Unit 4:   4
Sq Ft Unit 4:   300
Bedrooms Unit 4:   1
Bathrooms Unit 4:   1.00
Range/Oven Unit 4:   Yes

Unit 5
Description Unit 5:   5
Sq Ft Unit 5:   480
Bedrooms Unit 5:   1
Bathrooms Unit 5:   1.00
Range/Oven Unit 5:   Yes
Fireplaces Unit 5:   1
-= Site Details =-
Lot Size:   5,000 Sq Ft
Lot Size Source:   County
Lot Details:   Paved Street
View:   City

Utilities
Water Front:   Bank-Low, Creek
Energy Source:   Electric, Wood
Power Company:   Ok. County PUD
Sewer Company:   Public Work
Water Source:   Shared Well

Parking
Number of Garage Spaces:   1
Total Number of Parking Spaces:   1
-= Location Information =-
Address:   408 N Main St
City:   Conconully
State:   WA
Zip Code:   98819
Latitude:   48.56106800
Longitude:   -119.75045000
Driving Directions:   Out of Omak or Okanogan, travel the Conconully Hwy to town. Listing is on right hand side of Main St, past stop sign. Creekside Cabins.
-= Community Information =-
Community Name:   Conconully
Subdivision:   McDonald Addition
School District:   Omak
Elementary School:   N Omak Elem
Junior High School:   Omak Mid
Senior High School:   Omak High
-= Assessor Information =-
County:   Okanogan
Tax Number:   0570012001
Lot Number:   Lots 20-23
Block Number:   Block 1
General Zoning Classification:   Commercial, Residential
Zoning Jurisdiction:   City
Tax Amount:   $1,569   Tax amount may change after sale.
Tax Year:   2016
-= Purchase Information =-
Listing Price:   $210,000
Potential Terms:   Cash Out, Conventional
Bank Owned:   No
3rd Party Approval Required:   None
Possession Allowed:   Closing
Seller Disclosure Statement Provided:   Provided
Preliminary Title Ordered:   Yes
-= MLS Listing Details =-
Listing Number:   1028235
Listing Status:   Offer Pending
Listing Office:   Windermere Omak Okanogan
Listing Date:   2016-09-12
Cumulative Days on Market*:   493
Pending Date:   2017-11-10
Original Listing Price:   $259,500
MLS Area:   620
Lot Size Source:   County
Marketing Remarks:   Location, Location! Unique western town of Conconully Main St.--charming, cozy creek-front 1 bed, 1 bath home with detached garage/shop area consistently renting for $635/month adjacent to 4-unit efficient apartments with wonderful covered access. Four units also have consistent rental income with well-established, reliable renters. Your chance to own a perfect income property in this four-season recreational community with mountains, creeks and lakes at your very doorstep!
-= 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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