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Property Details for 1014 Main St Oroville WA 98844

MLS # : 1136050

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Property Photo MLS #: 1136050
1014 Main St Oroville WA 98844
Listing Number:   1136050
Listing Price:   $499,000
Number of Units:   16
Lot Size:   22,400 Sq Ft

Katz Realty, Inc.
509-725-1701
Courtesy:   Windermere R. E. Oroville
-= Complex Details =-
Number of Units:   16
Vacancy Rate:   20.00

Financial
Electrical Expenses:   $4,567
Water/Sewer/Garbage:   $4,998
Insurance Expenses:   $4,903
Total Expeses:   $17,997
Total Monthly Income:   $6,925
Net Operating Income:   $46,607
Gross Adjusted Income:   $64,607
Gross Scheduled Income:   $83,100
Cap Rate (NOI / Listing Price):   $8.50
Gross Rent Multiplier:   $7.00

Unit Rents
Rent Unit 1:   $600
Rent Unit 2:   $550
Rent Unit 3:   $450
Rent Unit 4:   $450
Rent Unit 5:   $350
Rent Unit 6:   $350
-= Building Details =-
Year Built:   1906
Style:   - 10+ Units
Number of Stories:   2
Roof:   Flat
Exterior:   Brick
Heating & Cooling:   Heat Pump
Leased Items:   None
-= Unit Details =-
Unit 1
Description Unit 1:   1-Manager
Bedrooms Unit 1:   1
Bathrooms Unit 1:   1.00
Range/Oven Unit 1:   Yes

Unit 2
Description Unit 2:   1-A
Bedrooms Unit 2:   1
Bathrooms Unit 2:   1.00
Range/Oven Unit 2:   Yes

Unit 3
Description Unit 3:   L-2
Bedrooms Unit 3:   1
Bathrooms Unit 3:   1.00
Range/Oven Unit 3:   Yes

Unit 4
Description Unit 4:   L-4
Bedrooms Unit 4:   1
Bathrooms Unit 4:   1.00
Range/Oven Unit 4:   Yes

Unit 5
Description Unit 5:   L-5
Bedrooms Unit 5:   1
Bathrooms Unit 5:   1.00
Range/Oven Unit 5:   Yes

Unit 6
Description Unit 6:   C-1
Bedrooms Unit 6:   1
Bathrooms Unit 6:   1.00
Range/Oven Unit 6:   Yes
-= Site Details =-
Lot Size:   22,400 Sq Ft
Lot Size Source:   County
Lot Details:   Curbs, Paved Street, Sidewalk

Utilities
Energy Source:   Electric
Power Company:   Okanogan PUD
Sewer Company:   City of Oroville
Water Company:   City of Oroville
Water Source:   Public
-= Location Information =-
Address:   1014 Main St
City:   Oroville
State:   WA
Zip Code:   98844
Latitude:   48.93461600
Longitude:   -119.43724600
Driving Directions:   Located at the intersection of Hwy 97 and Main St in Oroville
-= Community Information =-
Community Name:   Oroville
School District:   Oroville
-= Assessor Information =-
County:   Okanogan
Tax Number:   40560900+
Zoning Jurisdiction:   City
Tax Amount:   $3,529   Tax amount may change after sale.
Tax Year:   2017
-= Purchase Information =-
Listing Price:   $499,000
Potential Terms:   Cash Out, Conventional, Owner Financing
Bank Owned:   No
3rd Party Approval Required:   None
Possession Allowed:   Closing
Seller Disclosure Statement Provided:   Provided
Preliminary Title Ordered:   No
-= MLS Listing Details =-
Listing Number:   1136050
Listing Status:   Active
Listing Office:   Windermere R. E. Oroville
Listing Date:   2017-06-05
Cumulative Days on Market*:   226
Original Listing Price:   $549,000
MLS Area:   620
Lot Size Source:   County
Marketing Remarks:   The historic Alaska Apartments in Oroville, built in 1906 and originally called the Radbourn Hotel. This historic building is currently low income housing with 17 units located on Main St., 3 of the apartments are currently being remodeled, and there have been many recent updates, including wiring, plumbing, and heat pump. Convenient location, close to school, downtown, and shopping.
-= 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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