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Listing Details for 1014 Main Street, Oroville, WA 98844

MLS #: 2340031

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Property Photo MLS #: 2340031
1014 Main Street, Oroville, WA 98844
Listing Number:   2340031
Listing Price:   $929,000
Building Sq Ft:   5,198

Katz Realty, Inc.
509-725-1701
Courtesy:   ProStaff Real Estate
-= Property Details =-

Building
Year Built:   1906
Effective Year Built:   1906
Effective Year Built Source:   Public Records
Approx. Building Sq Ft:   5,198
Roof:   Flat
Exterior:   Brick, Cement/Concrete
Floor Covering:   Hardwood, Laminate, Vinyl, Carpet

Land
Lot Size:   22,400 Sq Ft
Lot Size Source:   Assessor

Utilities
Energy Source:   Electric
Power Company:   Okanogan County PUD
Water Source:   Community, Individual Well
Water Company:   City Of Oroville
Sewer:   Sewer Connected
Sewer Company:   City of Oroville
-= Financial Information =-
Income
Gross Scheduled Income:   $139,200

Expenses
Net Operating Costs:   $97,696
Electrical Expense:   $10,000
Water/Sewer/Garbage:   $6,469
Insurance Expenses:   $10,532
Other Expenses:   $10,026
Total Expenses:   $41,504
Total Expenses:   $41,504

Computation / Other
Cap Rate (NOI / Listing Price):   9.00
Gross Rent Multiplier:   7.00
-= Location Information =-
Address:   1014 Main Street, Oroville, WA 98844
City:   Oroville
State:   
Zip Code:   98844
Latitude:   48.93462500
Longitude:   -119.43729400
Driving Directions:   Located right on main street. Heading south on Y it is directly on the right.
-= Community Information =-
Community Name:   Oroville
-= Assessor Information =-
County:   Okanogan
Tax Number:   2040560900
Lot Number:   9, 10, 11, 12
Block Number:   56
General Zoning Classification:   Multi-Family, Residential
Zoning Jurisdiction:   City
Tax Amount:   $4,477   Tax amount may change after sale.
Tax Year:   2025
-= Purchase Information =-
Listing Price:   $929,000
Potential Terms:   Cash Out, Conventional
3rd Party Approval Required:   None
Possession Allowed:   Closing
Preliminary Title Ordered:   No
-= MLS Listing Details =-
Listing Number:   2340031
Listing Status:   Active
Listing Office:   ProStaff Real Estate
Listing Date:   2025-03-04
MLS Area:   Okanogan Valley
Marketing Remarks:   Own a Piece of Oroville’s Historic Charm – Prime Investment Opportunity! The Alaskan Apartments feature 12 updated rental apartments and 2 cozy cabins. The property spans three parcels, offering outdoor space for tenants to enjoy, and is located just a few blocks from grocery stores, shops, restaurants, schools, and more. Each apartment has been carefully updated, with private bathrooms adding extra appeal. The expansive outdoor areas are a rare feature for a rental property like this. With strong demand for rentals and steady income potential, this property is a solid investment. The three-parcel setup also offers future development opportunities to increase value. Parcels: 2040560900, 2040561101, 2040561200.
-= Multiple Listing Service =-
-= 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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