306 W First Street, Port Angeles, WA 98362

Active

306 W First Street, Port Angeles, WA 98362


Courtesy of: Joanne Soderlind | Ideal Real Estate
$1,299,950 Port Angeles, WA 98362
  • 0.16 Acres
  • Clallam County

Key Features

  • MLS ID: 2303930
  • Year Build: 1921
  • Status: Active
  • Property Type: Residential Income
  • Area: 921 - Central East Port Angeles
  • Exterior: ["Stucco"]
  • Address: 306 W First Street , Port Angeles, WA 98362
  • City: Port Angeles
  • State: WA
  • Zip: 98362
  • County: Clallam
  • Virtual Tour Link: View Tour #1

Description

Own a piece of Port Angeles history! Bayview Apartments has been a landmark in downtown Port Angeles since 1921. With 12 units there is constant cashflow and these units are in high demand and rent instantly. The yearly income is over $148K and the current owners have spent the last seven years going through the units and doing repairs and upgrades. At this point, the building is in great shape and future expenses should be minimal. The unfinished bottom story provides an opportunity to expand the building by 50% without a lot of expense meaning that cashflow can easily increase with some additional investment. Lot to the West is also available for sale separately

Property Map

From 101 Go west on front to left on first. Property on south side.

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