101 W 4th Ave,  Metaline Falls  (99153)

$3,200,000

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PROPERTY DETAILS

Address: view address
Metaline Falls, WA 99153
Map Location
Features: Basement
Lot Size:13939.0Year Built:1953
Styles:OtherViews:City
Property Type:RentalCounty:Pend Oreille
Listing Number:202416427Listed By:C-21 Kelly Davis

PROPERTY DESCRIPTION

Your rare opportunity to own a 57 unit, five story apartment building! Property has 29 one bedroom, 18 studio and 10 two bedroom units, all with single bathrooms, and full basement with community laundry, bathrooms, and rec area. All floors accessible by elevator, and each unit has the opportunity to be individually metered. Each room is serviced by electric heat, and newer vinyl thermo pane windows have been installed throughout the building. The units are very spacious, clean and well maintained. The building is a concrete and brick structure that was originally started in 1929 as two levels, and the additional top 3 levels were added in the early 1950's. Property currently has over a 7.3% cap rate, with a projected 8%+ cap rate in 2024! The building is serviced by the local PUD utility.

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Interior

Room Information

Basement:YesBasement features:Finished

Cooling & Heating

Heating features:ElectricHeating:Yes

Exterior

Exterior and Lot

Lot features:Irregular Lot, Corner Lot, LevelConstruction Materials:Brick
Roof:FlatStyle:Other

Parking

Parking features:Off Site

Property and Lot Details

View

Views:CityHas View:Yes

Building Information

Year Built:1953

Lot

Lot Dimensions:13939.0

Community information and market data Powered by Onboard Informatics. Copyright ©2024 Onboard Informatics. Information is deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person’s eligibility to attend a school or to use or benefit from other city, town or local services.

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Community information and market data Powered by Onboard Informatics. Copyright ©2024 Onboard Informatics. Information is deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person’s eligibility to attend a school or to use or benefit from other city, town or local services.

Loading Data...

Community information and market data Powered by Onboard Informatics. Copyright ©2024 Onboard Informatics. Information is deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person’s eligibility to attend a school or to use or benefit from other city, town or local services.

PHOTO GALLERY

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Listed By: C-21 Kelly Davis