Windermere Real Estate Methow Valley with Mary Lockman Methow Real Estate Services

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Listing ID1931888
Sold For$1,240,000
StatusClosed
Sold Date8/23/2022
SqFt 5,680
Acres 0.350
CountyKitsap
SubdivisionKeyport
Year Built1986
Property TypeResidential Income
Property Sub TypeMulti-Family
Rare opportunity to own a quality multi-family building in one of the fastest growing markets in the Puget Sound. The property provides an incoming investor the potential to complete a value-add project while simultaneously achieving cash-flow, an exceedingly unique find in the PNW region. Situated within the largest cluster of Navy Bases in the NW, the area's largest employer and reliable source of tenants. Comprised of (six) 2bd/1bth units and features: in-unit W/D, private balconies, access to abundant nature, ample parking, and a peaceful setting. Solid operating history, no delinquencies, potential to achieve a 6.9 cap once stabilized at market expectations.
Based on information submitted to the MLS GRID as of Thursday, March 28th, 2024 04:47:49 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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Closed Listing courtesy of Urban Commercial Partners, LLC
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Closed Listing courtesy of Urban Commercial Partners, LLC

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Mary V. Lockman Managing Broker CRS, ABR, Green, RSPS, e-PRO, SFR

Twisp, WA 98856
Fax: 509-463-3714
marylockman@methowearth.com You can start reaping the benefits today by contacting REALTOR Mary V. Lockman Windermere Real Estate Methow Valley
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