WA > Chelan > Chelan
Chelan, WA 98816,404 S 3rd ST
Chelan, WA 98816,404 S 3rd ST
Chelan, WA 98816,404 S 3rd ST
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$850,000
Est. payment /mo
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6 Beds
3 Baths
4,064 SqFt
Active

404 S 3rd ST Chelan, WA 98816

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Whitney Johnson

Whitney Johnson

+1(509) 240-6438

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 4,064 sqft

Price per Sqft $209

Subdivision Chelan

MLS Listing ID 2428172

Style 53 - Tri-plex

Bedrooms 6

Year Built 1960

Annual Tax Amount $3,099

Lot Size 8,712 Sqft

Property Sub-Type Multi Family

Property Description

Rare downtown Chelan triplex offering solid investment potential! Neat and tidy with a low-maintenance brick exterior, this 4,064 sq ft property features three larger-than-average rental units (864, 1,600 & 1,600 sq ft), each with its own washer/dryer and updated baths. A small lake view enhances the upstairs unit. A two garage bay, 864 sf basement storage area could create added revenue. Bonus side lot offers future condo development possibilities. Prime location just blocks from the lake, dining, and shopping. With a projected 5.4% cap rate with market rents (buyer to verify), this is a strong income property in one of Chelan's most desirable areas.

Location

State WA

County Chelan

Area 961 - Lake Chelan

Interior

Flooring Ceramic Tile, Hardwood, Vinyl, Vinyl Plank, Carpet

Fireplace false

Exterior

Exterior Feature Brick, Wood

Amenities Available Deck, Sprinkler System

View Y/N Yes

View Lake, Territorial

Roof Type Composition

Building

Lot Description Curbs, Paved, Sidewalk, Value In Land

Sewer Sewer Connected

Water Public

New Construction No

Schools

School District Lake Chelan

Others

Senior Community No

Acceptable Financing Cash Out, Conventional

Listing Terms Cash Out, Conventional

Northwest MLS (NWMLS)
"Three Trees" icon indicates a listing provided courtesy of NWMLS.

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Whitney Johnson

Whitney Johnson

Owner/Broker | License ID: 90947

+1(509) 240-6438

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