Listing ID370637
Price$2,462,673
StatusActive
Acres
2.860
CountyCLALLAM
SubdivisionSequim Terrace
Year Built1991
Property TypeMulti-Family
Property Sub Type10+ Units
Two 4-plexes & two duplexes (12 units total) plus space on 2.86 acre to develop at least one more 4-plex within the city limits of Sequim. 864 SF shop/garage included. Six of the units are 2 BR & the other six are 1 BR but each of the 1 BR units has a partition which allows for 2nd BR in each & plumbing off each partition area if a 2nd bath is desired. Total income of $189,000 annually. Annual expenses of $40,604 for taxes, insurance, H2O, sewer, garbage. One meter for H20/Sewer. Tenants pay electricity.
County
CLALLAM
Property Sub Type
10+ Units
Property Type
Multi-Family
Subdivision
Sequim Terrace
Year Built
1991
Appliances
Dryer, Refrigerator, Range/Oven, Washer
Building SqFt
12661
Heat
Baseboard, Ductless Heat Pump
Total SqFt
13525
Lot Dimensions
irreg
Power
PUD
Sewage
City
Structure Type
1 Story
Water
City
Area
778-SW Sequim
School District
323-SqHS
View
City
View Description
City
Cumulative DOM
8
Days On Market
8
First Photo Add Timestamp
2023-05-23T22:12:13+00:00
Legal
ALL OF AREA 1, SEQUIM TERRACE, AS RECORDED IN V10 OF PLATS, PG 106
Number of Units
12
Possession
Subject Tenancy
Status Category
Active
SystemID
370637
Unfinished SqFt
864
Zoning Description
Multi-Family
Annual Expense
40604
Annual Net
148396
Annual Rental Income
189000
Foreclosure
no
Owner Financing
no
Owner Pays
Sewer, Trash, Water
REO
no
Sale/Rent
For Sale
Short Sale
no
Tax Exemption
None
Tax Parcel Number
033030531035
Tax Year
2023
Taxes Amount
18876
Tenant Pays
Electricity
Terms
Cash, Conventional
Listing courtesy of RE/MAX Prime
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Contact - Listing ID 370637
Michael McAleer
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