48.3599586486816 -119.584373474121

110 Conconully Street Okanogan, WA 98840

304725084 48.3599586486816 -119.584373474121 314 /listing/304725084-150234388/110-conconully-street-okanogan-wa-98840 False 0 399000.0000 105 1851203 False
  • $399,000
  • 0.12 lot
  • Est payment $2141.92/mo

Property & Neighborhood Info

Courtesy Of RE/MAX Lake and Country

Multi Family in Okanogan

Investors, landlords, and entrepreneurs, an fantastic opportunity awaits you. This 6 unit building is Section 8 approved on most of the units, and has 0% vacancy rates. The section 8 apartments are already approved for rate increases for 2022, which means this property will have a potential gross cap rate over 10% and a net cap of 7.15% next year!!! Very stable investment w/ rent assurances in uncertain times. There are two 2 bed/1 bath units, 3 1bed/1bath units, & one studio unit. Plenty of off street parking. The location is paramount!!! The city park & pool are nearly right across the street, & main street of Okanogan right around the corner. Opportunity to make extra income by reestablishing the laundry facility in the building.

  1. 0.12 Lot

Main Features

  • Listing Status: Off Market
  • Year Built: 1934
  • Floors: 2
  • School District: Buyer To Verify
  • School District2: Buyer To Verify
  • School District3: Buyer To Verify
  • School District: Okanogan
  • County: Okanogan
  • Taxes: $2,508.00
  • Tax Year: 2022
  • Units: 6
  • Zoning: County
  • Subdivision: Okanogan
  • Building Name: KAHLOWS ADD OKAN
  • MLS Number:1851203

Additional Features

  • CarportYN:
    • false
  • Electric Service:
    • Okanogan County PUD
  • ElectricOnPropertyYN:
    • false
  • Exterior Features:
    • Wood
  • Fireplaceyn:
    • No
  • Flooring:
    • Ceramic Tile
  • FoundationDetails:
    • Block
  • Furnished:
    • Unfurnished
  • Heating:
    • Baseboard
  • HeatingYN:
    • true
  • Interior Features:
    • Ceramic Tile
  • IrrigationWaterRightsYN:
    • false
  • Listing Terms:
    • Cash Out
    • Conventional
  • LotFeatures:
    • Alley
    • Corner Lot
    • Paved
  • Possession:
    • Closing
    • Tenant's Rights
  • PossibleUse:
    • Multi-Family
  • Roof:
    • Metal
  • Utilities:
    • Electricity Available
    • Sewer Connected
  • View:
    • Mountain(s)
    • River
  • Water Source:
    • Public
  • Leasable Area:
    • 4160 Square Feet
  • Listing Key:
    • NWM123166570
  • Parcel Number:
    • 1190081500
  • Parking:
    • Total Open 8
  • Parking:
    • Total Parking 8
  • Parking:
    • Uncovered 8
  • Total Expenses:
    • 19570
Neighborhood info courtesy of Homes.com © 2022

What's My Mortgage?

$38,769.95*
*Estimated monthly payment is a starting point to help assist you with your home search. To find out more about mortgage pre-qualification, click here.
48.3599586486816 -119.584373474121

110 Conconully Street Okanogan, WA 98840

304725084 48.3599586486816 -119.584373474121 314 /listing/304725084-150234388/110-conconully-street-okanogan-wa-98840 False 0 399000.0000 105 1851203 False
  • $399,000
  • 0.12 lot
  • Est payment $2141.92/mo