527 1St St, Port Angeles, WA 98362

12 Unit Apartment Building | $1,695,000 ($141,250/Unit) | 6.75% Cap Rate | Port Angeles, WA 98362

Asking Price $1,695,000

Property Type
Multifamily
Square Feet
10,456 SF

Listing Contacts

Reid Jones
AJ Lachini

Property Overview

Built in 1953, this 12-Unit property offers a diverse mix of spacious unit sizes, including 1-bedroom, 2-bedroom, and 3-bedroom units. Recent updates, including renovations to individual units, provide a pleasant blend of classic aesthetics and contemporary convenience. Approximately 6 units have been remodeled within the last 2 years. The property fosters a sense of community, with common areas and outdoor spaces that encourage social interaction among residents. Great central Port Angeles Location. New Electrical. 4 Separate Storage Units. Coin-Operated Laundry. Port Angeles is experiencing growth and development, making it an ideal time to invest in multifamily properties in the area.

Property Details

Class
C
Year Built
1953
Stories
2
Lot Size (sq. ft)
6,970 SF
Units
12

Highlights

  • Central Port Angeles Location
  • New Electrical
  • 6 Units Remodeled within 2 Years
  • Coin-Operated Laundry
  • 4 Separate Storage Units

FAQ

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