Bought with Windermere Sequim East
$1,225,000
$1,200,000
2.1%For more information regarding the value of a property, please contact us for a free consultation.
306 W First ST Port Angeles, WA 98362
15 Beds
12 Baths
11,856 SqFt
Key Details
Sold Price $1,225,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Square Footage 11,856 sqft
Price per Sqft $103
Subdivision Port Angeles
MLS Listing ID 2303930
Sold Date 09/10/25
Style 56 - 10+ Units
Bedrooms 15
Year Built 1921
Annual Tax Amount $2,853
Lot Size 7,000 Sqft
Property Sub-Type Multi Family
Property Description
Own a piece of Port Angeles history! Bayview Apartments has been a landmark in downtown Port Angeles since 1921. With 12 units there is constant cashflow and these units are in high demand and rent instantly. The yearly income is over $158K and the current owners have spent the last seven years going through the units and doing repairs and upgrades. At this point, the building is in great shape and future expenses should be minimal. The unfinished bottom story provides an opportunity to expand the building by 50% without a lot of expense meaning that cashflow can easily increase with some additional investment. Lot to the West is also available for sale separately
Location
State WA
County Clallam
Area 921 - Central East Port Angeles
Interior
Flooring Laminate, Carpet
Fireplace false
Exterior
Exterior Feature Stucco
View Y/N Yes
View Mountain(s), Strait
Roof Type Flat
Building
Lot Description Alley, Paved, Sidewalk
Sewer Sewer Connected
Water Public
New Construction No
Schools
Elementary Schools Buyer To Verify
Middle Schools Buyer To Verify
High Schools Buyer To Verify
School District Port Angeles
Others
Senior Community No
Acceptable Financing Cash Out, Conventional
Listing Terms Cash Out, Conventional
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