Sitting beside the creek in downtown Conconully is this great investment opportunity. With a 3 bedroom house, a 3 bedroom apartment and a 2 bedroom apartment, there are several options for you to realize a high CAP rate. All structures have been recently updated and are ready to rent. The apartments have a shared laundry and separate entrances, off street parking, a large deck and patio and nice modern updates. The property is located close to everything in town and is surrounded by numerous lakes and mountains.
Discover a lucrative investment in the scenic town of Conconully! Creekside 4-plex w/ updated studio apartments nestled in a recreational haven known for fishing, camping, ATV exploration, & hiking. Nightly rentals allowed, but currently occupied w/ excellent long-term tenants, immediate income w/ 0% vacancy. Salmon Creek runs alongside, providing creek access for tenants to enjoy. Updates include new metal roof, hardwood floors, pex plumbing, electrical panel, sidewalk, fresh paint & cupboards/countertops, ensuring a hassle-free ownership experience. Conconully is famous for hosting The Outhouse Races in January, attracting visitors from far & wide. Your future tenants will enjoy being front & center for this quirky & fun local tradition.
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Conconully is located in Washington. Conconully, Washington has a population of 220. Conconully is less family-centric than the surrounding county with 3.08% of the households containing married families with children. The county average for households married with children is 25.91%.
The median household income in Conconully, Washington is $28,750. The median household income for the surrounding county is $42,598 compared to the national median of $57,652. The median age of people living in Conconully is 63.3 years.
The average high temperature in July is 85.9 degrees, with an average low temperature in January of 15.4 degrees. The average rainfall is approximately 22.6 inches per year, with 56.5 inches of snow per year.