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 $148K 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
Newer Construction 12-plex close to college. Built in 2021. 6 buildings total with 2 units each building. Each unit is identical in layout, (upper level is inverted from lower level). Open floorplan. All units have heat pumps with AC and w/d hook-ups in each unit. All units are 1 bed, 1 bath. Polished concrete flooring in all lower-level units. Laminate vinyl plank in 4 upper units and carpet in 2 upper units. Easy care landscaping and since the buildings are only a few years old, there is very little maintenance.
Professionally maintained and managed 4-plex centrally located in the City of Port Angeles! Perched on a corner lot, with street parking and carport parking off the alley, lawn space, you'll mostly be charmed by the stately curb appeal and peek-a-boo views of the Straits and mountains. Common front and back entries, coin-operated shared laundry and mail slots, two units on the main level, and two units on the upper level. All units feature open concept living/dining, compact kitchens, 1 bedroom, 1 bathroom, carpet and laminate flooring, and wall heat. Lots of improvements over the years too! Currently the landlord pays water/garbage/sewer and tenant pays electric and any internet/cable. Consistent cash flow and room for growth!
4 units, each have separate water meters, parcel numbers. 3 & 4 bed, 2.25 bath units. Taylor Built Homes with 2-10 warranty. Don't compare interior finishes to comps next door. Quartz counters, raised panel doors. Estimated completion date Oct 20th. Bring your investors. Possible seller carry-back financing to facilitate Reverse 1031 exchange.
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.
Port Angeles is located in Washington. Port Angeles, Washington has a population of 19,888. Port Angeles is more family-centric than the surrounding county with 23.91% of the households containing married families with children. The county average for households married with children is 18.88%.
The median household income in Port Angeles, Washington is $53,690. The median household income for the surrounding county is $60,044 compared to the national median of $69,021. The median age of people living in Port Angeles is 41.2 years.
The average high temperature in July is 69.1 degrees, with an average low temperature in January of 34.6 degrees. The average rainfall is approximately 35.5 inches per year, with 3.3 inches of snow per year.