101 W 4th Ave Metaline Falls, WA 99153
Listing Courtesy of: Spokane MLS / Century 21 Kelly Davis / Colton Vining

  101 W 4th Ave Metaline Falls, WA 99153

Active (7 Days)

Description

Your rare opportunity to own a 57 unit, five story apartment building! Property has 29 one bedroom, 18 studio and 10 two bedroom units, all with single bathrooms, and full basement with community laundry, bathrooms, and rec area. All floors accessible by elevator, and each unit has the opportunity to be individually metered. Each room is serviced by electric heat, and newer vinyl thermo pane windows have been installed throughout the building. The units are very spacious, clean and well maintained. The building is a concrete and brick structure that was originally built in 1929 as two levels, and the additional top 3 levels were added in the early 1950's. Property currently has over a 7.3% cap rate, with a projected 8%+ cap rate in 2024! The building is serviced by the local PUD utilities

MLS #:
202416427
Lot Size
0.32 acres
Type
Multifamily
Year Built
1953
Style
See Remarks
Views
City
School District
Selkirk
County
Pend Oreille County

Listed By

Colton Vining, Century 21 Kelly Davis
Source
Spokane MLS
Last checked May 20 2024 at 5:50 PM GMT+0000
Bathroom Details
Lot Information
  • Irregular Lot
  • Corner Lot
  • Level
Heating and Cooling
  • Electric
Basement Information
  • See Remarks
  • Rec/Family Area
  • Finished
Exterior Features
  • Roof: Flat
Parking
  • Off Site
Location
   
Calculate drive times to this property
 
Powered by INRIX® Drive Time

Powered by Walk Score®

Estimated Monthly Mortgage Payment

*Based on Fixed Interest Rate withe a 30 year term, principal and interest only

Listing price
Down payment
%
Interest rate
%
Mortgage calculator estimates are provided by CENTURY 21 Real Estate LLC and are intended for information use only. Your payments may be higher or lower and all loans are subject to credit approval.
Disclaimer: © 2022 Spokane Association of Realtors, All Rights Reserved. Information Deemed Reliable But Not Guaranteed. Use of these search facilities other than by a consumer seeking to purchase or lease real estate is prohibited.