641 OLD ARDEN HWY, COLVILLE, WA 99114 (MLS# 41200)

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641 OLD ARDEN HWY, COLVILLE, WA 99114

$340,000

Property Type: MultiFamily Square Footage: 2,448 Lot Size (sq. ft.): 56,628 Status: Closed

Current Price: $340,000 List Date: 5/31/2022 Last Modified: 8/27/2024

Overview

Description

HISTORIC TWO STORY HOME & 6 CABINS located along the Little Pend Oreille River in Arden, 8 miles from Colville,, 1.3 acres for large lot, Home is a 4 Bedroom 2 Bath & 6 Rental Cabins, Storage Buildings, Comm Laundry Building, Corner Location, Room for off Street Parking, Green House, New WELL for Comm Water System & New Commercial Septic System and more! CAP RATE: 11.5%,, Assumable Owner Contract with large down, all rentals are month to month.

Listing Details MLS# 41200

Location, Tax & Legal

County: Stevens
Area: S8 - Middle County Northwest
St #: 641
Street Name: OLD ARDEN
St Sfx: HWY
State/Province: WA
Zip Code: 99114

Contract Information

Price: 350000
Sign: Yes
Assumable: Yes
Possession Comments: closing

Property Information

Type: Other
Realtor.COM Type: Multi Family
Approx Total SqFt.: 2448
Style: Multiple Buildings
Stories: 2
Auto Storage: No
Lot Dimensions: irrg
# of Acres: 1.3
# Units: 7
Construction: Frame
Year Built: 1905

Status Change Info

Closing Date: 2023-03-30
Under Contract Date: 2023-01-10
How Sold: Owner Finance

Income

Annual Gross Rent: 48000

Expense 1

Insurance: 1333
Utilities: 1000
WSG: 2232
Repairs/Maint: 1000

More Information

Utility Providers

Electric: avista
Gas: avista
Water: comm system class B

Site Improvements

Remarks: Nice Big Trees

Grounds

Remarks: LPO River Frontage

Showing Instructions

Caution: NOlockbox make appt
Remarks: 72 HR notice tenants

Documents On File

Zoning Information: Listing Packet

Terms

Remarks: see agent remarks

Property Features

Basement: None Foundation: Concrete Perimeter Siding: Wood Roof: Metal; Shingle Common Amenities: Common Area; Pets Allowed; RV Parking; Storage Heating: Baseboard; Forced Air; Wood Water Heater: Electric Electric Service: Breakers Utilities: Community Water; Septic System; Well Grounds: Corner; Garden Space; Level Parking: Off Street Auto Storage Type: Off Street Lock Box: None Showing Instructions: Call Listing Office Documents On File: Aerial Schools: Colville Terms: Assumption; Cash; Owner Finance

Documents

income analysis/cap rate ›

Listing Office: CENTURY 21, Kelly Davis

Last Updated: August - 27 - 2024

Information deemed reliable but not guaranteed.

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