110 Water Street

Chelan, WA 98816

$900,000
Last Sold Price
—
Beds
3,934 Sq. Ft.
$229 / Sq. Ft.
3,934
Sq. Ft.
$229
per Sq. Ft.

Description

Rare four-flex property with a view of the lake. Multiple use potential, live in the upstairs 3 bedroom 2 bath with open concept living area and deck, rent the below units out. Units have been updated as well as systems in the building. Room to expand or add units. Top floor unit with full lake view followed by two, one bedroom units and one updated lower level unit, great for no stair access. Opportunity for rental storage in the lower garage level. Detached carport for parking.Rare four-flex property with a view of the lake. Multiple use potential, live in the upstairs 3 bedroom 2 bath with open concept living area and deck, rent the below units out. Units have been updated as well as systems in the building. Room to expand or add units. Top floor unit with full lake view followed by two, one bedroom units and one updated lower level unit, great for no stair access. Opportunity for rental storage in the lower garage level. Detached carport for parking.
  1. Listed by Jacob Bowles • Windermere Real Estate/East

Property Details for 110 Water Street

Community Name
Lakeside
School District
Lake Chelan
View
City, Lake, Territorial
Number of Assigned Spaces
4
Total Covered Parking
0
Entry Date
05-04-2021
Energy Source
Electric
Sewer
Sewer Connected

Location

Listing Courtesy of Windermere Real Estate/East

Sold By R1 Washington

Add your commute
LISTING UPDATED: 07/01/2021 11:05 AM

Property Details for 110 Water Street

StatusSold
MLS #1767491
Days on Market25
Cumulative Days on Market1019
Taxes$4,161 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1951
Lot Size0.22 AC / 9,583 SF
CountyChelan County

Location

Listing Courtesy of Windermere Real Estate/East

Sold By R1 Washington

Add your commute

Building Information for 110 Water Street

Stories2Residences-Year Built1951Building Size-Lot Size0.22 AC / 9,583 SF

Payment Calculator

$5,258 per month

30 year fixed, 7.25% Interest

Principal and Interest

$4,912

Property Taxes

$347

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 110 Water Street

Summary
Location and General Information
  • Style: 54 - 4-Plex
  • Site Features: Deck, High Speed Internet
  • Area: 961 - Lake Chelan
  • Directions: From Campbells Resort head east on HWY 97A towards Wenatchee for 1.6 miles to north evergreen and turn left uphill, go 1 block and turn left on West Prospect Street. Property on left.
  • Leased Items: None
  • Property Sub Type: MULT
  • View: Yes
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2021
Parking
  • Number of Carport Spaces: 3.0
  • Carport: No
  • Open Parking Spaces: 1.0
  • Open Parking: Yes
Interior and Exterior Features
Interior Features
  • Furnished: Unfurnished
  • Floor Covering: Ceramic Tile, Hardwood, Laminate, Carpet
  • Features: Heat Pump, Tankless Water Heater, Ceramic Tile, Hardwood, Laminate Hardwood
  • Amenities: Storage
  • Cooling: Yes
  • Fireplace: No
  • Heating: Yes
  • FIRPTA: No
Exterior Features
  • Exterior: Cement Planked, Wood Products
  • Roof: Composition
Property
Utilities
  • Electric On Property: No
  • Heating and Cooling: Forced Air,Heat Pump,Tankless Water Heater
  • Water Source: Public
  • Water/Sewer/Garbage: 6000
  • Power Company: Chelan PUD
  • Sewer Company: City of Chelan
  • Water Company: City of Chelan
  • Power Production Type: Electric
  • Utilities: High Speed Internet, Sewer Connected, Electricity Available
Property and Assessments
  • New Construction YN: No
  • Zoning Jurisdiction: City
  • Foundation: Poured Concrete, Slab
  • Preliminary Title Ordered: Yes
  • Senior Community: No
  • Special Listing Conditions: None
  • Photos Count: 35
Lot Information
  • Lot Details: Alley, Dead End Street, Paved
  • Lot Size Source: Realist
  • Parcel Number Free Text: 272214662555
  • Calculated Square Footage: 3934
  • Structure Type: Quadruplex
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 3934.0
  • Building Area Units: Square Feet
  • Property Type: Residential Income
  • Elevation Units: Feet
  • Irrigation Water Rights: No
Multi Family
Building Details
  • Number of Uncovered Spaces: 1
  • Number of Stories in Building: 2
  • Vacancy Rate: 3
  • Number Of Units Total: 0
  • Units Below Grade: false
  • Units In Building Total: 4
Financing / Income and Expenses
  • Electric Expense: $1,200
  • Total Expenses: 15561
  • Gross Adjusted Income: 68094
  • Gross Rent Multiplier: 14
  • Gross Scheduled Income: $70,200
  • Insurance Expense: $900
  • Net Operating Income: $52,533
  • Other Expenses: $4,200
  • Total Monthly Income: 0
  • Fuel Expense: $0
Rental
Rent Information
  • Occupant Type: Tenant
  • Leasable Area: 3934.0
  • Leasable Area Units: Square Feet

Property History for 110 Water Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 110 Water Street

Taxable ValueLand$166,725Additions$588,766Total$755,491
Tax Record2023$5,452 ($454 / month)
Home Facts
Beds4Total Finished SqFt3,934 SqFtAbove Ground SqFt3,053 SqFtFinished Basement SqFt881 SqFtStories2Lot Size9,583 SqFtStyleSingle Family ResidenceYear Built1951CountyCHELANAPN272214662555

Schools near 110 Water Street

This home is within Lake Chelan School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - K to 12
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Morgen Owings Elementary School
PublicK to 5

Holden Village Community School
PublicK to 12

Chelan Middle School
Public6 to 8

Chelan High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Windermere Real Estate/East

Listing provided courtesy of NWMLS, RMLS or Yakima MLS. The information contained in this listing has not been verified by Compass or the MLS and should be verified by the buyer. The DOM value represents the number of days this listing has been Active on this website.