117 Lake Street
117 Lake Street
Conconully, WA 98819
$375,000
Price
8
Beds
3
Baths
—Sq. Ft.
— / Sq. Ft.
—
Sq. Ft.
—
per Sq. Ft.
Listing provided courtesy of Kelly Right RE of Seattle LLC
Description
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...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.
- Listed by Timothy Gilreath • Kelly Right RE of Seattle LLC
Property Details for 117 Lake Street
Community Name
Conconully
School DistrictOmak
ViewMountain(s), Territorial
Number of Assigned Spaces4
Total Covered Parking0
Entry Date03-21-2024
Energy SourceElectric
SewerSewer Connected
Location
Listing Courtesy of Kelly Right RE of Seattle LLC![]()
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LISTING UPDATED: 04/08/2024 09:12 AM
Property Details for 117 Lake Street
| Status | Active |
|---|---|
| MLS # | 2214079 |
| Days on Market | 40 |
| Cumulative Days on Market | 40 |
| Taxes | $1,800 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Residential Income |
| Year Built | 1981 |
| Lot Size | 0.18 AC / 7,841 SF |
| County | Okanogan County |
Location
Listing Courtesy of Kelly Right RE of Seattle LLC![]()
Add your commute
Building Information for 117 Lake Street
Stories2Residences3Year Built1981Building Size-Lot Size0.18 AC / 7,841 SF
Payment Calculator
$2,197 per month
30 year fixed, 7.25% Interest
Principal and Interest
$2,047
Property Taxes
$150
HOA Dues
$0
The Payment Calculator is for illustrative purposes only.
Property Information for 117 Lake Street
Summary
Location and General Information
- Style: 53 - Tri-plex
- Site Features: Cable TV, Deck, Fenced-Partially, Patio, Rooftop Deck
- Area: 620 - Okanogan Valley
- Directions: N through Conconully on Main St. Turn Right on Lakeside. Property on Right after crossing bridge
- Leased Items: None
- Property Sub Type: MULT
- View: Yes
- Waterfront: Yes
Taxes and HOA Information
- Tax Year: 2024
Parking
- Number of Carport Spaces: 2.0
- Carport: No
- Open Parking Spaces: 2.0
- Open Parking: Yes
Interior and Exterior Features
Interior Features
- Floor Covering: Laminate, Vinyl, Carpet
- Features: Laminate Tile, Wall to Wall Carpet
- Cooling: Yes
- Cooling: Central A/C
- Fireplace: No
- Heating: Yes
- Heating: Forced Air, Heat Pump
Exterior Features
- Exterior: Metal/Vinyl
- Roof: Metal
- Waterfront Description: Creek
Property
Utilities
- Water Source: Individual Well
- Water/Sewer/Garbage: 2880
- Power Production Type: Electric
Property and Assessments
- New Construction YN: No
- Foundation: Poured Concrete
- Zoning Class: Multi-Family
- Possible Use: Multi-Family
- Preliminary Title Ordered: Yes
- Senior Community: No
- Special Listing Conditions: None
- Photos Count: 33
Lot Information
- Lot Details: Paved
- Lot Size Source: County Assessor
- Parcel Number Free Text: 0510351600
- Calculated Square Footage: 0
- Structure Type: Triplex
- Square Footage Finished: 0
- Square Footage Unfinished: 0
- Building Area Total: 0.0
- Building Area Units: Square Feet
- Property Type: Residential Income
- Elevation Units: Feet
- Irrigation Water Rights: No
Multi Family
Building Details
- Number of Uncovered Spaces: 2
- Number of Stories in Building: 2
- Vacancy Rate: 0
- Number Of Units Total: 3
- Units Below Grade: false
- Units In Building Total: 3
Financing / Income and Expenses
- Electric Expense: $0
- Total Expenses: 6180
- Gross Adjusted Income: 45000
- Gross Rent Multiplier: 8
- Gross Scheduled Income: $46,800
- Insurance Expense: $1,500
- Net Operating Income: $40,620
- Other Expenses: $0
- Total Monthly Income: 3900
- Fuel Expense: $0
Unit 1
- Name Unit 1: 3
- Washer/Dryer Unit 1: true
- Range/Oven Unit 1: true
- Refrigerator Unit 1: true
- Dishwasher Unit 1: false
- Square Feet Unit 1: 1300
- Rent Unit 1: $1,100.00
- Bedrooms Unit 1: 2
- Fireplaces Unit 1: 0
- Bathrooms Unit 1: 1
Unit 2
- Name Unit 2: 2
- Washer/Dryer Unit 2: false
- Range/Oven Unit 2: true
- Refrigerator Unit 2: true
- Dishwasher Unit 2: false
- Square Feet Unit 2: 1600
- Rent Unit 2: $1,400.00
- Bedrooms Unit 2: 3
- Fireplaces Unit 2: 0
- Bathrooms Unit 2: 1
Unit 3
- Name Unit 3: 1
- Washer/Dryer Unit 3: true
- Range/Oven Unit 3: true
- Refrigerator Unit 3: true
- Dishwasher Unit 3: false
- Square Feet Unit 3: 1600
- Rent Unit 3: $1,400.00
- Bedrooms Unit 3: 3
- Fireplaces Unit 3: 0
- Bathrooms Unit 3: 1
Rental
Rent Information
- Occupant Type: Tenant
- Leasable Area: 4500.0
- Leasable Area Units: Square Feet
Property History for 117 Lake Street
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
|---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 117 Lake Street
Taxable ValueLand$60,500Additions$139,400Total$199,900
Home Facts
Beds0Total Finished SqFt1,140 SqFtAbove Ground SqFt1,140 SqFtStories1Lot Size7,841 SqFtStyleSingle Family ResidenceYear Built1963CountyOKANOGANAPN0510351600
Schools near 117 Lake Street
This home is within Omak School District.
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | PK to 2 | |||
| Public - | 3 to 5 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 |
Rating | School | Distance |
|---|---|---|
N Omak Elementary School PublicPK to 2 | ||
E Omak Elementary School Public3 to 5 | ||
Omak Middle School Public6 to 8 | ||
Highlands 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.
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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. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.
Listing Courtesy of Kelly Right RE of Seattle LLC
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.