120 South Forks Avenue

Forks, WA 98331

$1,875,000
Price
—
Beds
20,371 Sq. Ft.
$92 / Sq. Ft.
20,371
Sq. Ft.
$92
per Sq. Ft.

Description

25 units in the heart of Forks Washington in very good condition.17 residential units(12, 1 bedroom 1 bath,7, 2 bedroom 1 1 3bedroom 2 bath) and 8 commercial units. In the heart ofThe Olympic Mountain Province . Close to fantastic hiking,sking,winter sports. Close to Pacific Ocean beaches. Minutes away from Lake Crescent a Glacial mountain lake with trout fishing, forests, hiking trails, picnicking, camping & boat launch.. Excellent condition units and solid tenants with great income right now. Great...25 units in the heart of Forks Washington in very good condition.17 residential units(12, 1 bedroom 1 bath,7, 2 bedroom 1 1 3bedroom 2 bath) and 8 commercial units. In the heart ofThe Olympic Mountain Province . Close to fantastic hiking,sking,winter sports. Close to Pacific Ocean beaches. Minutes away from Lake Crescent a Glacial mountain lake with trout fishing, forests, hiking trails, picnicking, camping & boat launch.. Excellent condition units and solid tenants with great income right now. Great upside to this building. Seller will consider owner contract with solid buyer. Fantastic opertunity to live in this builds.
  1. Listed by William John Bickel • Champions Real Estate

Property Details for 120 South Forks Avenue

Community Name
Forks
School District
Quillayute
View
Territorial
Number of Assigned Spaces
30
Total Covered Parking
0
Entry Date
11-03-2023
Energy Source
Electric
Sewer
Sewer Connected

Location

Listing Courtesy of Champions Real Estate
Add your commute
LISTING UPDATED: 03/23/2024 07:38 PM

Property Details for 120 South Forks Avenue

StatusActive
MLS #2176874
Days on Market177
Cumulative Days on Market177
Taxes$5,268 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1968
Lot Size0.65 AC / 28,473 SF
CountyClallam County

Location

Listing Courtesy of Champions Real Estate
Add your commute

Building Information for 120 South Forks Avenue

Stories2Residences-Year Built1968Building Size-Lot Size0.65 AC / 28,473 SF

Payment Calculator

$10,672 per month

30 year fixed, 7.25% Interest

Principal and Interest

$10,233

Property Taxes

$439

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 120 South Forks Avenue

Summary
Location and General Information
  • Style: 56 - 10+ Units
  • Area: 928 - Southwest Clallam
  • Block: Townsite of Forks
  • Elementary School: Forks Elem
  • Middle Or Junior School: Forks Mid
  • High School: Forks High
  • Effective Year Built Source: Public Records
  • Directions: Heading south on 101(South Forks Avenue), property on right one block after Division.Across the street from Forks Public Library
  • Leased Items: None
  • Property Sub Type: MULT
  • View: Yes
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2023
  • Additional Tax Ids: 1328095002120000,1328095002560000
Parking
  • Number of Carport Spaces: 0.0
  • Carport: No
  • Open Parking Spaces: 30.0
  • Open Parking: Yes
Interior and Exterior Features
Interior Features
  • Floor Covering: Laminate
  • Features: Laminate
  • Amenities: Coin Op Laundry
  • Cooling: Yes
  • Cooling: Wall Unit(s)
  • Fireplace: No
  • Heating: Yes
  • Heating: Baseboard
  • FIRPTA: No
Exterior Features
  • Exterior: Cement/Concrete, Wood
  • Roof: Flat
Property
Utilities
  • Water Source: Public
  • Water/Sewer/Garbage: 13824
  • Power Company: Clallum County PUD
  • Sewer Company: City of Forks
  • Water Company: City of Forks
  • Power Production Type: Electric
Property and Assessments
  • New Construction YN: No
  • Zoning Jurisdiction: City
  • Foundation: Poured Concrete
  • Zoning Class: Commercial,Multi-Family,Office,Residential
  • First Right Of Refusal: false
  • Possible Use: Commercial, Multi-Family, Office, Residential
  • Preliminary Title Ordered: Yes
  • Senior Community: No
  • Special Listing Conditions: None
  • Year Built Effective: 2015
  • Photos Count: 40
Lot Information
  • Lot Details: Paved, Sidewalk
  • Lot Number: 3-7
  • Lot Size Source: Public Records
  • Parcel Number Free Text: 1328095002120000
  • Building Condition: Very Good
  • Calculated Square Footage: 20371
  • Structure Type: Multi Family
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 20371.0
  • Building Area Units: Square Feet
  • Property Type: Residential Income
  • Elevation Units: Feet
  • Irrigation Water Rights: No
Multi Family
Building Details
  • Number of Uncovered Spaces: 30
  • Number of Stories in Building: 2
  • Vacancy Rate: 4
  • Number Of Units Total: 0
  • Units Below Grade: false
  • Units In Building Total: 28
Financing / Income and Expenses
  • Electric Expense: $6,000
  • Total Expenses: 45082
  • Gross Adjusted Income: 143808
  • Gross Rent Multiplier: 13.9
  • Gross Scheduled Income: $198,900
  • Insurance Expense: $19,990
  • Net Operating Income: $143,808
  • Other Expenses: $0
  • Total Monthly Income: 16575
  • Fuel Expense: $0
Rental
Rent Information
  • Occupant Type: Tenant
  • Leasable Area: 20371.0
  • Leasable Area Units: Square Feet

Property History for 120 South Forks Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 120 South Forks Avenue

Taxable ValueLand$150,791Additions$428,400Total$579,191
Tax Record2023$4,965 ($414 / month)
Home Facts
Total Finished SqFt20,371 SqFtAbove Ground SqFt20,371 SqFtLot Size20,473 SqFtStyleMulti-Family Res (5+ Units)CountyCLALLAMAPN1328095002120000

Schools near 120 South Forks Avenue

This home is within Quillayute Valley School District.
Rating
School
Type
Grades
Distance
Public - PK to 4
Public - 9 to 12
Public - 9 to 12
Public - 4 to 6
Rating
School
Distance
Forks Elementary School
PublicPK to 4

Forks High School
Public9 to 12

Forks Alternative School
Public9 to 12

Forks Intermediate School
Public4 to 6

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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120 South Forks Avenue is a multi-family home for sale in Forks, WA 98331. This property was listed for sale on November 3, 2023 by Champions Real Estate, it's currently listed at $1,875,000. This listing's school district is Quillayute Valley School District. Nearby schools include Forks Elementary School, Forks High School and Forks Alternative School. 120 South Forks Avenue is a 0-bed, 0-bath, 20,371 sqft multi-family home built in 1968.

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 Champions Real Estate

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.