310 Cherry Avenue West

Omak, WA 98841

$370,000
Last Sold Price
8
Beds
4
Baths
4,234 Sq. Ft.
$87 / Sq. Ft.
4,234
Sq. Ft.
$87
per Sq. Ft.

Description

Fantastic investment opportunity to own a profitable multi-family complex in the heart of town. 4 units, each with 1,050 sqft ft of living space offering two bedrooms and one bathroom. Two units on the main level, and two on the upper level. All have spacious living with easy flow from the living room into dining and kitchen areas. Coin-op laundry on-site offers additional monthly income. Each unit comes with covered parking for one and additional room for parking on-site. Possible seller financing...Fantastic investment opportunity to own a profitable multi-family complex in the heart of town. 4 units, each with 1,050 sqft ft of living space offering two bedrooms and one bathroom. Two units on the main level, and two on the upper level. All have spacious living with easy flow from the living room into dining and kitchen areas. Coin-op laundry on-site offers additional monthly income. Each unit comes with covered parking for one and additional room for parking on-site. Possible seller financing with acceptable terms.
  1. Listed by Nick McLean • Nick McLean Real Estate Group
  2. Listed by Cole Harvey • Nick McLean Real Estate Group

Property Details for 310 Cherry Avenue West

Community Name
Omak
School District
Omak
View
Territorial
Number of Assigned Spaces
9
Total Covered Parking
0
Entry Date
01-13-2021
Energy Source
Electric
Sewer
Sewer Connected

Location

Listing Courtesy of Nick McLean Real Estate Group

Sold By Windermere Real Estate/NCW

Add your commute
LISTING UPDATED: 07/24/2021 12:06 PM

Property Details for 310 Cherry Avenue West

StatusSold
MLS #1716782
Days on Market159
Cumulative Days on Market1131
Taxes$2,815 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1976
Lot Size0.33 AC / 14,300 SF
CountyOkanogan County

Location

Listing Courtesy of Nick McLean Real Estate Group

Sold By Windermere Real Estate/NCW

Add your commute

Building Information for 310 Cherry Avenue West

Stories2Residences4Year Built1976Building Size-Lot Size0.33 AC / 14,300 SF

Payment Calculator

$2,254 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,019

Property Taxes

$235

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 310 Cherry Avenue West

Summary
Location and General Information
  • Style: 54 - 4-Plex
  • Site Features: Deck, High Speed Internet, Patio
  • Area: 620 - Okanogan Valley
  • Elementary School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify
  • Directions: From Main St in Omak go west on Cherry. Property on right. Look for sign.
  • Leased Items: None
  • Property Sub Type: MULT
  • View: Yes
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2020
Parking
  • Number of Carport Spaces: 4.0
  • Carport: No
  • Open Parking Spaces: 5.0
  • Open Parking: Yes
Interior and Exterior Features
Interior Features
  • Furnished: Unfurnished
  • Floor Covering: Vinyl, Carpet
  • Amenities: Coin Op Laundry
  • Fireplace: No
  • Heating: Yes
Exterior Features
  • Exterior: Wood Products
  • Roof: Composition
Property
Utilities
  • Electric On Property: No
  • Heating and Cooling: Baseboard,Wall
  • Water Source: Public
  • Water/Sewer/Garbage: 5706
  • Power Production Type: Electric
  • Utilities: High Speed Internet, Sewer Connected, Electricity Available
Property and Assessments
  • New Construction YN: No
  • Zoning Jurisdiction: City
  • Zoning Class: Multi-Family
  • First Right Of Refusal: false
  • Possible Use: Multi-Family
  • Preliminary Title Ordered: Yes
  • Senior Community: No
  • Special Listing Conditions: None
  • Photos Count: 40
Lot Information
  • Lot Size Source: ASSESSOR
  • Parcel Number Free Text: 3426260308
  • Building Condition: Good
  • Calculated Square Footage: 4234
  • Structure Type: Quadruplex
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 4234.0
  • Building Area Units: Square Feet
  • Property Type: Residential Income
  • Elevation Units: Feet
  • Irrigation Water Rights: No
Multi Family
Building Details
  • Number of Uncovered Spaces: 5
  • Number of Stories in Building: 2
  • Vacancy Rate: 0
  • Number Of Units Total: 4
  • Units Below Grade: false
Financing / Income and Expenses
  • Electric Expense: $0
  • Total Expenses: 9321
  • Gross Adjusted Income: 40320
  • Gross Rent Multiplier: 0
  • Gross Scheduled Income: $40,320
  • Insurance Expense: $800
  • Net Operating Income: $24,279
  • Other Expenses: $0
  • Total Monthly Income: 3360
  • Fuel Expense: $0
Unit 1
  • Name Unit 1: 1
  • Washer/Dryer Unit 1: false
  • Range/Oven Unit 1: true
  • Refrigerator Unit 1: true
  • Dishwasher Unit 1: true
  • Square Feet Unit 1: 1050
  • Rent Unit 1: $800.00
  • Bedrooms Unit 1: 2
  • 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: true
  • Square Feet Unit 2: 1050
  • Rent Unit 2: $810.00
  • Bedrooms Unit 2: 2
  • Bathrooms Unit 2: 1
Unit 3
  • Name Unit 3: 3
  • Washer/Dryer Unit 3: false
  • Range/Oven Unit 3: true
  • Refrigerator Unit 3: true
  • Dishwasher Unit 3: true
  • Square Feet Unit 3: 1050
  • Rent Unit 3: $800.00
  • Bedrooms Unit 3: 2
  • Bathrooms Unit 3: 1
Unit 4
  • Name Unit 4: 4
  • Washer/Dryer Unit 4: false
  • Range/Oven Unit 4: true
  • Refrigerator Unit 4: true
  • Dishwasher Unit 4: true
  • Square Feet Unit 4: 1050
  • Rent Unit 4: $850.00
  • Bedrooms Unit 4: 2
  • Bathrooms Unit 4: 1
Rental
Rent Information
  • Occupant Type: Tenant
  • Leasable Area: 4234.0
  • Leasable Area Units: Square Feet

Property History for 310 Cherry Avenue West

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 310 Cherry Avenue West

Taxable ValueLand$24,700Additions$342,000Total$366,700
Home Facts
Total Finished SqFt2,117 SqFtAbove Ground SqFt2,117 SqFtStories1Lot Size14,375 SqFtStyleMulti-Family Res (5+ Units)Year Built1976CountyOKANOGANAPN3426260308

Schools near 310 Cherry Avenue West

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.

Similar 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 Nick McLean Real Estate Group

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.