601 Alder Street
601 Alder Street
Twisp, WA 98856
$480,000
Price
4
Beds
3
Baths
1,960 Sq. Ft.
$245 / Sq. Ft.
1,960
Sq. Ft.
$245
per Sq. Ft.
Pending
Pending
Listing provided courtesy of Windermere RE/Lake Chelan, Windermere Real Estate/HLC
Description
Come see this rare opportunity to own an investment property in downtown TWISP! Side by side duplex with an attached single car garage. 2 bedrooms and 1.5 bathrooms on each side. Located in the historic downtown core, close to shopping, dining, and the best of Methow recreation right at your doorstep. Both units have AC, low maintenance landscaping, and are connected to city utilities. Carpets were recently deep cleaned. Both units are currently occupied and are well below market rate. Live in one...Come see this rare opportunity to own an investment property in downtown TWISP! Side by side duplex with an attached single car garage. 2 bedrooms and 1.5 bathrooms on each side. Located in the historic downtown core, close to shopping, dining, and the best of Methow recreation right at your doorstep. Both units have AC, low maintenance landscaping, and are connected to city utilities. Carpets were recently deep cleaned. Both units are currently occupied and are well below market rate. Live in one and rent out the other, or keep it as an income generating property. Airbnb or vacation rentals may also be an option. Buyer to do their due diligence on rental options. Pre-inspection available upon request. Call today for a private tour!
- Listed by Lukas Sztab • Windermere RE/Lake Chelan
- Listed by Emily Hawkins • Windermere Real Estate/HLC
Property Details for 601 Alder Street
Community Name
Twisp
School DistrictMethow Valley
ViewCity, Mountain(s)
Number of Assigned Spaces6
Total Covered Parking2
Entry Date05-10-2024
Energy SourceElectric
SewerSewer Connected
Location
Listing Courtesy of Windermere RE/Lake Chelan; Windermere Real Estate/HLC![]()
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LISTING UPDATED: 06/01/2024 10:50 AM
Property Details for 601 Alder Street
| Status | Pending |
|---|---|
| MLS # | 2235696 |
| Days on Market | 12 |
| Cumulative Days on Market | 12 |
| Taxes | $2,622 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Residential Income |
| Year Built | 1993 |
| Lot Size | 0.17 AC / 7,405 SF |
| County | Okanogan County |
Location
Listing Courtesy of Windermere RE/Lake Chelan; Windermere Real Estate/HLC![]()
Add your commute
Building Information for 601 Alder Street
Stories2Residences2Year Built1993Building Size-Lot Size0.17 AC / 7,405 SF
Payment Calculator
$2,838 per month
30 year fixed, 7.25% Interest
Principal and Interest
$2,620
Property Taxes
$219
HOA Dues
$0
The Payment Calculator is for illustrative purposes only.
Property Information for 601 Alder Street
Summary
Location and General Information
- Style: 52 - Duplex
- Area: 966 - Methow Valley
- Directions: From HWY 20, turn North onto Webb lane (across from Hanks). Property is 1/2 block down alley on the right.
- Leased Items: None
- Property Sub Type: MULT
- View: Yes
- Waterfront: No
Taxes and HOA Information
- Tax Year: 2023
Parking
- Number of Carport Spaces: 0.0
- Carport: No
- Open Parking Spaces: 4.0
- Open Parking: Yes
Interior and Exterior Features
Bathroom Information
- Full Baths Upper: 0
- Three Quarter Baths Upper: 0
- Half Baths Upper: 0
- Main Level Bathrooms: 0
Bedroom Information
- Bedrooms Upper: 0
- Bedrooms Possible: 0
Interior Features
- Fireplaces Total: 0
- Floor Covering: Vinyl, Vinyl Plank, Carpet
- Features: Wall to Wall Carpet
- Cooling: Yes
- Cooling: Central A/C, Forced Air
- Fireplace: No
- Heating: Yes
- Heating: Forced Air, Heat Pump
- FIRPTA: No
Exterior Features
- Exterior: Wood Products
- Roof: Metal
Property
Utilities
- Water Source: Public
- Water/Sewer/Garbage: 3936
- Power Company: Okanogan County PUD
- Sewer Company: City of Twisp
- Water Company: City of Twisp
- Power Production Type: Electric
Property and Assessments
- New Construction YN: No
- Zoning Jurisdiction: City
- Foundation: Poured Concrete
- Zoning Class: Multi-Family,Residential
- Construction Methods: Standard Frame
- First Right Of Refusal: false
- Possible Use: Multi-Family, Residential
- Preliminary Title Ordered: Yes
- Senior Community: No
- Special Listing Conditions: None
- Photos Count: 32
Lot Information
- Lot Details: Alley, Paved
- Lot Size Source: Realist
- Parcel Number Free Text: 2740062500
- Building Condition: Good
- Calculated Square Footage: 1960
- Structure Type: Duplex
- Square Footage Finished: 0
- Square Footage Unfinished: 0
- Building Area Total: 1960.0
- Building Area Units: Square Feet
- Property Type: Residential Income
- Elevation Units: Feet
- Irrigation Water Rights: No
Multi Family
Building Details
- Number of Uncovered Spaces: 4
- Number of Stories in Building: 2
- Vacancy Rate: 0
- Number Of Units Total: 2
- Units Below Grade: false
- Units In Building Total: 2
Financing / Income and Expenses
- Electric Expense: $0
- Total Expenses: 7540
- Gross Adjusted Income: 30000
- Gross Rent Multiplier: 16
- Gross Scheduled Income: $30,000
- Insurance Expense: $982
- Net Operating Income: $22,460
- Other Expenses: $0
- Total Monthly Income: 2500
- Fuel Expense: $0
Unit 1
- Name Unit 1: 601
- Washer/Dryer Unit 1: true
- Range/Oven Unit 1: true
- Refrigerator Unit 1: true
- Dishwasher Unit 1: true
- Square Feet Unit 1: 980
- Rent Unit 1: $1,250.00
- Bedrooms Unit 1: 2
- Fireplaces Unit 1: 0
- Bathrooms Unit 1: 2
Unit 2
- Name Unit 2: 603
- Washer/Dryer Unit 2: true
- Range/Oven Unit 2: true
- Refrigerator Unit 2: true
- Dishwasher Unit 2: true
- Square Feet Unit 2: 980
- Rent Unit 2: $1,250.00
- Bedrooms Unit 2: 2
- Fireplaces Unit 2: 0
- Bathrooms Unit 2: 2
Rental
Rent Information
- Occupant Type: Tenant
- Leasable Area: 1960.0
- Leasable Area Units: Square Feet
Property History for 601 Alder 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.
Schools near 601 Alder Street
This home is within Methow Valley School District.
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | PK to 6 | |||
| Public - | 7 to 12 | |||
| Public - | 9 to 12 | |||
| Public - | K to 12 |
Rating | School | Distance |
|---|---|---|
Methow Valley Elementary School PublicPK to 6 | ||
Liberty Bell Jr Sr High School Public7 to 12 | ||
Methow Valley Independent L C Public9 to 12 | ||
Alternative Educational Experience PublicK 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.
Listing Courtesy of Windermere RE/Lake Chelan; Windermere Real Estate/HLC
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.