8 Highway 97
8 Highway 97
Brewster, WA 98812
$1,250,000
Price
16
Beds
12
Baths
7,680 Sq. Ft.
$163 / Sq. Ft.
7,680
Sq. Ft.
$163
per Sq. Ft.
Listing provided courtesy of Windermere RE/Lake Chelan
Description
Rare investment opportunity! Property overlooks the Columbia River with 12 rental units spread across three parcels. Each unit boasts captivating views which helps support tenant occupancy. With a mix of spacious two-bedroom and cozy single-bedroom layouts there's something for everyone. Positioned in a high-demand rental market, this property provides opportunity for lucrative returns. Each unit features baseboard heating, wall mount air conditioning, vinyl windows, carpet and vinyl flooring. Kitchens...Rare investment opportunity! Property overlooks the Columbia River with 12 rental units spread across three parcels. Each unit boasts captivating views which helps support tenant occupancy. With a mix of spacious two-bedroom and cozy single-bedroom layouts there's something for everyone. Positioned in a high-demand rental market, this property provides opportunity for lucrative returns. Each unit features baseboard heating, wall mount air conditioning, vinyl windows, carpet and vinyl flooring. Kitchens are equipped with essential appliances including stove/oven, dishwasher/disposal, and refrigerator. Location not only offers breathtaking views but also ensures easy access to essential amenities and recreational activities.
- Listed by Keith E. Allen • Windermere RE/Lake Chelan
Property Details for 8 Highway 97
Community Name
Brewster
School DistrictBrewster
ViewCity, Mountain(s), River
Number of Assigned Spaces12
Total Covered Parking0
Entry Date03-14-2024
Energy SourceElectric
SewerSewer Connected
Location
Listing Courtesy of Windermere RE/Lake Chelan![]()
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LISTING UPDATED: 03/14/2024 04:18 PM
Property Details for 8 Highway 97
| Status | Active |
|---|---|
| MLS # | 2210451 |
| Days on Market | 50 |
| Cumulative Days on Market | 56 |
| Taxes | $8,298 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Residential Income |
| Year Built | 1975 |
| Lot Size | 0.18 AC / 7,680 SF |
| County | Okanogan County |
Location
Listing Courtesy of Windermere RE/Lake Chelan![]()
Add your commute
Building Information for 8 Highway 97
Stories1Residences12Year Built1975Building Size-Lot Size0.18 AC / 7,680 SF
Payment Calculator
$7,513 per month
30 year fixed, 7.25% Interest
Principal and Interest
$6,822
Property Taxes
$692
HOA Dues
$0
The Payment Calculator is for illustrative purposes only.
Property Information for 8 Highway 97
Summary
Location and General Information
- Style: 56 - 10+ Units
- Site Features: Fenced-Partially, Sprinkler System
- Area: 967 - Brewster/Pateros
- Block: BETW/RR&HWH
- Elementary School: Brewster Elem
- Middle Or Junior School: Brewster Jnr High
- High School: Brewster High
- Effective Year Built Source: Public Records
- Directions: Going north on Hwy 97, drive through the city of Brewster, turn right onto Plaza Way, then right onto River Plaza, turn left onto old highway 97
- 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: 0.0
- Open Parking: No
Interior and Exterior Features
Interior Features
- Floor Covering: Vinyl
- Amenities: Basement
- Cooling: Yes
- Cooling: Wall Unit(s)
- Fireplace: No
- Heating: Yes
- Heating: Baseboard
- FIRPTA: No
Exterior Features
- Exterior: Wood
- Roof: Metal
Property
Utilities
- Water Source: Public
- Water/Sewer/Garbage: 23356.53
- Power Company: PUD
- Sewer Company: Public
- Water Company: Public
- Power Production Type: Electric
Property and Assessments
- New Construction YN: No
- Zoning Jurisdiction: City
- Foundation: Poured Concrete
- Zoning Class: Multi-Family
- Construction Methods: Standard Frame
- First Right Of Refusal: false
- Possible Use: Multi-Family
- Preliminary Title Ordered: Yes
- Senior Community: No
- Special Listing Conditions: None
- Year Built Effective: 1975
- Photos Count: 14
Lot Information
- Lot Details: Corner Lot, Dead End Street, Paved
- Lot Number: 35
- Lot Size Source: 9583
- Parcel Number Free Text: 0150350003
- Building Condition: Fair
- Calculated Square Footage: 7680
- Structure Type: Multi Family
- Square Footage Finished: 0
- Square Footage Unfinished: 0
- Building Area Total: 7680.0
- Building Area Units: Square Feet
- Property Type: Residential Income
- Elevation Units: Feet
- Irrigation Water Rights: No
Multi Family
Building Details
- Number of Uncovered Spaces: 0
- Number of Stories in Building: 1
- Vacancy Rate: 0
- Number Of Units Total: 12
- Units Below Grade: true
- Units In Building Total: 12
Financing / Income and Expenses
- Electric Expense: $2,262
- Total Expenses: 79558.56
- Gross Adjusted Income: 37101
- Gross Rent Multiplier: 10.7
- Gross Scheduled Income: $116,660
- Insurance Expense: $5,634
- Net Operating Income: $37,101
- Other Expenses: $40,008
- Total Monthly Income: 9900
- 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
- Rent Unit 1: $800.00
- Bedrooms Unit 1: 1
- 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
- Rent Unit 2: $800.00
- Bedrooms Unit 2: 1
- 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
- Rent Unit 3: $800.00
- Bedrooms Unit 3: 1
- 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
- Rent Unit 4: $800.00
- Bedrooms Unit 4: 1
- Bathrooms Unit 4: 1
Unit 5
- Name Unit 5: 5
- Washer/Dryer Unit 5: false
- Range/Oven Unit 5: true
- Refrigerator Unit 5: true
- Dishwasher Unit 5: true
- Rent Unit 5: $800.00
- Bedrooms Unit 5: 1
- Bathrooms Unit 5: 1
Unit 6
- Name Unit 6: 6
- Washer/Dryer Unit 6: false
- Range/Oven Unit 6: true
- Refrigerator Unit 6: true
- Dishwasher Unit 6: true
- Rent Unit 6: $800.00
- Bedrooms Unit 6: 1
- Bathrooms Unit 6: 1
Unit 7
- Name Unit 7: 7
- Washer/Dryer Unit 7: false
- Range/Oven Unit 7: true
- Refrigerator Unit 7: true
- Dishwasher Unit 7: true
- Rent Unit 7: $800.00
- Bedrooms Unit 7: 1
- Bathrooms Unit 7: 1
Unit 8
- Name Unit 8: 8
- Washer/Dryer Unit 8: false
- Range/Oven Unit 8: true
- Refrigerator Unit 8: true
- Dishwasher Unit 8: true
- Rent Unit 8: $800.00
- Bedrooms Unit 8: 1
- Bathrooms Unit 8: 1
Unit 9
- Name Unit 9: 9
- Washer/Dryer Unit 9: false
- Range/Oven Unit 9: true
- Refrigerator Unit 9: true
- Dishwasher Unit 9: true
- Rent Unit 9: $875.00
- Bedrooms Unit 9: 2
- Bathrooms Unit 9: 1
Unit 10
- Name Unit 10: 10
- Washer/Dryer Unit 10: false
- Range/Oven Unit 10: true
- Refrigerator Unit 10: true
- Dishwasher Unit 10: true
- Rent Unit 10: $875.00
- Bedrooms Unit 10: 2
- Bathrooms Unit 10: 1
Unit 11
- Name Unit 11: 11
- Washer/Dryer Unit 11: false
- Range/Oven Unit 11: true
- Refrigerator Unit 11: true
- Dishwasher Unit 11: true
- Rent Unit 11: $875.00
- Bedrooms Unit 11: 2
- Bathrooms Unit 11: 1
Unit 12
- Name Unit 12: 12
- Washer/Dryer Unit 12: false
- Range/Oven Unit 12: true
- Refrigerator Unit 12: true
- Dishwasher Unit 12: true
- Rent Unit 12: $875.00
- Bedrooms Unit 12: 2
- Bathrooms Unit 12: 1
Rental
Rent Information
- Occupant Type: Tenant
- Leasable Area: 7680.0
- Leasable Area Units: Square Feet
Property History for 8 Highway 97
| 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 8 Highway 97
This home is within Brewster School District.
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | PK to 5 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 | |||
| Public - | 9 to 12 |
Rating | School | Distance |
|---|---|---|
Brewster Elementary School PublicPK to 5 | ||
Brewster Junior High School Public6 to 8 | ||
Brewster High School Public9 to 12 | ||
Brewster Alternative 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.
Listing Courtesy of Windermere RE/Lake Chelan
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.