1532 W Sims WAY Active

Port Townsend,WA 98368

$ 1750000

- Bed

- Bath

7468 SqFt


Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 7,468 sqft

Price per Sqft $234

Subdivision Port Townsend

MLS Listing ID 2043549

Style 55 - 5-9 Units

Year Built 1948

Annual Tax Amount $9,554

Lot Size 0.620 Acres

Property Description

The building is a mix of commercial on the first floor and 7 residential apartments on the second floor. It is 100% occupied w/leases for every tenant. Building has a 17yr history of full occupancy. The commercial tenant is a very popular recycle salvage business. The 7 apartments- 2 studio, 4- 1 bedroom and 1- 2 bedroom are updated w/a modern theme. Apartments have 3 walk-in showers, up to date plumbing - faucets and shower valves, updated electrical- baseboard heaters, water heaters & lighting. Residential tenants are presently paying below market rate. Building has an excellent location for residential living, bars, restaurants and grocery store are all within a short distance. Full RV hookup- water, sewer & electric is in the rear lot.

Location

State WA

County Jefferson

Area 480 - Port Townsend

Interior

Flooring Laminate,Carpet

Exterior

Exterior Feature Wood

Amenities Available Cable TV,Deck,Outbuildings

View Y/N Yes

View City,Mountain(s),Sound,Strait

Roof Type Metal

Building

Lot Description Paved

Sewer Sewer Connected

Water Public

New Construction No

Schools

School District Port Townsend #50

Others

Acceptable Financing Cash Out,Owner Financing,See Remarks

Listing Terms Cash Out,Owner Financing,See Remarks

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