$399,000

8 Beds 3 Baths 2,974 SQFT 0.18 Acres
Type: Multi-Family

117 E Lake Street
Conconully, WA 98819

MLS#: 2456544
Presented by: Pine Street Realty and NWMLS

Property Description

 

Turnkey tri-plex investment opportunity in the heart of Conconully! Situated on a corner lot along the creek, this fully updated multi-family property offers approximately 4,500 rentable square feet across three units: two spacious 3-bedroom, 1-bath units and one 2-bedroom, 1-bath unit. All units feature updated interiors, laminate, vinyl, and carpet flooring, forced-air heat, central A/C, and include range/oven, refrigerator, and washer/dryer. The property has a strong rental history with full occupancy for several years and is currently vacant to facilitate showings and sale. Residents enjoy shared coin-op laundry, separate entrances, off-street and RV parking, a large deck, rooftop deck, patio, partial fencing, cable availability, and beautiful creek frontage with city, mountain, and territorial views. Connected to city sewer with individual well water and PUD power. Conveniently located within walking distance of downtown amenities and surrounded by Conconully's renowned lakes, mountains, and year-round recreation. An excellent opportunity for investors seeking immediate rental potential and long-term value.


 

Interior Features

Bedrooms

Bedrooms Upper0

Bathrooms

Baths Full Upper0
Baths Half Upper0
Baths Three Quarter Upper0

Other Interior Features

Air Conditioning Y/NYes
Fireplace Y/NNo
FlooringLaminate, Vinyl, Carpet
Heating Y/NYes
Power Production TypeElectric
Total Fireplaces0
Total Stories2

General

AmenitiesCoin Op Laundry
Assoc Fee Paid PerNot Applicable
Building Area Units0 sqft
Cap Rate0
Carport Spaces0
Carport Y/NNo
CityConconully
CoolingCentral Air
CountyOkanogan
DirectionsN through Conconully on Main St. Turn Right on Lakeside. Property on Right after crossing bridge
Electric Expense0
Elementary SchoolBuyer To Verify
Fuel Expense0
HOANo
HOA Fee$0
HeatingForced Air
High SchoolBuyer To Verify
High School DistrictOmak
Insurance Expense1500
Leasable Area4,500 sqft
Listing TermsConventional, FHA, USDA Loan, VA Loan
Living Area0 sqft
Lot Size Square Feet7,841 sqft
Lot Size UnitsSquare Feet
MLS Area620 - Okanogan Valley
Middle/Junior High SchoolBuyer To Verify
NWM_ShowMapLinkY
Net Operating Income0
New ConstructionNo
Number Of Units Total3
Open Parking Spaces0
PossessionClosing
Possible UseMulti-Family
Property Style53 - Tri-plex
Property SubtypeMulti Family
Property TypeResidential Income
Public RemarksTurnkey tri-plex investment opportunity in the heart of Conconully! Situated on a corner lot along the creek, this fully updated multi-family property offers approximately 4, 500 rentable square feet a
RoofMetal
Security FeaturesPartially Fenced
Senior Community Y/NNo
SewerSewer Connected
Special Listing ConditionsNone
Standard StatusActive
StatusActive
Structure TypeTriplex
Subdivision NameConconully
Tax Annual Amount$2,700
Tax Year2025
Units Below Gradefalse
Units In Building Total3
ViewCity, Mountains, Territorial
Water CompanyIndividual Well
Water Sewer Garbage2880
Waterfront FeaturesCreek
Year Built1981
Zoning DescriptionMulti-Family

Exterior

Building Area Total2,974 sqft
Covered Spaces0
Exterior AmenitiesMetal/Vinyl
Foundation DetailsPoured Concrete
Irrigation Water Rights Y/NNo
Lot FeaturesCorner Lot, Curbs, Paved
Lot Size Acres0.18
Parking FeaturesRV Parking
Parking Uncovered Spaces0
Site FeaturesCable TV, Deck, Fenced-Partially, Patio, Rooftop Deck, RV Parking
Water SourceIndividual Well
Waterfront Y/NYes

Additional Details

Price History

Schools 

High School Buyer To Verify High School
Elementary School Buyer To Verify Elementary School
Middle School Buyer To Verify Middle School

  

Similar Properties

$399,000

8 Beds 3 Baths 2,974 SQFT 0.18 Acres
Type: Multi-Family

117 E Lake Street
Conconully, WA 98819

MLS#: 2456544