Stand by
USDAProperties.com is coming up with an answer for you...

 

 

 

$1,875,000   Price Analysis
USDAProperties Agent Contact Page  Agent Details  share icon     map icon  QR
120 S Forks Ave
Forks, WA 98331
Unknown bed None bath 20,371 SqFt ($92/SqFt)
0.65 acre lot. Built 1968
Listed 2023-11-04, Taxes $4,965
May be USDA loan restricted due to income limits
near Forks

25 units in the heart of Forks Washingtn in good condition.17 residential units and 8 commercial units.

In the heart ofThe Olympic Mountain Provin ce .Close to fantastic hiking, sking, winter sports.Close to Pacific Ocean beaches.Minutes away from Lake Crescent a Glacial mountain lake with trout fishing, forests, hiking trails, picnicking, camping and boat launch.Excellent condition units and solid tenants with exceptional income right now.Great upside to this building.Seller will consider owner contract with solid buyer.Fantastic opertunity to live in this builds.

25 units in the heart of Forks Washingtn in good condition.17 residential units and 8 commercial units. In the heart ofThe Olympic Mountain Provin ce .Close to fantastic hiking, sking, winter sports.Close to Pacific Ocean beaches.Minutes away from Lake Crescent a Glacial mountain lake with trout fishing, forests, hiking trails, picnicking, camping and boat launch.Excellent condition units and solid tenants with exceptional income right now.Great upside to this building.Seller will consider owner contract with solid buyer.Fantastic opertunity to live in this builds.


Presented by William Bickel at
Champion Real Estate - Edmonds.


Property MLS #2176874 from NWMLS

Laminate
Flooring: Laminate

Cooling Features: Wall
Heating Features: Baseboard
Heating Fuel: Electric
Heating: Yes

Cement/Concrete
Wood

Lot Description: Paved Street, Sidewalk
Lot Size Acres: 0.6536
Lot Size Square Feet: 28473

Open Parking Spaces: 30
Open Parking: Yes
Parking Total: 30

View: Territorial

Coin Op Laundry

Elementary School: Forks Elem
High School: Forks High
High School District: Quillayute
Middle School: Forks Mid

Forks High School is a public high school located approximately 0.2 miles away.
directions icon Map directions

Forks Elementary School is a public elementary school located approximately 0.4 miles away.
directions icon Map directions

District Run Home School is a public elementary, middle and high school located approximately 0.1 miles away.
directions icon Map directions

Gross Scheduled Income: 198900
Leasable Area: 20371
Leasable Area Units: Square Feet

Number of Units: 28

Calculated Total Monthly Association Fees: 0

Annual Tax Amount: 5268
Source Listing Status: Active
Country Region: US
County: Clallam
Cap Rate: 7
Directions: Heading south on 101(South Forks Avenue), property on right one block after Division.Across the street from Forks Public Library
Tax Year: 2023
Source Property Type: Multi-Family
Possible Use: Commercial, Multi-Family, Office, Residential
Insurance Expense: 19990
Area: 928 - Southwest Clallam
List Development Name: Forks
Source Neighborhood: Forks
Parcel Number: 1328095002120000
Street Suffix Modifier: Avenue
Subdivision: Forks
Zoning: Commercial, MultiFamily,
Lot Number: 3-7
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2023$428,400 + $150,791
$579,191
$4,965
2022$357,000 + $137,083
$494,083
$5,413
2021$357,000 + $137,083
$494,083
$5,721
2020$305,486 + $137,083
$442,569
$5,521
2019$305,486 + $137,083
$442,569
$5,584
2018$305,486 + $137,083
$442,569
$5,882
2017$305,486 + $137,083
$442,569
$5,445
2016$359,477 + $137,083
$496,560
$6,007
2015$379,390 + $137,083
$516,473
$5,952
2014$379,120 + $137,083
$516,203
$6,192

Price Changed 2024-01-12
$1,875,000
NWMLS
Listed 2023-11-04
$2,000,000
NWMLS

Net Operating Income: 143808
Operating Expense: 45082

Electric Expense: 6000
Power Production Type: Electric
Sewer: Sewer Connected
Water Source: Public

Building Area Total: 20371
Building Area Units: Square Feet
Building Name: 2
Foundation Details: Poured Concrete
Living Area Units: Square Feet
Property Age: 56
Property Condition: Very Good
Roof: Flat
Building Total Stories: 2
Structure Type: Multi Family
House Style: 10+ Units
Elevation Units: Feet
Year Built Effective: 2015
Click Thumbnail Images To View Full Size
road_viewunknownunknownunknownunknown
unknownwater_frontunknownwater_frontunknown
bathroomkitchenbathroomunknownbedroom
bedroomliving_roomliving_roomkitchenkitchen
bedroombedroomliving_roomliving_roomliving_room
living_roomkitchenkitchenunknownbathroom
unknownunknownliving_roombathroombedroom
unknownunknownunknownlaundry_roomlaundry_room

The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.