MLS #2428172 / Listing provided by NWMLS & Guy Evans Lake Chelan Real Est.
$895,000
404 S 3rd Street
Chelan,
WA
98816
Sq Ft
Per Sq Ft
Year Built
Rare downtown Chelan triplex offering solid investment potential! Neat and tidy with a low-maintenance brick exterior, this 4,064 sq ft property features three larger-than-average rental units (864, 1,600 & 1,600 sq ft), each with its own washer/dryer and updated baths. A small lake view enhances the upstairs unit. A two garage bay, 864 sf basement storage area could create added revenue. Bonus side lot offers future condo development possibilities. Prime location just blocks from the lake, dining, and shopping. With a projected 5.4% cap rate with market rents (buyer to verify), this is a strong income property in one of Chelan’s most desirable areas.
Disclaimer: The information contained in this listing has not been verified by Hawkins-Poe Real Estate Services and should be verified by the buyer.
Bedrooms
- Upper Level Bedrooms: 0
Fireplaces
- Total Fireplaces: 0
Heating & Cooling
- Heating: Yes
- Cooling: Yes
Parking
- Parking Total: 1
- Uncovered Parking Spaces: 1
- Open Parking Spaces: 1
Structure
- Roof: Composition
- Exterior Features: Brick, Wood
- Foundation: Poured Concrete
Lot Details
- Lot Features: Curbs, Paved, Sidewalk, Value In Land
- Acres: 0.2
- Foundation: Poured Concrete
Schools
- High School District: Lake Chelan
Lot Details
- Lot Features: Curbs, Paved, Sidewalk, Value In Land
- Acres: 0.2
- Foundation: Poured Concrete
Power
- Energy Source: Electric
- Power Company: Chelan County PUD
Water, Sewer, and Garbage
- Sewer Company: City of Chelan
- Sewer: Sewer Connected
- Water Company: City of Chelan
- Water Source: Public
- Water, Sewer, and Garbage: 5245

Julie Anderson
Broker | REALTOR®
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