494 Main Street, Buckley, WA 98321

$689,500
1,320
SqFt

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Listing courtesy of AgencyOne. Selling Office: COMPASS.

Sold Price
$689,500
List Price
$689,950
Status
SOLD
MLS#
2185239
Closing Date
Mar 06, 2024
Days on Market
48
Style
53 - Tri-plex
Building Condition
Remodeled
Finished SqFt
1,320
Area Total SqFt
1320
Annual Tax Ammount
3096
Lot Size (sq ft)
3,250
Sewer
Sewer Connected

Property Description

Nestled in the heart of Buckley, Washington, this remodeled one of a kind triplex is a true gem. Once a dilapidated structure it has been transformed from the studs into a stunning space that seamlessly blends modern amenities with historic charm. As you approach the building you are immediately struck by inviting exterior of beautiful landscaping and lighting with welcoming walking paths to each unit. Throughout the building attention has been paid to every detail creating a warm and welcoming atmosphere. Between the beautiful structure and the location it is set apart from any other building. Location on the main strip allows for walking distance to eateries, shopping, coffee, parks and much more. Currently used as Airbnb and Long term.

Additional Information

List Date
2024-01-18 00:00:00
Community
Buckley
Net Operating Income
$53,204
Gross Adjusted Income
$47,204
Gross Scheduled Income
$60,000
Total Monthly Income
$4,500
Insurance Expenses
$1,000
Total Expenses
$6,796
Cap Rate
7.6
Vacancy Rate
5
Total Number of Units
3
Unit Name
494
Potential Terms
Cash Out, Conventional, FHA, VA Loan
Year Built
1940
Waterfront
Yes
Roof
Metal
Site Features
Cable TV, Fenced-Partially, Gas Available, High Speed Internet, Patio
Other Expenses
2700
Energy Source
Electric, Natural Gas
School District
White River
Total Monthly Income
$4,500
Gross Scheduled Income
$60,000
Vacancy Rate
5
Gross Adjusted Income
$47,204
Tax Year
2023
Insurance Expense
$1,000
Total Expenses
$6,796
Net Operating Income
$53,204
Cap Rate
7.6
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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