57 Katalpa Lane, Manson, WA 98831
- $1,350,000
- 3,298
- SqFt
Listing courtesy of Windermere RE/Lk Chelan Midtwn.
- List Price
- $1,350,000
- Status
- ACTIVE
- MLS#
- 2566478
- Days on Market
- 0
- Style
- 55 - 5-9 Units
- Building Condition
- Updated/Remodeled
- Finished SqFt
- 3,298
- Area Total SqFt
- 3298
- Annual Tax Ammount
- 6776
- Internet Provider
- TBD
- Lot Size (sq ft)
- 33,977
- Sewer
- Sewer Connected
Property Description
Exceptionally well maintained investment property featuring a 4 plex plus an additional one bedroom standalone loft apartment. above a spacious two-car garage/shop. Perfectly positioned to capture breathtaking 180-degree views of Lake Chelan and Wapato Point, this property offers an outstanding combination of location, quality and income potential. Every unit has been renovated within the past 4 years and is complimented by a newer roof and updated HVAC systems, providing peace of mind for years to come. Each fourplex apartment features its own fireplace, large covered deck with panoramic lake views and a dedicated 2 space carport,creating an attractive living environment for tenants. Located just minutes from downtown Manson, residents enjoy convenient access to restaurants, shopping, wineries, community parks, boat launches, and public swimming areas. Whether you're seeking a premium income -producing property or a long tern investment in the heart of the Lake Chelan Valley, this exceptional offering is a rare opportunity.
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Additional Information
- List Date
- 2026-08-11 21:43:16
- Community
- Manson
- Net Operating Income
- $86,043
- Gross Adjusted Income
- $99,500
- Gross Scheduled Income
- $99,600
- Total Monthly Income
- $8,300
- Insurance Expenses
- $6,310
- Water/Sewer/Garbage Expenses
- $3,456
- Gross Rent Multiplier
- 13.5
- Total Expenses
- $18,613
- Cap Rate
- 0.06
- Total Number of Units
- 6
- Unit Name
- 57
- Potential Terms
- Cash, Conventional
- Year Built
- 1997
- View
- City, Lake, Mountains
- Roof
- Composition
- Site Features
- Shop
- Other Expenses
- 2071
- Energy Source
- Electric
- School District
- Manson
- Elementary School
- Manson Elem
- Middle School
- Manson Jnr Snr High
- High School
- Manson Jnr Snr High
- Total Monthly Income
- $8,300
- Gross Scheduled Income
- $99,600
- Gross Adjusted Income
- $99,500
- Tax Year
- 2026
- Insurance Expense
- $6,310
- W/S/G Expenses
- $3,456
- Total Expenses
- $18,613
- Net Operating Income
- $86,043
- Gross Rent Multiplier
- 13.5
- Cap Rate
- 0.06
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.IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.