1014 Main Street, Oroville, WA 98844

$750,000

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Listing courtesy of CB Cascade - Oroville.

List Price
$750,000
Status
ACTIVE
MLS#
2495897
Days on Market
493

Property Description

Own a Piece of Oroville’s Historic Charm – Prime Investment Opportunity! The Alaskan Apartments feature 12 updated rental apartments and 2 cozy cabins. The property spans three parcels, offering outdoor space for tenants to enjoy, and is located just a few blocks from grocery stores, shops, restaurants, schools, and more. Each apartment has been carefully updated, with private bathrooms adding extra appeal. The expansive outdoor areas are a rare feature for a rental property like this. With strong demand for rentals and steady income potential, this property is a solid investment. The three-parcel setup also offers future development opportunities to increase value. Parcels: 2040560900, 2040561101, 2040561200.

Additional Information

Community
Oroville
Style
62 - Business Opp.
Year Built
1906
Roof
Flat
Tax Year
2025
Potential Terms
Cash, Conventional
Flooring
Hardwood, Laminate, Vinyl, Carpet
Driving Directions
Located right on main street. Heading south on Y it is directly on the right.
Electric Expenses
10000
Other Expenses
10026
Energy Source
Electric
Net Operating Income
$97,696
Gross Scheduled Income
$139,200
Water/Sewer/Garbage Expenses
$6,469
Cap Rate
9
Total Expenses
$41,504
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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