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About the Listing 6279 - 95870
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.
Listing Highlights for 404 S 3rd St
Status
Active
Days on Site
2
Property Type
Multi-Family
MLS ®
2428172
Year Built
1960
Total Square Footage
4,064
Lot/Acreage
0.2
Interior Details
- Bedrooms: 6
- Bathrooms: 3 Full
- Appliances:
- Air Cond:
- Heating:
- Fireplaces: 0
- Floor: Ceramic Tile,Hardwood,Vinyl,Vinyl Plank,Carpet
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: City of Chelan
Exterior Details
- Lot Description: Curbs,Paved,Sidewalk,Value In Land,Deck,Sprinkler System,Zoning: Residential
- Garage Capacity: N/A
- Parking Spaces: 1
- Zoning: Residential
- Roof: Composition
- Others: Brick,Wood,Good
- Sewer: City of Chelan
Financial Details
- Tax Amount: $3,099
- Taxes w/Assessments: N/A
- Tax/Property ID: 272213310250
- Tax Year: 2025
Payment Calculator
Monthly Payment
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Listing Location
Questions About..
404 S 3rd St Chelan, WA 98816
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