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  • Listed by: 

    Joanne Soderlind,

    Ideal Real Estate,

    Brody Broker,

    Ideal Real Estate

    $1,299,950

    306 W First Street, Port Angeles, WA 98362

    15beds
    12baths
    11,856sqft
    : 
    Multi Family
    Built in 1921
    -- sqft lot
    $1,227,200 Zestimate®
    $110/sqft
    $-- HOA

    What's special

    Own a piece of Port Angeles history! Bayview Apartments has been a landmark in downtown Port Angeles since 1921. With 12 units there is constant cashflow and these units are in high demand and rent instantly. The yearly income is over $158K and the current owners have spent the last seven years going through the units and doing repairs and upgrades. At this point, the building is in great shape and future expenses should be minimal. The unfinished bottom story provides an opportunity to expand the building by 50% without a lot of expense meaning that cashflow can easily increase with some additional investment. Lot to the West is also available for sale separately
    187 days
    on Zillow
    |
    860
    |
    42
    |

    Zillow last checked: 7 hours ago

    Listing updated: April 01, 2025 at 10:32am

    Listed by:

    Joanne Soderlind,

    Ideal Real Estate,

    Brody Broker,

    Ideal Real Estate

    Source: NWMLS,MLS#: 2303930MLS Logo
    Travel times

    Tour with a buyer’s agent

    We’ll find a local expert to take you on a private tour of 306 W First Street.

    Next available tour time:Tomorrow at 9am

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 15
    • Bathrooms: 12
    Heating
    • Radiator
    Cooling
    • None
    Features
    • Flooring: Laminate, Carpet, Wall to Wall Carpet
    • Has fireplace: No
    Interior area
    • Total structure area: 11,856
    • Total interior livable area: 11,856 sqft
    Video & virtual tour

    Property

    Parking
    • Total spaces: 8
    • Parking features: Open
    • Uncovered spaces: 8
    Features
    • Has view: Yes
    • View description: Mountain(s), Strait
    • Has water view: Yes
    • Water view: Strait
    Lot
    • Size: 7,000.09 Square Feet
    • Features: Paved, Sidewalk
    Details
    • Parcel number: 0630000034030
    • Zoning description: Commercial,Jurisdiction: City
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Stucco
    • Roof: Flat
    Condition
    • Good
    • Year built: 1921
    • Major remodel year: 1921

    Utilities & green energy

    • Electric: Company: City of PA
    • Sewer: Sewer Connected, Company: City of PA
    • Water: Public, Company: City of PA

    Community & HOA

    Community
    • Subdivision: Port Angeles
    Location
    • Region: Port Angeles

    Financial & listing details

    • Price per square foot: $110/sqft
    • Annual tax amount: $2,853
    • Date on market: 10/21/2024
    • Listing terms: Cash Out,Conventional
    • Cumulative days on market: 187 days
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