402 Laurel Street, Port Angeles, WA 98362

$1,920,000
8,762
SqFt

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Listing courtesy of RE/MAX Evergreen.

List Price
$1,920,000
Status
ACTIVE
MLS#
2485499
Days on Market
152
Style
56 - 10+ Units
Finished SqFt
8,762
Area Total SqFt
8762
Annual Tax Ammount
7224
Lot Size (sq ft)
14,000
Sewer
Sewer Connected

Property Description

Well maintained and updated centrally located 12 unit. 2022 new exterior paint, New Vinyl windows, repaved parking lot. New roof 2013 and new individual breaker boxes in all units 2024

Additional Information

List Date
2026-02-27 00:04:11
Community
Port Angeles
Net Operating Income
$102,815
Gross Adjusted Income
$175,648
Gross Scheduled Income
$170,448
Total Monthly Income
$175,648
Insurance Expenses
$10,254
Water/Sewer/Garbage Expenses
$19,910
Gross Rent Multiplier
11
Total Expenses
$72,833
Cap Rate
5.3
Vacancy Rate
1
Total Number of Units
12
Unit Name
402
Potential Terms
Cash, Conventional
Year Built
1962
View
Mountain(s)
Roof
Built-Up, Torch Down
Electric Expenses
1
Other Expenses
35443
Energy Source
Electric
School District
Port Angeles
High School
Port Angeles High
Total Monthly Income
$175,648
Gross Scheduled Income
$170,448
Vacancy Rate
1
Gross Adjusted Income
$175,648
Tax Year
2026
Insurance Expense
$10,254
W/S/G Expenses
$19,910
Total Expenses
$72,833
Net Operating Income
$102,815
Gross Rent Multiplier
11
Cap Rate
5.3
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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