92 Cobey Heights Road , Tonasket, WA 98855

WA, Tonasket
$1,200,000
  • 3 Beds
  • 2 Bath
  • 40.03 Acre
  • Residential Property Type
  • 1925 Year Built
  • Active Status
Steven M
Steven M Realtyna
  • (302) 525 8222
  • (302) 525 8222
  • Support@Realtyna.com
  • 200 Continental Drive, Suite 401, Newark, DE 19713 USA
  • (302) 525 8222
Property Description

Invest Securely With A Possible 8 Cap Return On This Live-work Professional, Cooperative Apartment Rented On A Long-term Basis To The New York State Assembly As A District Office. This Apartment Features Five Rooms And Two Bathrooms. This Fabulous, Income Producing Space Is Located In The Armstead, A Pre-war, 24hr Building Located On The Vibrant Upper Westside. There Is A Private, Street Level Entrance As Well As A Lobby Entrance. The Current Lease Term Will Expire In June 2023 But Nys Has Continuously Renewed For The Last Thirty Years And Has No Intention Of Vacating Unless Asked By The Next Owner. Great For A 1031 Exchange. The Return On Investment Is Superb! Cap Rate: 6.7the Monthly Maintenance Is $2215.19 The Monthly Rent Is $8961.monthly Profit Is $6,745.81

Basic Details
  • Property Type: Residential
  • Listing Type: For Sale
  • Listing ID: 2149418
  • Price: $1,200,000
  • Year Built: 1925
  • Lot Area: 40.03 Acre
  • Status: Active
  • Office Name: Upper Valley Realty LLC
  • Agent Name: Jake Bradley
  • Property Sub Type: Coop
  • Roof: Metal
Features
  • Heating System Tankless Water Heater,Stove/Free Standing
  • Cooling System None
  • Basement None
  • Fireplace Wood Burning
  • Parking Driveway
  • Sewer Septic Tank
  • Exterior Features Wood Products
  • Fireplaces Total: 1
  • Flooring See Remarks
  • Interior Features Loft,Vaulted Ceiling(s),Double Pane/Storm Window,Fireplace,Wired for Generator
Appliances
  • Refrigerator
  • Dryer
  • Washer
  • Stove/Range
Address Map
  • Country US
  • State WA
  • County Okanogan
  • City Tonasket
  • Zipcode 98855
  • Street: Cobey Heights
  • Street Number: 92
  • Street Suffix: Road
  • Longitude: W119° 5' 3.2''
  • Latitude: N48° 34' 49.6''
  • Mls Area Major: 620 - Okanogan Valley
Neighborhood
  • Elementary School: Buyer To Verify
  • High School: Buyer To Verify
  • High School District: Tonasket
  • Middle School: Buyer To Verify
Additional Information
  • Water Source: Private,Individual Well
  • Community Features: CCRs
  • Foundation Details: Post & Block
  • On Market Date: 2023-08-10
Financial
  • Tax Annual Amount: 313
  • Association: Yes
  • Association Fee: 250
  • Association Fee Frequency: Annually
Listing Information
  • Special Listing Conditions: None
  • Status Change Timestamp: 2023-11-15T08:15:52Z
  • Co List Agent Full Name: Jerry Bradley
  • Co List Agent Mls Id: 88163
  • Co List Office Mls Id: 4397
  • Co List Office Name: Upper Valley Realty LLC
  • List Agent Mls Id: 118619
  • List Office Mls Id: 4397
  • Listing Term: Cash Out
  • Mls Status: Expired
  • Modification Timestamp: 2024-01-24T09:20:45Z
  • Originating System Name: Demo
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