120 S Forks Avenue Forks, WA $ 1,875,000
120 S Forks Avenue
$ 1,875,000
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120 S Forks Avenue

Forks, WA, 98331
$ 1,875,000
Baths0.0 Sq 20,371

Monthly Estimate*

$ 12,462

Listed by Champions Real Estate
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Studio

Multi-Family Home for sale in Forks, WA

for $1,875,000. This 20,371 square foot home was built in 1968 on a lot size of 0.6536.

25 units in the heart of Forks Washington in very good condition.17 residential units(12, 1 bedroom 1 bath,7, 2 bedroom 1 1 3bedroom 2 bath) and 8 commercial units. In the heart ofThe Olympic Mountain Province .Close to fantastic hiking,sking,winter sports.Close to Pacific Ocean beaches.Minutes away from Lake Crescent a Glacial mountain lake with trout fishing, forests, hiking trails, picnicking, camping & boat launch..Excellent condition units and solid tenants with great income right now.Great upside to this building.Seller will consider owner contract with solid buyer.Fantastic opertunity to live in this builds.

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Multi-Family Active

Price

$ 1,875,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 5,268

Style

10+ Units

Lot Size

0.6536

Year Built

1968

Town/City

Forks

County/Region

Clallam

MLS | Web ID

2176874

Features
General
Interior Features Laminate
Sewer Sewer Connected
Heating Baseboard
Cooling Wall Unit(s)
Possession Closing Negotiable Tenant's Rights
Roof Flat
Exterior Features Cement/Concrete Wood
HOA 0
Year Built 1968
View Territorial
Property SubType Multi-Family
Tax Year 2023
Building Name 2
County Clallam
Net Operating Income 143808
Insurance Expense 19990
New Construction N
Property Type Residential Income
HOA / Comm Assn N
Subdivision Name Forks
Possible Use Commercial Multi-Family Office Residential
Special Listing Conditions None
Status Active
Directions Heading south on 101(South Forks Avenue) property on right one block after Division.Across the street from Forks Public Library
High School Forks High
City Forks
Buyer Agent Compensation 2
View Y/N Y
Senior Community Y/N N
High School District Quillayute
Open Parking Spaces 30
NumberOfUnitsTotal 0
MLS Area 928 - Southwest Clallam
Lot Size Units Square Feet
Lot Size Square Feet 28473
Waterfront Y/N N
Carport Spaces 0
Carport Y/N N
Street Name Forks
Listing Terms Cash Out Conventional
Elementary School Forks Elem
Tax Annual Amount 5268
Electric Expense 6000
Fuel Expense 0
Middle/Junior High School Forks Mid
Property Condition Very Good
Public Remarks 25 units in the heart of Forks Washington in very good condition.17 residential units(12 1 bedroom 1 bath 7 2 bedroom 1 1 3bedroom 2 bath) and 8 commercial units. In the heart ofThe Olympic Mountain
Leasable Area 20371
Structure Type Multi Family
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Amenities Coin Op Laundry
Water Company City of Forks
Units Below Grade false
Units In Building Total 28
Zoning Class Commercial Multi-Family Office Residential
Water Sewer Garbage 13824
Property Style 56 - 10+ Units
Cap Rate 7
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Interior
Flooring Laminate
Total Fireplaces 0
Total Stories 2
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Bedrooms Possible 0
Power Production Type Electric
Baths Three Quarter Upper 0
Bedrooms Upper 0
Baths Half Upper 0
Baths Full Upper 0
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Exterior
Lot Features Paved Sidewalk
Water Source Public
Total Parking 30
Foundation Details Poured Concrete
Building Area Total 20371
Street Suffix Avenue
Lot Size Acres 0.6536
Covered Spaces 0
Open Parking Y/N Y
Irrigation Water Rights Y/N N
Parking Uncovered Spaces 30
Lot Number 3-7
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Internal Only
OriginalMLSID NWM2176874
Street Number 1 120
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* Excluded Features
List By
William John Bickel

Listing Agent

Champions Real Estate

Broker

Affordability Calculator

$12,901
Per Month
97%
3%
0%
Monthly Principal & Interest
$12,462
Monthly Property Taxes
$439
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
258620 Elementary School
258542 Middle School
Forks High High School
Pricing History
DatePricePrice ChangeDescription
1/12/2024$1,875,000 -6.25% Price Down
11/4/2023$2,000,000 Listed Price

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120 S Forks Avenue, Forks, WA, 98331 is a Multi-Family Home for sale at $1,875,000 with 20,371 sqft and a lot size of 0.6536. 120 S Forks Avenue is a studio with 0.0 baths and was built in 1968. The property's zip code is 98331 which is in Forks, WA