Provided by NWMLS, Listed by Northmarq Commercial, LLC

Pending

142 - 284 Arcadia Terrace

Port Townsend WA, 98368

$6,250,000


$260.42 per sqft

Pending

24,000 sqft

Multi-family

Built in 1997

Northmarq is proud to present the Salish Gardens for sale. Renovated two bed/one bath units with garage and in unit laundry. 6.63% Cap Rate in Place. It is comprised of 12 duplex buildings, each with their own tax parcel number. The units boast a partially fenced back yard with a greenbelt backdrop, cement patio, and attached spacious garage. The freshly renovated, spacious interiors include new kitchen cabinets, quartz CT, stainless steel appliances, side by side WDs in a laundry room, flooring, doors, mill work, lighting, and more. Salish Gardens is located in an area with a stabilized vacancy rate that is below the submarket pre-pandemic average, and has seen significant rent growth along with a surge in investor interest.

2173044

MLS ID

October 16, 2023

Listed

April 30, 2024

Updated

Map

142 - 284 Arcadia Terrace
Port Townsend WA, 98368

Interior Features

Total Stories

1


Interior Features

Laminate Hardwood, Wall to Wall Carpet


Floor Description

Laminate, Vinyl, Vinyl Plank, Carpet


Fireplace

No


Cooling

Yes


Cooling Description

Forced Air


Heating

Yes


Heating Description

Forced Air

Exterior/Building Features

Lot Size

4.25 Acres


Exterior Features

Wood


Lot Features

Dead End Street, Open Space, Paved


Roof

Composition


Sewer

Septic Tank

School Information

School District

Port Townsend #50

Other Property Details

Area Name

482 - South Port Townsend


Taxes

$27,959


Tax Frequency

Annually


Days on Market

130


Garage

No


Parking Total

38


View

No


County

Jefferson


Pool

No


Buyer Agency Compensation

1.5%

Listing History

Date

Event

Price

2/23/2024

Pending

The IDX display contains information sourced from the Northwest Multiple Listing Service as of 5/3/2024. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

©2024 Northwest Multiple Listing Service all rights reserved.

Data last updated on 5/3/2024 at 1:00 AM UTC 

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