Joe Dobson - Coldwell Banker Schneidmiller Commercial
623 E Lake
Medical Lake, WA 99022

Description

Such an opportunity to own a part of history and make money too. Consisting of 12 rental units with an annual income of over $80,000 this property is a registered historical property with associated tax benefits. In 2013 the owner invested $200,000 in restoration done to State of Washington historical standards. Property can remain rentals, convert to a bed & breakfast or even back to residence. Built in 1900 by Medical Lakes first Mayor Stanley Hallett, (named Hallett's Castle). See Agent Remarks

Details

MLS#201826989
Sub-TypeResale
StatusActive
Year1900
Days On Site12

Features

Units12
Building(s)1

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Area Information

StateWA
CountySpokane
CityMedical Lake
Zip Code99022
AreaA420/095
Listing VS Median (in 99022)
Price:
$462,500
low | high
Med:
$169,900
100% of Average
On Site:
12
low | high
Med:
46
26.086956521739% of Average
Listing Updated: 11/17/2018
MLS Number: 201826989
Listing Provided By:
Ben Kruse  of  Coldwell Banker Tomlinson N

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