1532 W Sims Way

Port Townsend, WA 98368

  • Bed

  • Bath

  • 0 SqFt

  • 619 DOM

  • Built: 1948

  • Status: Active

$1,750,000

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1532 W Sims Way

Port Townsend 98368

$1750000

  • Bed

  • Bath

  • 0 SqFt

  • 619 DOM

  • Built: 1948

  • Status: Active

Krishna Regupathy

Principal Broker

(503) 893-8874

The building is a mix of commercial on the first floor and 7 residential apartments on the second floor. It is 100% occupied w/leases for every tenant. Building has a 17yr history of full occupancy. The commercial tenant is a very popular recycle salvage business. The 7 apartments- 2 studio, 4- 1 bedroom and 1- 2 bedroom are updated w/a modern theme. Apartments have 3 walk-in showers, up to date plumbing - faucets and shower valves, updated electrical- baseboard heaters, water heaters & lighting. Residential tenants are presently paying below market rate. Building has an excellent location for residential living, bars, restaurants and grocery store are all within a short distance. Full RV hookup- water, sewer & electric is in the rear lot.

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