Well maintained buildings, (three four-plexes) which seller states has 99% occupancy.  All 3 bedroom units with 1 bath and washer-dryer htook-ups. 

Centrally located, near schools, bus line and retail.  Cap rate is 4%.  Priced at $1,250,000. Rental market in Port Townsend is hot!  Property availability is limited and rents are going up.  Reliable property management is available through  my office at John L Scott R.E.  For more information on this or any other real estate please contact me at: http://porttownsendrealestatesearch.net/

 

 

Multi family buildings on 19th Street in Port Townsend

 

 

Port Townsend, WA Real Estate Market
04/22/2013
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Activity from Buyers seems to have increased significantly, but prices have not changed much. We are a bit behind the Seattle and Portland markets, so they should increase soon, as we are already seeing a drop in inventory. This shows Feb… more
Out of the Ordinary
04/09/2013
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I fell in love with this home recently and want to share it with you. It is one of a kind and worth checking out. Located on Marrowstone Island, near Port Townsend, Port Ludlow and the Hood Canal Bridge. This home offers tranquility, peace and… more
Victorian Home on Morgan Hill in Port Townsend, WA
03/19/2013
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Beautifully restored with thoughtful attention to detail, this historic 1890 home overlooks the Straits of Juan de Fuca and San Juan Islands. Some of it's best features are the large open rooms, dining room with fireplace, udpated kitchen with all… more
Dream Buyer
02/27/2013
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It has to happen once in a while, right? I just closed a very satisfying transaction with a first time buyer who was delightful to work with. He was buying his first home at the age of 22, had all his ducks in a row when he walked in my office… more
Real Estate Update/ Pacific Northwest
07/31/2012
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Last week I attended a regional area meeting at the Port Ludlow Resort of John L Scott brokers with Lennox Scott, grandson of the founder of the John L Scott Real Estate Company. Lennox is a dynamic leader and a good speaker, full of knowledge,… more
Port Townsend Habitat For Humanity
07/16/2012
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Port Townsend's chapter is busy at work here in Port Townsend, building it's most recent home projects for their fortunate recipients. I stopped by there building site last week and spoke with one of their paid employees. There appeared to be… more
Aldrich's Condominium in Port Townsend
06/02/2012
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Enjoy easy living with incredible views of Port Townsend Bay, Cascade Mountains, and village life from this historical building in Uptown Port Townsend. Located above Aldrich's Market, surrounded by quaint shops, restaurants, theater, and parks,… more
Port Townsend Exceptional Business/ Gary's Auto Repair
05/30/2012
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Gary's Auto Repair is a wonderful auto repair business that you would never find without some help. Located on a gravel winding road, about 10 minutes south of Port Townsend, in a mixed residential/business area. You drive by ponds, horses, chickens… more
Port Townsend Area Association of Reators
05/29/2012
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Jefferson County Association of Realtors is an amazing one woman operation that takes care of our supplies, as well as our listing and preview needs. Located between Port Townsend and Port Ludlow in the Shold Business Park near the WSU extension… more