$1,350,000

9 Beds 10 Baths 3,298 SQFT 0.78 Acres

Type: Multi-Family

57 Katalpa Lane
Manson, WA 98831

MLS#: 2566478

Presented by: Windermere RE/Lk Chelan Midtwn and NWMLS

Property Description

Exceptionally well maintained investment property featuring a 4 plex plus an additional one bedroom standalone loft apartment. above a spacious two-car garage/shop. Perfectly positioned to capture breathtaking 180-degree views of Lake Chelan and Wapato Point, this property offers an outstanding combination of location, quality and income potential. Every unit has been renovated within the past 4 years and is complimented by a newer roof and updated HVAC systems, providing peace of mind for years to come. Each fourplex apartment features its own fireplace, large covered deck with panoramic lake views and a dedicated 2 space carport,creating an attractive living environment for tenants. Located just minutes from downtown Manson, residents enjoy convenient access to restaurants, shopping, wineries, community parks, boat launches, and public swimming areas. Whether you're seeking a premium income -producing property or a long tern investment in the heart of the Lake Chelan Valley, this exceptional offering is a rare opportunity.

Interior Features

Bedrooms

Bedrooms Upper0

Bathrooms

Baths Full Upper0

Baths Half Upper0

Baths Three Quarter Upper0

Other Interior Features

Air Conditioning Y/NYes

Fireplace Y/NNo

FlooringLaminate

Heating Y/NYes

Power Production TypeElectric

Total Fireplaces0

Total Stories2

General

AmenitiesBasement

Building Area Units0 sqft

Building NameHighline #3

Cap Rate0.06

Carport Spaces8

Carport Y/NNo

CityManson

CoolingDuctless, Heat Pump

CountyChelan

DirectionsFrom Manson turn north onto Green Ave to Katalpa Ln. Turn right, units at end of dead end driveway.

Electric Expense0

Elementary SchoolManson Elem

Fuel Expense0

Garage Spaces2

HOANo

HOA Fee$0

HeatingHeat Pump

High SchoolManson Jnr Snr High

High School DistrictManson

Insurance Expense6310

Leasable Area6,600 sqft

Listing TermsCash, Conventional

Living Area0 sqft

Lot Size Square Feet33,977 sqft

Lot Size UnitsSquare Feet

MLS Area961 - Lake Chelan

Middle/Junior High SchoolManson Jnr Snr High

NWM_ShowMapLinkY

Net Operating Income86043

New ConstructionNo

Number Of Units Total6

PossessionSubject To Tenant Rights

Property ConditionUpdated/Remodeled

Property Style55 - 5-9 Units

Property SubtypeMulti Family

Property TypeResidential Income

Public RemarksExceptionally well maintained investment property featuring a 4 plex plus an additional one bedroom standalone loft apartment. above a spacious two-car garage/shop. Perfectly positioned to capture br

RoofComposition

Senior Community Y/NNo

SewerSewer Connected

Special Listing ConditionsNone

Standard StatusActive

StatusActive

Structure TypeMulti Family

Subdivision NameManson

Tax Annual Amount$6,776

Tax Year2026

Units Below Gradefalse

Units In Building Total5

ViewCity, Lake, Mountains

Water CompanyLCRD

Water Sewer Garbage3456

Year Built1997

Exterior

Building Area Total3,298 sqft

Covered Spaces10

Exterior AmenitiesWood Products

Foundation DetailsPoured Concrete

Irrigation Water Rights Y/NNo

Lot FeaturesDead End Street, Paved

Lot Number104

Lot Size Acres0.78

Parking Uncovered Total1

Site FeaturesShop

Total Parking11

Waterfront Y/NNo

Additional Details

Price History

Schools

Elementary School Manson Elem

Middle School Manson Jnr Snr High

Similar Properties

$1,350,000

9 Beds 10 Baths 3,298 SQFT 0.78 Acres

Type: Multi-Family

57 Katalpa Lane
Manson, WA 98831

MLS#: 2566478

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Property

$1,350,000

57 Katalpa LaneManson, WA 98831

Property Description

Interior Features

Bedrooms

Bathrooms

Other Interior Features

General

Exterior

Additional Details

Price History

Schools

Similar Properties

$1,350,000

57 Katalpa LaneManson, WA 98831

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57 Katalpa Lane
Manson, WA 98831

57 Katalpa Lane
Manson, WA 98831