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Listing Details

Status
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On Site
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MLS #
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Neighborhood
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Type
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Built
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County
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Area
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School Information

Elementary School
Middle School
High School
School District
Listing Courtesy of The Paragon Group.

Description

4 2bed/1.5bath, 1 studio, 4 RV pads all hooked to public utilities! AMAZING INVESTMENT OPPORTUNITY!!! A true 4-plex with steady rent streams in these 2 bed, 1.5 bath 1200 sq. ft. units. These units live like townhomes with upstairs bedrooms, full bathroom, and downstairs living, kitchen, and dining. Well maintained and renovated upon unit turns with very low maintenance. Built in 1992, this modern building will continue to see increased rents which are currently below market by $100/month on each unit! One additional studio apartment and Four RV storage pads add the income producing potential of this property. There is also a coin operated laundry room for additional income and cash flow. Excellent location in a fast growing rental market.

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The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Front Street Realty are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2021-08-05T12:15:14.35.

www.frontstreetrealty.com/homes/116440927
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332 Terminal Avenue Wenatchee, WA 98801

  • Price: $649,900
  • Status: Pending Feasibility
  • Updated: 57 min ago
  • ID#: 1759377
0
Beds
0
Baths
0
½ Baths
0.26
Acres
1992
Built
Neighborhood:
Wenatchee
County:
Chelan
Area:
Wenatchee
Elementary School:
Buyer To Verify
Middle School:
Buyer To Verify
High School:
Buyer To Verify
School District:
Wenatchee
Property Description
4 2bed/1.5bath, 1 studio, 4 RV pads all hooked to public utilities! AMAZING INVESTMENT OPPORTUNITY!!! A true 4-plex with steady rent streams in these 2 bed, 1.5 bath 1200 sq. ft. units. These units live like townhomes with upstairs bedrooms, full bathroom, and downstairs living, kitchen, and dining. Well maintained and renovated upon unit turns with very low maintenance. Built in 1992, this modern building will continue to see increased rents which are currently below market by $100/month on each unit! One additional studio apartment and Four RV storage pads add the income producing potential of this property. There is also a coin operated laundry room for additional income and cash flow. Excellent location in a fast growing rental market.
Exterior Features

Carport Spaces 0 Carport YN No Covered Spaces 0 Exterior Features WoodWood Products Lot Features CurbsPavedSidewalk Open Parking Spaces 10 Open Parking YN Yes Parking Features Rv Parking Parking Total 10 Parking Uncovered Spaces 10 Roof Composition Structure Type Multi Family Style Code 55 - 5-9 Units View YN Yes Waterfront YN No

Interior Features

Fireplace YN No Flooring VinylCarpet Foundation Details Poured ConcreteSlab Furnished Unfurnished Heating Cooling Type BaseboardWall Heating YN Yes

Property Features

Building Name Loudenbacks Electric Expense 1215 Electric On Property YN False Fuel Expense 0 Gross Scheduled Income 77180 Insurance Expense 1257 Irrigation Water Rights YN No Leased Items None Listing Terms Cash OutConventional Lot Number 4|5 Net Operating Income 39360 New Construction YN No Possible Use Multi-Family Power Production Type Electric Property Condition Good Property Sub Type Multi-Family Sewer Sewer Connected Site Features Cable TvFenced-PartiallyRv Parking Special Listing Conditions None Tax Annual Amount 5013 Tax Year 2021 Total Expenses 23921 Units In Building Total 9 Utilities Cable ConnectedSewer ConnectedElectricity Available Water Sewer Garbage 9715 Water Source Public Zoning Class Multi-Family Zoning Jurisdiction City

Listing information © 2021 Northwest Multiple Listing Service. Information is based on data available to the associate, including county records. The information contained in this listing has not been verified by Front Street Realty and should be verified by the buyer.


The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Front Street Realty are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2021-08-05T12:15:14.35.

 
https://bt-photos.global.ssl.fastly.net/nwmls/orig_boomver_1_1759377-1.jpg https://bt-photos.global.ssl.fastly.net/nwmls/orig_boomver_1_1759377-1.jpg https://bt-photos.global.ssl.fastly.net/nwmls/orig_boomver_1_1759377-1.jpg
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Front Street Realty
22 NW Front Street Suite B
Coupeville WA, 98239
Listing Courtesy of The Paragon Group.