Great investment Opportunity! Fully leased 4-unit apartment complex with room to raise rents! Property Taxes $1,800, Utilities $2,100, Insurance $804, Gross rent $2,835/m, Potentially increased to $3,300/m. Net yearly income based on market rate rent increase after taxes, utilities, and insurance is $34,896 . The property recently underwent renovations with new 6ft wood privacy fences separating lawns, new concrete poured patios, new gravel in parking area, new roof, and a fresh exterior paint! Great tenants, all of whom have been there over two years, no outstanding rents due! Currently managed by Wilson Real Estate Management.
Sold for $400,000 on 10/11/24
$400,000
12 W Washington Ave, Yakima, WA 98903
4beds
4baths
1,980sqft
Quadruplex, Multi Family
Built in 1940
-- sqft lot
$-- Zestimate®
$202/sqft
$1,911 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: October 16, 2024 at 04:45am
Listed by:
Paul Fredson 360-490-5143,
Wilson Real Estate Management LLC
Bought with:
Erick Jovanny Mendoza Chavez, 21027962
Berkshire Hathaway HomeServices Central Washington Real Estate
Source: YARMLS,MLS#: 24-2243
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
Heating
- Baseboard, Electric, Natural Gas
Appliances
- Included: Ranges(4), Refrigerators(4)
Interior area
- Total structure area: 1,980
- Total interior livable area: 1,980 sqft
Property
Parking
- Total spaces: 16
Lot
- Size: 0.25 Acres
Details
- Parcel number: 19133142002
- Zoning: R2
- Zoning description: 2 Fam Res
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex, Multi Family
Materials
- Wood Siding, Frame
- Roof: Composition
Condition
- Year built: 1940
Utilities & green energy
- Water: Public
- Utilities for property: Sewer Connected
Community & neighborhood
Location
- Region: Yakima
HOA & financial
Other financial information
- Total actual rent: 2835
Other
Other facts
- Listing terms: Cash,Conventional,FHA,VA Loan