14 S Tonasket Avenue, Tonasket, WA 98855

$385,000
2,208
SqFt

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Listing courtesy of Nick McLean Real Estate Group. Selling Office: ZNonMember-Office-MLS.

Sold Price
$385,000
List Price
$409,000
Status
SOLD
MLS#
2259652
Closing Date
Oct 15, 2024
Days on Market
56
Style
52 - Duplex
Building Condition
Remodeled
Finished SqFt
2,208
Area Total SqFt
2208
Annual Tax Ammount
2283
Lot Size (sq ft)
6,970
Sewer
Sewer Connected

Property Description

Turnkey fully remodeled home with 2 units. Down to the studs remodel in 2023 boasts new plumbing, new LVP flooring throughout, new light fixtures, ductless mini splits and kitchen with new cabinetry and new stainless appliances. Both upper and lower baths offer new fixtures, new vanities and new tubs with tiled surrounds. Main level unit features spacious living room leading to deck with mountain views, 3 bedrooms and one bath. 2nd unit below offers full kitchen, living room, 2 bedrooms and full bath. Both units have private laundry, private entrances and private parking areas. This unique property offers the opportunity for two rental incomes or enjoy as your main residence while you offset your mortgage with the 2nd unit income.

Additional Information

List Date
2024-08-20 00:00:00
Community
Tonasket
Net Operating Income
$25,705
Gross Adjusted Income
$28,800
Gross Scheduled Income
$700
Total Monthly Income
$2,400
Insurance Expenses
$812
Gross Rent Multiplier
14.5
Total Expenses
$3,095
Cap Rate
6.1
Vacancy Rate
50
Total Number of Units
2
Unit Name
14
Potential Terms
Cash Out, Conventional, FHA
Year Built
1961
View
Mountain(s), Territorial
Roof
Metal
Site Features
Deck, Patio
Energy Source
Electric
School District
Tonasket
Elementary School
Tonasket Elem
Middle School
Tonasket Mid
High School
Tonasket High
Total Monthly Income
$2,400
Gross Scheduled Income
$700
Vacancy Rate
50
Gross Adjusted Income
$28,800
Tax Year
2024
Insurance Expense
$812
Total Expenses
$3,095
Net Operating Income
$25,705
Gross Rent Multiplier
14.5
Cap Rate
6.1
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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