618 12th Street NE, East Wenatchee, WA 98802

Listing Broker: BHHS Leavenworth&Cascade Prop; Lynn Stoddard; ; Selling Office: The Preview Group.

$655,000
3,024
SqFt

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Sold Price
$655,000
List Price
$599,000
Status
SOLD
MLS#
2260284
Closing Date
Aug 08, 2024
Style
52 - Duplex
Finished SqFt
3,024
Area Total SqFt
3024
Annual Tax Ammount
5249
Lot Size (sq ft)
10,454
Sewer
Sewer Connected

Property Description

Attention first-time investors! This lovingly maintained duplex offers two spacious 1,500+ sq. ft three-bedroom, two-bathroom units conveniently located close to parks, schools, and East Wenatchee amenities. These thoughtful, split-level floor plans provide soaring vaulted living rooms, sunny kitchen/dining areas with adjacent sundecks, two main-level bedrooms with a shared bath, and a lower-level family room with a third private bedroom and full bath housed downstairs. Each unit includes a single-car garage, easy-care landscaping, and ample off-street parking. Live in one unit and rent the other…build your rental portfolio today!

Additional Information

Community
East Wenatchee
Net Operating Income
$3,204
Gross Adjusted Income
$4,406
Gross Scheduled Income
$235,000
Total Monthly Income
$4,600
Insurance Expenses
$4,076
Water/Sewer/Garbage Expenses
$3,598
Gross Rent Multiplier
2
Total Expenses
$14,431
Cap Rate
0.78
Vacancy Rate
625
Total Number of Units
3
Unit Name
618
Potential Terms
Cash Out, Conventional
Year Built
1985
View
Territorial
Roof
Composition
Site Features
Deck, Fenced-Partially
Electric Expenses
1508
Energy Source
Electric
School District
Eastmont
Elementary School
Buyer To Verify
Middle School
Buyer To Verify
High School
Buyer To Verify
Total Monthly Income
$4,600
Gross Scheduled Income
$235,000
Vacancy Rate
625
Gross Adjusted Income
$4,406
Tax Year
2024
Insurance Expense
$4,076
W/S/G Expenses
$3,598
Total Expenses
$14,431
Net Operating Income
$3,204
Gross Rent Multiplier
2
Cap Rate
0.78
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.
IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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