904 Juniper Avenue, Ellensburg, WA 98926

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Listing Broker: Accolade Properties; Sarah Laidler; ; Selling Office: RE/MAX Elite.

Sold Price
$700,000
List Price
$730,000
Status
SOLD
MLS#
2225450
Closing Date
Aug 26, 2024
Style
54 - 4-Plex
Building Condition
Good
Finished SqFt
3,304
Area Total SqFt
3304
Annual Tax Ammount
5332
Lot Size (sq ft)
7,049
Sewer
Sewer Connected

Property Description

Presenting a well-maintained 4-plex offering not just a place to live, but a smart investment in Central Washington's bustling real estate market. With campus facilities, dining options, and public transport just moments away, tenants enjoy easy access to everything they need. Demand for housing near the university ensures low vacancy rates. Enjoy consistent occupancy, minimizing income disruptions and maximizing returns.

Additional Information

Community
18th/Ellensburg
Net Operating Income
$42,516
Gross Adjusted Income
$55,000
Gross Scheduled Income
$55,250
Total Monthly Income
$4,850
Insurance Expenses
$2,232
Water/Sewer/Garbage Expenses
$5,040
Gross Rent Multiplier
13.21
Total Expenses
$12,734
Cap Rate
5.82
Vacancy Rate
2
Total Number of Units
4
Unit Name
904
Potential Terms
Conventional
Year Built
1995
Roof
Composition
Electric Expenses
50
Other Expenses
80
Energy Source
Electric
School District
Ellensburg
Elementary School
Buyer To Verify
Middle School
Morgan Mid
High School
Ellensburg High
Total Monthly Income
$4,850
Gross Scheduled Income
$55,250
Vacancy Rate
2
Gross Adjusted Income
$55,000
Tax Year
2024
Insurance Expense
$2,232
W/S/G Expenses
$5,040
Total Expenses
$12,734
Net Operating Income
$42,516
Gross Rent Multiplier
13.21
Cap Rate
5.82
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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