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(509) 255-8072
Nick McLean Real Estate Group
939 N Baker Street, East Wenatchee, WA 98802
- $850,000
- 4,284
- SqFt
Listing Broker: Platinum Property Management; Sandy L. Petitt; ; Selling Office: COMPASS.
- Sold Price
- $850,000
- List Price
- $850,000
- Status
- SOLD
- MLS#
- 2206717
- Closing Date
- Apr 03, 2024
- Style
- 54 - 4-Plex
- Building Condition
- Good
- Finished SqFt
- 4,284
- Area Total SqFt
- 4284
- Annual Tax Ammount
- 5394
- Lot Size (sq ft)
- 10,000
- Sewer
- Sewer Connected
Property Description
Desirable 4-plex located close to schools, shopping, and bus lines, in the heart of East Wenatchee. Spacious floor plans with city and mountain views. Each unit comes with one covered parking area. Rental rates are well under current market value due to the longevity of tenants (market rent $6,670 per month). Great investment opportunity. 24-hour notice is required to show. Owner financing available!
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Additional Information
- Community
- East Wenatchee
- Net Operating Income
- $29,102
- Gross Adjusted Income
- $45,901
- Gross Scheduled Income
- $45,901
- Total Monthly Income
- $3,825
- Insurance Expenses
- $2,595
- Water/Sewer/Garbage Expenses
- $4,317
- Gross Rent Multiplier
- 18.51
- Total Expenses
- $16,799
- Cap Rate
- 3.34
- Total Number of Units
- 4
- Unit Name
- 939
- Potential Terms
- Cash Out, Conventional, Owner Financing, See Remarks
- Year Built
- 1977
- View
- City, Mountain(s), Territorial
- Roof
- Composition
- Electric Expenses
- 237
- Other Expenses
- 4256
- Energy Source
- Electric
- School District
- Eastmont
- Elementary School
- Buyer To Verify
- Middle School
- Buyer To Verify
- High School
- Buyer To Verify
- Total Monthly Income
- $3,825
- Gross Scheduled Income
- $45,901
- Gross Adjusted Income
- $45,901
- Tax Year
- 2024
- Insurance Expense
- $2,595
- W/S/G Expenses
- $4,317
- Total Expenses
- $16,799
- Net Operating Income
- $29,102
- Gross Rent Multiplier
- 18.51
- Cap Rate
- 3.34
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.