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(509) 255-8072
Nick McLean Real Estate Group
1061 N Alvin Court, East Wenatchee, WA 98802
Listing Broker: CB Cascade - Lake Chelan; Marge Bearman; ; Selling Office: eXp Realty.
- $677,500
- 2,480
- SqFt
- Sold Price
- $677,500
- List Price
- $685,000
- Status
- SOLD
- MLS#
- 2185192
- Closing Date
- Feb 02, 2024
- Style
- 52 - Duplex
- Building Condition
- Good
- Finished SqFt
- 2,480
- Area Total SqFt
- 2480
- Annual Tax Ammount
- 5039.58
- Internet Provider
- LocalTel
- Lot Size (sq ft)
- 9,148
- Sewer
- Sewer Connected
Property Description
Well maintained building. Built in 2007. One unit on 1 year lease. One unit month to month with long term tenant. Unit A refurbished one year ago with new carpets and planked vinyl flooring, new stove, newer washer and dryer, painted all interior walls and ceilings, some new fixtures. Both units front doors replace year ago. Great tenants who pay on time.
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Additional Information
- Community
- East Wenatchee
- Net Operating Income
- $31,660
- Gross Adjusted Income
- $40,800
- Gross Scheduled Income
- $40,800
- Total Monthly Income
- $3,400
- Insurance Expenses
- $1,200
- Water/Sewer/Garbage Expenses
- $2,900
- Gross Rent Multiplier
- 6
- Total Expenses
- $9,139
- Cap Rate
- 6
- Total Number of Units
- 2
- Unit Name
- 1061
- Potential Terms
- Cash Out, Conventional
- Year Built
- 2007
- View
- Territorial
- Roof
- Composition
- Energy Source
- Electric
- School District
- Eastmont
- Elementary School
- Lee Elementary
- Middle School
- Sterling K-7
- High School
- Eastmont Snr High
- Total Monthly Income
- $3,400
- Gross Scheduled Income
- $40,800
- Gross Adjusted Income
- $40,800
- Tax Year
- 2023
- Insurance Expense
- $1,200
- W/S/G Expenses
- $2,900
- Total Expenses
- $9,139
- Net Operating Income
- $31,660
- Gross Rent Multiplier
- 6
- Cap Rate
- 6
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.