$1,200,000
Yakima, WA 98902
MLS# 22-2550
Status: Closed
3548 sqft
1 / 14
Property Description
FOR SALE – VALUE ADD OPPORTUNITY in a market with less than 2% vacancy! This complex consists of 14 units (in two buildings on one parcel), 8 of which have been remodeled, a few that are gutted and need to be finished (some of the materials to finish are included in the sale) and the rest that still need to be updated. Currently only 4 units are occupied which provides a new owner a great opportunity to get the units up to market rents. The first building consists of four 3 bedroom- 1 bath unit with laundry hookup in each unit. The second building consists five studios and 5 one bedroom units. All units come with 1 space of covered parking.
Details
Maps
Documents
Contract Information
Current Price: $1,200,000
MLS Service Begin Date: 2022-10-04
Status: Closed
Sold Price: $1,200,000
List Pr Description: Total List Price
Sub Type: Commercial Property
Seller Disclosure: Yes
General Property Description
Year Built: 1980
Total Apx SF: 3548
Lot Front Ft Approx: 140
Lot Depth Ft Approx: 104
Total Approx Lot SF: 14505
Total Space Avail SF: 3548
List Price Per SqFt: 394.59
Acreage M/L: 0.33
Realtor.COM Type: Commercial
Sale/Lease: For Sale
Location, Tax & Legal
Area (with SubArea): 2A - Btwn N 1st/16th
House Number: 1307
Street Name: Folsom
Street Suffix: Ave
State/Province: WA
Zip Code: 98902
Status Change Info
Sold Date: 2023-04-17
Under Contract Date: 2023-01-18
Status Change Date: 2023-04-18
Sold Price: $1,200,000
Sold Pr Description: Total Sold Price
Financing: OTHER
Property Features
Air Conditioning: Wall
Basement: None
Construction Style: Frame
Domestic Water: Public Water
Floor Coverings: Carpets; Vinyl
Foundation: Concrete
Heat: Electric
Lockbox: Agent Remarks
Lot Features: Irregular; Paved Road
Lot Size: .26 - .50 Acres
Roof: Agent Remrks
Sewage System: Connected
Siding: Wood
Sq Ft Source: County Assessor
Terms: Cash; Conventional
Possession: Close Of Escrow
Zoning: R3 - Multi Fam Res
Legal Description 
Listing Office: Keller Williams Yakima Valley
Last Updated: September - 07 - 2024
Property profiling information contained herein is believed to be accurate, but may contain approximations or estimates where appropriate. The information contained herein is not guaranteed. This information is provided for the sole use and benefit of those authorized to access Yakima Association of Realtors® ('YAR') Multiple Listing Service ('MLS') information, and may not be reproducerepresened to third parties as information produced, warranted, or represented by YAR or MLS to be guaranteed.