$599,000
201 N Naches Ave
Yakima, WA 98901
MLS# 24-974
Status: Closed
4854 sqft


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Property Description
Welcome to urban living with this 11-unit apartment complex, strategically positioned steps away from the renowned Single Hill Brewery and The Seasons performance venue.This prime location offers cultural experiences right at your doorstep. Whether it's sampling craft brews or enjoying live music, residents will relish the convenience and excitement of downtown living.Featuring 10 1-bedroom, 1-bathroom units and one 2-bedroom, 1-bathroom unit, this complex offers a variety of living arrangements to suit diverse tenant preferences.The property boasts a storage building with 720 SF, and a dedicated laundry room, enhancing tenant convenience and maximizing rental appeal. With 10 units already leased, this investment promises immediate income generation and long-term growth potential.Don't miss this opportunity to capitalize on the thriving rental market in downtown Yakima. Seize your chance to own a piece of this dynamic community and start reaping the rewards of urban real estate investment today!

Details
Maps
Documents
Contract Information
Current Price: $599,000
MLS Service Begin Date: 2024-05-07
Status: Closed
Sold Price: $599,000
Excluded Items: Coin-op washer/Dryers
Sub Type: Apartment
Seller Disclosure: Yes
General Property Description
# Units: 11
Gross Mo Income: 6438
Year Built: 1968
Garage Capacity: None
Acreage M/L: 0.34
Total Apx SF: 4854
Realtor.COM Type: Multi-Family
Location, Tax & Legal
Area (with SubArea): 1A - NE Yakima
House Number: 201
Street Dir: N
Street Name: Naches
Street Suffix: Ave
State/Province: WA
Zip Code: 98901
Status Change Info
Sold Date: 2024-07-24
Under Contract Date: 2024-05-18
Status Change Date: 2024-07-24
Sold Price: $599,000
Financing: OTHER
Unit A
Unit A # Units: 10
Unit A #BR: 1
Unit A # BA: 1
Unit B
Unit B # Units: 1
Unit B # BR: 2
Property Features
Construction Style: Frame
Domestic Water: Public Water
Heat: Electric; Forced Air
Lockbox: None; Agent Remarks
Rental Amenities: Laundry; Storage
Roof: Composition
Sewage System: Connected
Siding: Wood
Terms: Cash; Commercial
Possession: Close Of Escrow; Subject To Tenant Rights
Sq Ft Source: County Assessor
Zoning: R3 - Multi Fam Res

IDX
Listing Office: eXp Realty LLC Kennewick

Last Updated: November - 02 - 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.