$480,000
Yakima, WA 98901
MLS# 20-167
Status: Closed
5063 sqft

1 / 11
Property Description
This professionally managed 12 unit apartment complex is spread across two buildings on one parcel. This is a great income producing property which includes a combination of one-bedroom units and studio apartments and 12 assigned parking spaces, plus additional on-street parking. A few units have been updated when renters turned over. 9 of 12 units have been rehabbed within the past 2 years. The property is currently 92% occupied (11 of 12). Current Gross Monthly Rental Income is $5,305/mo. when fully rented. See attached documents for property flyer with additional info.
Details
Maps
Documents
Contract Information
Current Price: $480,000
MLS Service Begin Date: 2020-01-27
Status: Closed
Sold Price: $480,000
Sub Type: Apartment
Seller Disclosure: Yes
General Property Description
# Units: 12
Gross Mo Income: 5305
Year Built: 1950
Garage Capacity: None
Acreage M/L: 0.31
Lot Front Ft Approx: 100
Lot Depth Ft Approx: 135
Total Apx SF: 5063
Realtor.COM Type: Multi-Family
Location, Tax & Legal
Area (with SubArea): 1B - SE Yakima
House Number: 210
Street Dir: S
Street Name: Naches
Street Suffix: Ave
State/Province: WA
Zip Code: 98901
Status Change Info
Sold Date: 2020-02-14
Under Contract Date: 2020-02-03
Status Change Date: 2020-02-14
Sold Price: $480,000
Financing: CASH
Unit Information
Annual Electricity$: 1440
Annual Water$: 4440
Who Pays Water: L
Annual Insurance$: 1764
Who Pays Insurance: L
Annual Sewer/Garb$: 1123
Who Pays Garbage: L
# Ranges: 12
# Refrig: 12
# AC: 12
Unit A
Unit A # Units: 7
Unit A #BR: 7
Unit A # BA: 7
Unit B
Unit B # Units: 5
Unit B # BR: 5
Unit B # BA: 5
Property Features
Construction Style: Block; Frame
Domestic Water: Public Water
Heat: Electric; Wall
Lockbox: None; Agent Remarks
Roof: Composition
Sewage System: Connected
Siding: Wood
Terms: Cash; Conventional; Commercial
Sq Ft Source: County Assessor
Zoning: R3 - Multi Fam Res
Listing Office: John L Scott Yakima
Last Updated: September - 05 - 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.
Legal Description