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702 N 2nd St

Yakima, WA 98901
  • $1,049,000
  • STATUS: Active
  • ON SITE: 61 Days
  • MLS #: 22-2593
UPDATED: 144 min ago
$1,049,000
  • 0
    BEDS
  • 0.19
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 4,592
    SQFT
  • $228
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1973

School Ratings & Info

School District:

Description

Great multi-family investment opportunity! Nice apartment building with 10 1-bedroom units, five on each level. Units are in good condition. Building has new exterior paint & new roof in 2017. Shared laundry room. All units are on separate meters & there are parking spaces for all units. Landlord pays electricity just for common areas & laundry room. Tenants pay their own electric.Park your money in this investment & let it appreciate. Vacancy rates are less than 1%. Good location close to retail & commercial areas. CAP RATE: 6.17%Water/sewer/garbage are in water category. Total rents are: $7550/mo.

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© 2022 Yakima Multiple Listing Service, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Yakima MLS© IDX Program. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Joanne Melton Real Estate Team | Keller Williams Yakima Valley. Data last updated: 2022-12-08T23:48:41.2.
www.yakimavalleyliving.com/homes/133791232
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702 N 2nd St Yakima, WA 98901

  • Price: $1,049,000
  • Status: Active
  • On Site: 61 Days
  • Updated: 144 min ago
  • MLS #: 22-2593
0
Beds
0
Baths
0
½ Baths
0.19
Acres
4,592
SQFT
$228
$/SQFT
1973
Built
Neighborhood:
2A - Btwn N 1St/16Th
Area:
2A - Btwn N 1St/16Th
School District:
Yakima
Property Description
Great multi-family investment opportunity! Nice apartment building with 10 1-bedroom units, five on each level. Units are in good condition. Building has new exterior paint & new roof in 2017. Shared laundry room. All units are on separate meters & there are parking spaces for all units. Landlord pays electricity just for common areas & laundry room. Tenants pay their own electric.Park your money in this investment & let it appreciate. Vacancy rates are less than 1%. Good location close to retail & commercial areas. CAP RATE: 6.17%Water/sewer/garbage are in water category. Total rents are: $7550/mo.
Exterior Features

Construction Frame Garage Capacity None Parking Spaces 10 Roof Composition Siding Wood

Interior Features

Bathrooms Unit A 1.00 Bathrooms Unit B 1.00 Bathrooms Unit C 1.00 Bathrooms Unit D 1.00 Bedrooms Unit A 1 Bedrooms Unit B 1 Bedrooms Unit C 1 Bedrooms Unit D 1 Heating BaseboardWall Number Of Ranges 10 Number Of Refrig 10 Sq Ft Unit A 459 Sq Ft Unit B 459 Sq Ft Unit C 459

Property Features

Gross Monthly Income 7550.00 Multifamily Subtype Apartment Rent Unit A 775.00 Rent Unit B 775.00 Rent Unit C 725.00 Rent Unit D 775.00 Rental Amenities Laundry Sewage System Connected Sq Ft Source County Assessor Sq Ft Unit D 459 Tax Designation None Tax Year 2022 Taxes 4479.00 Terms CashConventionalFhaVa Water Public Water Who Pays Electricity Tenant Who Pays Fuel Tenant Who Pays Garbage Landlord Who Pays Insurance Landlord Who Pays Misc Landlord Who Pays Water Landlord Zoning R3 - Multi Fam Res

Listing provided courtesy of Janet Lee of Windermere Professional Partners: (253) 677-9232.


© 2022 Yakima Multiple Listing Service, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Yakima MLS© IDX Program. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Joanne Melton Real Estate Team | Keller Williams Yakima Valley. Data last updated: 2022-12-08T23:48:41.2.
 
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Joanne Melton Real Estate Team | Keller Williams Yakima Valley
1017 S 40th Avenue
Yakima WA, 98908