600 Douglas ST, Wenatchee, WA 98801
600 Douglas ST, Wenatchee, WA 98801
600 Douglas ST, Wenatchee, WA 98801
600 Douglas ST, Wenatchee, WA 98801
600 Douglas ST, Wenatchee, WA 98801
600 Douglas ST, Wenatchee, WA 98801
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Dave Anderson

Dave Anderson

+1(206) 605-4267
Listed by:CB Cascade RE - Wenatchee • Paul Harrison
$ 1,100,000
Est. payment | /mo

13 Beds

10 Baths

5,485 SqFt

Save
$ 1,100,000
Est. payment | /mo
Save

13 Beds

10 Baths

5,485 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Pending

Purchase Type For Sale

Square Footage 5,485 sqft

Price per Sqft $200

Subdivision Wenatchee

MLS Listing ID 2475160

Style 55 - 5-9 Units

Bedrooms 13

Year Built 1920

Annual Tax Amount $6,653

Lot Size 9,583 Sqft

Property Sub-Type Multi Family

Property Description

The Financials are strong with this one!! Nine-unit complex in the center of Wenatchee available for purchase. Currently at 100% occupancy and fully leased, this investment property brings in $11,700 in rents per month. Additional income from coin-op laundry too. ***That's a 9.65% NET CAP RATE & 7.84 GROSS RENT MULTIPLIER*** Units consist of four 2 bed/1 bath, three 1 bed/1 bath, two studios and one 3 bed/1 bath apartments. Common area and most units have been recently remodeled. Every unit is separately metered. Additional benefits include garage for on-site storage and large basement where laundry and more storage is located. One of the tenants is an on-site groundskeeper who does upkeep of property and cleans units for new tenants at time of move out. He does all this for slightly reduced rent and would like to continue for the new owners. Huge benefit in this!! Central location gives tenants walking accessibility to healthcare, grocery stores, restaurants and entertainment. Financials and leases available upon request. 48-hour minimum notice for showings. Do not disturb tenants.

Location

State WA

County Chelan

Area 971 - Wenatchee

Interior

Flooring Hardwood, Laminate, Vinyl, Carpet

Fireplace false

Exterior

Exterior Feature Stucco, Wood Products

View Y/N Yes

View Mountains, Territorial

Roof Type Composition,Metal

Building

Lot Description Alley, Corner Lot, Curbs, Paved, Sidewalk

Sewer Sewer Connected

Water Public

New Construction No

Schools

Elementary Schools Buyer To Verify

Middle Schools Buyer To Verify

High Schools Buyer To Verify

School District Wenatchee

Others

Senior Community No

Acceptable Financing Cash, Conventional, VA Loan

Listing Terms Cash, Conventional, VA Loan

Northwest MLS (NWMLS)
"Three Trees" icon indicates a listing provided courtesy of NWMLS.

Nearby Locations

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Dave Anderson
Dave Anderson

REALTOR® | Lic# 106984

+1(206) 605-4267

17717 132nd Ave NE, Woodinville, WA, 98072

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600 Douglas ST