518 Spokane St

    Wenatchee, WA 98801
    • $349,000
    • STATUS: Active
    • ON SITE: 52 days
    • ID#: 1588322
    UPDATED: 50 min ago
    $349,000
    • 0
      BEDS
    • 0.15
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,116
      SQFT
    • $165
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1918
    County:
    Area:

    School Information

    Elementary School:
    School District:
    Listing Courtesy of John L. Scott R.E. Wenatchee.

    Description

    TRI-PLEX located in the Opportunity Zone, with potential for tax advantages! With layout of lot, and recent increase on density, property may be a perfect candidate to build another 3+ units! 2- 2 bedroom units and 1- 1 bedroom unit. Units are separately metered and tenant pays power and garbage. Located steps from the new Methow Park. Great Investment Opportunity!! Exterior paint job to be included with full price offer. Please watch virtual tour link below.

    Monthly Payment Calculator



    The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Better Properties Lacey are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2020-06-01T10:13:25.55.

    www.betterpropertieslacey.com/homes/104940953

    518 Spokane St Wenatchee, WA 98801

    • Price: $349,000
    • Status: Active
    • Updated: 50 min ago
    • ID#: 1588322
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.15
    Acres
    2,116
    SQFT
    $165
    $/SQFT
    1918
    Built
    Neighborhood:
    Wenatchee
    County:
    Chelan
    Area:
    Wenatchee
    Elementary School:
    Buyer To Verify
    School District:
    Wenatchee
    Property Description
    TRI-PLEX located in the Opportunity Zone, with potential for tax advantages! With layout of lot, and recent increase on density, property may be a perfect candidate to build another 3+ units! 2- 2 bedroom units and 1- 1 bedroom unit. Units are separately metered and tenant pays power and garbage. Located steps from the new Methow Park. Great Investment Opportunity!! Exterior paint job to be included with full price offer. Please watch virtual tour link below.
    Exterior Features

    Building Condition Fair Carport Spaces 0 Exterior Wood Products Foundation Poured Concrete Garage Spaces 0 Lot Details Corner Lot Roof Metal Stories In Building 3 Style 53 - Tri-plex Total Parking Spaces 4 Uncovered Spaces 4 View CityTerritorial

    Interior Features

    Floor Covering Ceramic TileLaminate HardwoodVinylWall to Wall Carpet Heating And Cooling Baseboard Unit1 Bathrooms 0.75 Unit1 Bedrooms 1 Unit1 Dishwasher N Unit1 Fireplaces 0 Unit1 Range Oven Y Unit1 Refrigerator Y Unit1 Sq Ft 432 Unit1 Washer Dryer N Unit2 Bathrooms 0.75 Unit2 Bedrooms 2 Unit2 Dishwasher N Unit2 Fireplaces 0 Unit2 Range Oven Y Unit2 Refrigerator Y Unit2 Sq Ft 842 Unit2 Washer Dryer N Unit3 Bathrooms 1.00 Unit3 Bedrooms 2 Unit3 Dishwasher N Unit3 Fireplaces 0 Unit3 Range Oven Y Unit3 Refrigerator Y Unit3 Sq Ft 842 Unit3 Washer Dryer Y Unit4 Bathrooms 0.00 Unit4 Bedrooms 0 Unit4 Dishwasher N Unit4 Fireplaces 0 Unit4 Range Oven N Unit4 Refrigerator N Unit4 Sq Ft 0 Unit4 Washer Dryer N Unit5 Bathrooms 0.00 Unit5 Bedrooms 0 Unit5 Dishwasher N Unit5 Fireplaces 0 Unit5 Range Oven N Unit5 Refrigerator N Unit5 Sq Ft 0 Unit5 Washer Dryer N Unit6 Bathrooms 0.00 Unit6 Bedrooms 0 Unit6 Dishwasher N Unit6 Fireplaces 0 Unit6 Range Oven N Unit6 Refrigerator N Unit6 Sq Ft 0 Unit6 Washer Dryer N Units Below Grade Y

    Property Features

    Bank Owned No Cap Rate 8.00 Electrical Expenses 0 Energy Source Electric EPSEnergy 0 Form17 Provided General Zoning Classification Multi-Family Gross Adjusted Income 33350 Gross Rent Multiplier 10 Gross Scheduled Income 34740 Heating Expenses 0 Hers Index 0 Home Owner Dues 0 Insurance Expenses 1131 Leased Items None Net Operating Income 28340 New Construction YN No Other Expenses 2500 Possession Closing Septic Approved For Number Of Bedrooms 0 Sewer Sewer Connected Site Features DeckHigh Speed Internet Tax Amount 1893 Tax Year 2020 Terms Cash OutConventional Third Party Approval Required None Total Expenses EXP 6400 Total Expenses TEX 6400 Total Monthly Income 2895 Unit1 Monthly Rent 875 Unit2 Monthly Rent 1025 Unit3 Monthly Rent 995 Unit4 Monthly Rent 0 Unit5 Monthly Rent 0 Unit6 Monthly Rent 0 Vacancy Rate 4 Water Sewer Garbage 876 Water Source Public Zoning Jurisdiction City

    Listing information © 2020 Northwest Multiple Listing Service. Information is based on data available to the associate, including county records. The information contained in this listing has not been verified by Better Properties Lacey and should be verified by the buyer.


    The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Better Properties Lacey are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2020-06-01T10:13:25.55.

     
    Better Properties Lacey
    3201 Willamette Dr NE, Ste E
    Lacey WA, 98516
    Listing Courtesy of John L. Scott R.E. Wenatchee.