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Listed by:Premier One Properties • Jordan Uecker
$ 700,000
Est. payment /mo
New
330 Roosevelt AVE Wenatchee, WA 98801
6 Beds
5 Baths
3,908 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 3,908 sqft
Price per Sqft $179
Subdivision Wenatchee
MLS Listing ID 2543188
Style 55 - 5-9 Units
Bedrooms 6
Year Built 1913
Annual Tax Amount $5,365
Lot Size 6,534 Sqft
Property Sub-Type Multi Family
Property Description
Exceptional investment opportunity in the heart of Wenatchee! This well positioned 5 unit multi family property offers an ideal location with convenient access to downtown, shopping, dining, and everyday amenities. The property features a desirable unit mix including (1) studio, (3) one bedroom one bathroom units, and (1) spacious three bedroom 1.5 bathroom unit. Current rents range from approximately $950 to $1,450 per month. Four of the five units have been thoughtfully remodeled, while the remaining unit has been maintained by a long term tenant, providing valuable rental history and stability. All utilities are tenant paid, helping maximize operating efficiency. Residents enjoy on site and street parking, as well as convenient on site coin operated laundry. With a strong Net Operating Income of approximately $55,913 and priced competitively with an estimated 8% cap rate, this property presents an excellent opportunity for investors seeking dependable rental income and long term value in the Wenatchee market.
Location
State WA
County Chelan
Area 971 - Wenatchee
Interior
Flooring Laminate, Vinyl, Carpet
Fireplace false
Exterior
Exterior Feature Stucco
Amenities Available Fenced-Partially
View Y/N Yes
View City, Territorial
Roof Type Composition
Building
Lot Description Paved, Sidewalk
Sewer Sewer Connected
Water Public
New Construction No
Schools
School District Wenatchee
Others
Senior Community No
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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