Bought with ZNonMember-Office-MLS
$1,115,000
$1,219,000
8.5%For more information regarding the value of a property, please contact us for a free consultation.
70 Beacon DR East Wenatchee, WA 98802
4,764 SqFt
Key Details
Sold Price $1,115,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 4,764 sqft
Price per Sqft $234
Subdivision East Wenatchee
MLS Listing ID 2208774
Sold Date 05/01/24
Style 54 - 4-Plex
HOA Fees $350/mo
Year Built 2008
Annual Tax Amount $8,153
Lot Size 0.480 Acres
Property Description
First class multifamily investment opportunity! Better than new, 2-story, 4-plex nestled in the Wenatchee Valley offering STR flexibility, optimal floor plans & quality construction demanding top rents! (4) 2-bed/2-bath units, ~1,200sf, primary bed, fireplace, w/d hookup, central heat/ac, storage, private balcony/patio & carport parking. Proforma GI $96,000/annually with all leases going month-to-month June 2024 resulting in robust NOI, and healthy return on investment. All units have been updated and located in complex comprised of 5, 4-plexes fully landscaped with common area/park located in desirable Fancher Heights! HOA covers garbage, landscaping, snow removal, etc for hands off investment. Let's invest for the future.
Location
State WA
County Douglas
Area 970 - East Wenatchee
Interior
Interior Features Laminate, Wall to Wall Carpet
Flooring Laminate, Vinyl, Carpet
Fireplace false
Exterior
Exterior Feature Cement/Concrete, Wood Products
Amenities Available Patio, Sprinkler System
View Y/N Yes
View Mountain(s), Territorial
Roof Type Composition
Building
Lot Description Curbs, Dead End Street, Paved, Sidewalk
Sewer Sewer Connected
Water Public
New Construction No
Schools
Elementary Schools Cascade Elem
Middle Schools Eastmont Jnr High
High Schools Eastmont Snr High
School District Eastmont
Others
Senior Community No
Acceptable Financing Cash Out, Conventional
Listing Terms Cash Out, Conventional
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"Three Trees" icon indicates a listing provided courtesy of NWMLS.