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1402-1408 Roosevelt Ave

Yakima, WA 98902
  • $1,899,000
  • STATUS: Active
  • ON SITE: 48 Days
  • MLS #: 22-3026
UPDATED: 15 min ago
$1,899,000
  • 0
    BEDS
  • 0.44
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 12,800
    SQFT
  • $148
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1976

School Ratings & Info

School District:

Description

Investors!! This 16 unit apartment complex is on 4 separate tax lots, 40 x 120 sq. ft. each. There's plenty of off-street parking spaces on the street side & the alley side - 2 per unit. The complex has four 2-story 4-plex buildings & 2 laundry rooms, currently not in use. All units are spacious 2 bed/1 bath. Roofs are all newer. Most units have been completely renovated, with low-maintenance attractive tile flooirnig or LVP flooring and white base trim, among other finishes., with some getting new decks or balconies. Buildings 1402 & 1404 were rebuilt brand new from the studs inward. Some units have electric fireplaces.Great rental history - nearly always 100% occupied. Rents vary between $875-$900. CAP rate is 6.81%, which includes 8% management fee.Buildings are also listed separately, each as a 4-plex.

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© 2023 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 Amy Maib - Yakima's Rescue Realtor. Data last updated: 2023-02-07T13:49:29.593.
www.yakimasrescuerealtor.com/homes/135522356
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1402-1408 Roosevelt Ave Yakima, WA 98902

  • Price: $1,899,000
  • Status: Active
  • On Site: 48 Days
  • Updated: 15 min ago
  • MLS #: 22-3026
0
Beds
0
Baths
0
½ Baths
0.44
Acres
12,800
SQFT
$148
$/SQFT
1976
Built
Neighborhood:
2A - Btwn N 1St/16Th
Area:
2A - Btwn N 1St/16Th
School District:
Yakima
Property Description
Investors!! This 16 unit apartment complex is on 4 separate tax lots, 40 x 120 sq. ft. each. There's plenty of off-street parking spaces on the street side & the alley side - 2 per unit. The complex has four 2-story 4-plex buildings & 2 laundry rooms, currently not in use. All units are spacious 2 bed/1 bath. Roofs are all newer. Most units have been completely renovated, with low-maintenance attractive tile flooirnig or LVP flooring and white base trim, among other finishes., with some getting new decks or balconies. Buildings 1402 & 1404 were rebuilt brand new from the studs inward. Some units have electric fireplaces.Great rental history - nearly always 100% occupied. Rents vary between $875-$900. CAP rate is 6.81%, which includes 8% management fee.Buildings are also listed separately, each as a 4-plex.
Exterior Features

Construction Common WallFrame Garage Capacity None Parking Spaces 16 Roof Composition Siding BrickWood

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 2 Bedrooms Unit B 2 Bedrooms Unit C 2 Bedrooms Unit D 2 Heating ElectricWall Number Of Air Conditioners 16 Number Of Ranges 16 Number Of Refrig 16

Property Features

Gross Monthly Income 13975.00 Multifamily Subtype Apartment Rental Amenities Laundry Sewage System Connected Sq Ft Source County Assessor Tax Designation None Tax Year 2022 Taxes 6805.00 Terms CashConventional 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 R1 - Single Fam Res

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


© 2023 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 Amy Maib - Yakima's Rescue Realtor. Data last updated: 2023-02-07T13:49:29.593.
 
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Amy Maib - Yakima's Rescue Realtor
1017 S 40th Ave
Yakima WA, 98908