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Listing Details

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MLS #
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School Ratings & Info

Description

Investment opportunity with these 8 Units near Downtown Yakima! There are four 1 Bedroom/ 1 Bath units, three studio/ 1 bath units and a separate house with 1 Bedroom plus den and 1 Bath. This property currently has a 6% cap rate. Rent's 10-20% below market rent. New roof on both building in 2017 and all units on separate meters. There are washer and dryer hookups in the basement for a potential additional income for this property.

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© 2021 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: 2021-09-20T09:48:29.053.
www.yakimasrescuerealtor.com/homes/117656965
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215 S 6th St Yakima, WA 98901

  • Price: $615,000
  • Status: Active
  • Updated: 51 min ago
  • MLS #: 21-1205
0
Beds
0
Baths
0
½ Baths
0.15
Acres
3,090
SQFT
$199
$/SQFT
1949
Built
Neighborhood:
1B - Se Yakima
Area:
1B - Se Yakima
Property Description
Investment opportunity with these 8 Units near Downtown Yakima! There are four 1 Bedroom/ 1 Bath units, three studio/ 1 bath units and a separate house with 1 Bedroom plus den and 1 Bath. This property currently has a 6% cap rate. Rent's 10-20% below market rent. New roof on both building in 2017 and all units on separate meters. There are washer and dryer hookups in the basement for a potential additional income for this property.
Exterior Features

Construction Frame Garage Capacity None Roof Composition Siding Vinyl

Interior Features

Heating Baseboard Sq Ft Unit A 2410 Sq Ft Unit B 680

Property Features

Gross Monthly Income 4070.00 Multifamily Subtype Apartment Rent Unit A 3520.00 Rent Unit B 550.00 Rental Amenities Agent Remarks Sewage System Connected Sq Ft Source County Assessor Tax Designation None Tax Year 2021 Taxes 1931.00 Terms CashConventional Units A 7 Units B 1 Water Public Water Zoning R2 - 2 Fam Res

Listing provided courtesy of Justin Thompson of Century 21 Yakima Branch.


© 2021 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: 2021-09-20T09:48:29.053.
 
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Amy Maib - Yakima's Rescue Realtor
1019 S 40th Ave
Yakima WA, 98908