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Browse More Listings in Multifamily For Sale, Wenatchee, WA or Washington

Multifamily Property For Sale

4-Plex Building in Wenatchee (9 potential suites).

245 N Mission Street, Wenatchee, WA 98801

Price:
$375,000
No. Units:
4
Building Size:
4,800 SF
Price/Unit:
$93,750
Property Type:
Multifamily
Property Sub-type:
Duplex/ Triplex/ Fourplex
Additional Sub-types:
Mid/High-Rise
Office Building
Free Standing Bldg
Property Use Type:
Investment
Cap Rate:
5.80%
Occupancy:
100%
No. Stories:
3
Year Built:
1900
Lot Size:
10,890 SF
Find Out More...

Last Verified 11/12/2009 Listing ID 16420068

Description

This 4-plex has 5 more additional suites to be finished up for more potential income. Great investment!!! We can also manage this property just like we are for this current owner. This building is minutes (walking distance) from downtown Wenatchee, Columbia River (10 mile loop trail/park), restaurants, retail stores, banks, etc. The rest of the units need minor to major repairs to make them rentable again. In the basement, this building has 16 electrical meters to supply any and all units with their own meter.

This building in next door to the Cellar Café (www.cellarcafe.org), across from Wells Fargo and a dentist office to name a few businesses.

Financial Summary

Proforma
Year
2009
Scheduled Gross Income
$34,200
Effective Gross Income
$34,200
Operating Expenses
$8,412
Net Operating Income
$25,788

Map of 245 N Mission Street, Wenatchee, WA 98801 (Chelan County)

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Presented by

NWCB

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Contact Listing Broker

David Stueck (509) 630-5488

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Created 10/5/2009

Additional Information for 245 N Mission Street, Wenatchee, WA 98801

Active For Sale - 1 Listing
Active For Lease - 0 Listing
Previously Listed - 2 Historic Listings
Sales Comparables Available - 0 RecentSales Record

View additional information for the property view other currently active listings, previous listings, sales comparables, public records, and county records data for this address.

The information above has been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial, and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.

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Multifamily Property For Sale - 4-Plex Building in Wenatchee (9 potential suites).

245 N Mission Street, Wenatchee, WA, 98801