$550,000
$609,000
9.7%For more information regarding the value of a property, please contact us for a free consultation.
5 Beds
6 Baths
5,656 SqFt
SOLD DATE : 06/23/2022
Key Details
Sold Price $550,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Square Footage 5,656 sqft
Price per Sqft $97
Subdivision Amon Knwck
MLS Listing ID 260881
Sold Date 06/23/22
Bedrooms 5
HOA Y/N No
Year Built 1920
Annual Tax Amount $3,639
Lot Size 0.320 Acres
Acres 0.32
Property Sub-Type Multi Family
Property Description
MLS# 260881 DO NOT DISTURB THE TENANTS 7 unit apartment complex consisting of (3) one bedroom apartments, (3) studio apartments, and (1) two bedroom apartment. There is a main building with 5 units, and 2 stand alone units on the property. 6 of the 7 are currently rented. There are 4 recent leases, 2 have month to month and 1 recent vacancy. Current rent with the vacancy is $4450 per month. Rents are below market, so there is opportunity to increase income as leases expire. There is a laundry room which you could install a coin op laundry for additional income. There is an unused portion of the property which is bare land. It is a opportunity to add additional another structure with more units, or a small storage facility for even more additional income. Property tours subject to accepted offer only. DO NOT DISTURB THE TENANTS. Contact listing broker for Rent Roll and Financial Statements.
Location
State WA
County Us
Interior
Flooring Carpet, Laminate
Fireplace No
Appliance Dishwasher, Disposal, Oven, Range/Oven, Refrigerator, Appl-Electric
Exterior
Parking Features Carport, Off Street, Attached Carport
Garage Yes
Building
Water Public
Schools
Elementary Schools Kennewick
Middle Schools Kennewick
High Schools Kennewick
Others
Acceptable Financing Exclusive Right
Listing Terms Exclusive Right
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