MLS #2543188 / Listing provided by NWMLS & Premier One Properties.
$700,000
330 Roosevelt Avenue
Wenatchee,
WA
98801
Sq Ft
Per Sq Ft
Year Built
Exceptional investment opportunity in the heart of Wenatchee! This well positioned 5 unit multi family property offers an ideal location with convenient access to downtown, shopping, dining, and everyday amenities. The property features a desirable unit mix including (1) studio, (3) one bedroom one bathroom units, and (1) spacious three bedroom 1.5 bathroom unit. Current rents range from approximately $950 to $1,450 per month. Four of the five units have been thoughtfully remodeled, while the remaining unit has been maintained by a long term tenant, providing valuable rental history and stability. All utilities are tenant paid, helping maximize operating efficiency. Residents enjoy on site and street parking, as well as convenient on site coin operated laundry. With a strong Net Operating Income of approximately $55,913 and priced competitively with an estimated 8% cap rate, this property presents an excellent opportunity for investors seeking dependable rental income and long term value in the Wenatchee market.
Disclaimer: The information contained in this listing has not been verified by Hawkins-Poe Real Estate Services and should be verified by the buyer.
Bedrooms
- Upper Level Bedrooms: 0
Fireplaces
- Total Fireplaces: 0
Heating & Cooling
- Heating: Yes
- Cooling: Yes
Parking
- Garage Spaces: 0
- Parking Total: 5
- Total Uncovered Parking Spaces: 5
Structure
- Roof: Composition
- Exterior Features: Stucco
- Foundation: Poured Concrete
Lot Details
- Lot Features: Paved, Sidewalk
- Acres: 0.15
- Foundation: Poured Concrete
Schools
- High School District: Wenatchee
Lot Details
- Lot Features: Paved, Sidewalk
- Acres: 0.15
- Foundation: Poured Concrete
Power
- Energy Source: Electric
- Power Company: PUD
Water, Sewer, and Garbage
- Sewer Company: Wenatchee
- Sewer: Sewer Connected
- Water Company: Wenatchee City Water
- Water Source: Public
- Water, Sewer, and Garbage: 0
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