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Listed by:Premier One Properties • Scott Thompson

$799,000

Est. payment - /mo

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8 Beds

8 Baths

3,920 SqFt

New

1686 S Mission ST #1 Wenatchee, WA 98801

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Suzy Kormanik

suzy@suzysellsvancouver.com +1(360) 931-8786

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,920 sqft

Price per Sqft $203

Subdivision Wenatchee

MLS Listing ID 2576735

Style 54 - 4-Plex

Bedrooms 8

Year Built 1995

Annual Tax Amount $5,787

Lot Size 9,148 Sqft

Property Sub-Type Multi Family

Property Description

Exceptional Investment Opportunity! This immaculate, turnkey 4-plex offers an outstanding opportunity for an investor looking for a well-maintained property with strong rental history, market rents, and immediate income potential. Generating $77,700 in annual gross income with an attractive 7.2% cap rate, this property presents an exceptional opportunity for investors. Each of the four spacious units offers approximately 980 square feet with two generously sized bedrooms and two full bathrooms. Thoughtfully updated throughout, the units feature attractive finishes, in-unit laundry, and all appliances included. Each unit also offers a private balcony with exceptional views, creating a desirable living environment for tenants. Additional value comes from the convenience of two covered parking spaces per unit, providing ample off-street parking for residents. The property is fully rented and has been exceptionally cared for, making this a true turn-key investment that is ready for its next owner. With quality updates, desirable amenities, strong rental performance, and excellent overall condition, this 4-plex is an opportunity you won't want to miss! Additional properties also available for sale including MLS #'s 257635, 257641, 2576744, 2576746, 2576754.

Location

State WA

County Chelan

Area 971 - Wenatchee

Interior

Flooring Vinyl Plank, Carpet

Fireplace false

Exterior

Exterior Feature Wood Products

Amenities Available Deck, Fenced-Partially, High Speed Internet

View Y/N Yes

View Mountains, Territorial

Roof Type Composition

Building

Lot Description Paved

Sewer Sewer Connected

Water Public

New Construction No

Schools

Elementary Schools Mission View Elem

Middle Schools Pioneer Mid

High Schools Wenatchee High

School District Wenatchee

Others

Senior Community No

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

"Three Trees" icon indicates a listing provided courtesy of NWMLS.

Nearby Locations

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Suzy Kormanik

Broker License ID: 138510

+1(360) 931-8786