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Listed by:Premier One Properties • Scott Thompson

$850,000

Est. payment - /mo

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8 Beds

8 Baths

3,728 SqFt

New

1011 D N Baker AVE #D East Wenatchee, WA 98802

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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 3,728 sqft

Price per Sqft $228

Subdivision East Wenatchee

MLS Listing ID 2576754

Style 54 - 4-Plex

Bedrooms 8

Year Built 1998

Annual Tax Amount $6,253

Lot Size 0.350 Acres

Property Sub-Type Multi Family

Property Description

Exceptional Investment Opportunity! Incredible 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 $79,200 in annual gross income with an attractive 6.94% cap rate, this property presents an exceptional opportunity for investors. Each of the four spacious units offers approximately 932 square feet with two generously sized bedrooms and one full bathroom. Thoughtfully updated throughout, the units feature attractive finishes, in-unit laundry, and all appliances included. Each unit also offers a private balcony or patio with exceptional views, creating a desirable living environment for tenants. Additional value comes from the convenience of one covered and one uncovered parking space 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 Douglas

Area 970 - East Wenatchee

Interior

Flooring Laminate, Carpet

Fireplace false

Exterior

Exterior Feature Wood Products

Amenities Available Deck, High Speed Internet, Patio, Sprinkler System

View Y/N Yes

View Mountains, Territorial

Roof Type Composition

Building

Lot Description Dead End Street, Paved

Sewer Sewer Connected

Water Public

New Construction No

Schools

Elementary Schools Lee Elementary

Middle Schools Sterling K-7

High Schools Eastmont Snr High

School District Eastmont

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