Bought with Sterling Johnston Real Estate
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Key Details
Sold Price $857,500
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 6,364 sqft
Price per Sqft $134
Subdivision Yakima
MLS Listing ID 1797551
Sold Date 09/03/21
Style 55 - 5-9 Units
Year Built 1971
Annual Tax Amount $5,150
Lot Size 0.510 Acres
Lot Dimensions 22216
Property Description
A rare opportunity for Yakima! Yakima 8 offers investors a well cared for stabilized 8 unit with significant upside. Located off 48th St and Nob Hill Blvd makes this a desirable location for any investor in Yakima. The property has been well maintained and provides a significant value add to operations along and the ability to renovate units. An investor can walk into a 5.04% return and without much work increase their return to 8%. Rents are well below market.
Yakima 8 is within 5 minutes of grocery stores, two schools, retail outlets and many more amenities. This is a great
Location
State WA
County Yakima
Area 475 - Yakima County
Interior
Interior Features Forced Air, Wall to Wall Carpet, Laminate
Flooring Laminate, Vinyl, Carpet
Fireplace No
Exterior
Exterior Feature Brick
Utilities Available Sewer Connected, Electric
Waterfront No
View Y/N No
Roof Type Composition
Building
Lot Description Dead End Street, Secluded
Sewer Sewer Connected
Water Public
New Construction No
Schools
Middle Schools Wilson Mid
High Schools Eisenhower High
School District Yakima
Others
Senior Community No
Acceptable Financing Cash Out, Conventional
Listing Terms Cash Out, Conventional
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