MLS # 2166785 | Windermere Professional Prtnrs|253-514-8294 702 N 2nd Street is a $997,500, 4,592 square foot home on a 0.19 acre lot located in Yakima, WA.
Great multi-family investment opportunity! Nice apartment building with 10 1-bed units, five on each level. Units are in good condition. The majority have been remodeled & the remaining few get renovated upon a move-out. Building has new exterior paint (2022) & new roof (2017). Shared laundry room. All units on separate meters. Off-street parking spaces for all units. Landlord pays electricity just for common areas & laundry room. Tenants pay their own electric. Add'l. income of $720 annually for laundry room. This is a good performing asset w/pay-on-time tenants. Vacancy rates are less than 1% usually with a waiting list. Good location close to retail & commercial areas. CAP RATE:6.1 - managed professionally. Total rents are: $7675/month.
| Interior Features | Carpet Vinyl Vinyl Plank Poured Concrete |
| Cooling Types | Wall Unit(s) |
| Heating Types | Baseboard Wall Unit(s) |
| Exterior Features | Wood Closing Multi-Family Electric Good None |
| Land Type | Curbs Sidewalk |
| Water Source | Public |
| Sewer | Sewer Connected |
| Property Type | Residential Income |
| Property Sub Type | Multi-Family |
| Style | Multi Family |
| Year Built | 1973 |
| HOA Fee | $0.00 |
| Taxes | $4,479.00 |
| County | yakima |
| School District | yakima |
| Elementary School | buyer to verify |
| Middle School | buyer to verify |
| High School | buyer to verify |
| Neighborhood | Yakima |
Based on information from the Northwest Multiple Listing Service (NWMLS), last updated
12/08/2023 at 06:26am MST. Listing information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed by the MLS or this website. Disclaimer: The information contained in this listing has not been verified by John L Scott | Jason Randall and should be verified by the buyer. See full DMCA disclaimer
