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Property Details for 129 N Miller St Wenatchee WA 98801

MLS # : 1192862

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Property Photo MLS #: 1192862
129 N Miller St Wenatchee WA 98801
Listing Number:   1192862
Listing Price:   $399,000
Type:   - Business Opp.
Building Sq Ft:   1,928
Covered Parking:   2

Katz Realty, Inc.
509-725-1701
Courtesy:   Coldwell Banker Lavigne
-= Property Details =-
Commercial Type:   - Business Opp.

Building
Year Built:   1952
Approx. Building Sq Ft:   1,928
Roof:   Composition
Exterior:   Wood
Foundation:   Concrete Block
Floor Covering:   Vinyl, Wall to Wall Carpet

Land
Lot Size:   10,019 Sq Ft
Lot Size Source:   Assessor
Lot Topography:   Level

Utilities
Energy Source:   Electric
Water Source:   Public
Sewer:   Sewer Connected
Heating and Cooling:   Forced Air, Heat Pump

Parking / Loading
Total Covered Parking:   2
-= Unit Details =-
Total Sq Ft Rented:   1,928
Description Unit 1:   Unit 127
Approx. Sq Ft Unit 1:   964
Rent Unit 1:   $1,350

Description Unit 2:   Unit 129
Approx. Sq Ft Unit 2:   964
Rent Unit 2:   $1,200
-= Financial Information =-
Income
Gross Scheduled Income:   $30,600
Gross Adjusted Income:   $30,600
Total Monthly Rent:   $2,550
Total Monthly NNN:   $200

Expenses
Net Operating Costs:   $25,343
Electrical Expense:   $1,200
Water/Sewer/Garbage:   $1,200
Insurance Expenses:   $710
Total Expenses:   $5,257
Total Expenses:   $5,257

Monthly NN Unit 1:   $100
Monthly NN Unit 2:   $100

Computation / Other
Cap Rate (NOI / Listing Price):   4.00
Gross Rent Multiplier:   21.00
-= Location Information =-
Address:   129 N Miller St
City:   Wenatchee
State:   WA
Zip Code:   98801
Latitude:   47.42593900
Longitude:   -120.32434600
Driving Directions:   East side of Miller St at the intersection of Orchard and Miller.
-= Community Information =-
Community Name:   Wenatchee
-= Assessor Information =-
County:   Chelan
Tax Number:   222003615040
General Zoning Classification:   Residential
Zoning Jurisdiction:   City
Land Assessed Value:   $60,000
Improved Assessed Value:   $138,041
Total Assessed Value:   $198,041
Tax Amount:   $2,147   Tax amount may change after sale.
Tax Year:   2017
-= Purchase Information =-
Listing Price:   $399,000
Potential Terms:   Cash Out, Conventional
Bank Owned:   No
3rd Party Approval Required:   None
Possession Allowed:   Closing, Sub. Tenant's Rights
Seller Disclosure Statement Provided:   Provided
Preliminary Title Ordered:   Yes
-= MLS Listing Details =-
Listing Number:   1192862
Listing Status:   Active
Listing Office:   Coldwell Banker Lavigne
Co-listing Office:   Coldwell Banker Lavigne
Listing Date:   2017-09-12
Cumulative Days on Market*:   67
Original Listing Price:   $650,000
MLS Area:   971
Marketing Remarks:   Duplex with great cash flow! Excellent Location! Just across the street from Orchard Middle School. Close proximity to bus line an shopping! Great investment property! Each unit has a garage. Both units are 2 bed/1 bath/1 car garage. Large fenced yard and laundry in units. Please allow 24 hour notice for tenants.
-= Disclaimer =-
The information contained in this listing has not been verified by Katz Realty, Inc. and should be verified by the buyer.
* Cumulative days on market are days since current listing date.
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