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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:   $375,000
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:   $375,000
Potential Terms:   Cash Out, Conventional, See Remarks
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*:   131
Original Listing Price:   $650,000
MLS Area:   971
Marketing Remarks:   Seller willing to accept BITCOIN!!! The new rate of cryptocurrency that taking the world by storm! 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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