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Property Details for 106 J St SW Quincy WA 98848

MLS # : 1257698

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Property Photo MLS #: 1257698
106 J St SW Quincy WA 98848
Listing Number:   1257698
Listing Price:   $1,175,000
Number of Units:   13
Lot Size:   27,381 Sq Ft
Total Parking Spaces:   20

Katz Realty, Inc.
Courtesy:   Windermere R.E. K-2 Realty
-= Complex Details =-
Number of Units:   13
Features:   High Speed Internet, Sprinkler System
Vacancy Rate:   2.00

Electrical Expenses:   $451
Water/Sewer/Garbage:   $10,394
Insurance Expenses:   $4,168
Total Expeses:   $20,069
Total Monthly Income:   $100,672
Net Operating Income:   $100,118
Gross Adjusted Income:   $120,187
Gross Scheduled Income:   $122,640
Cap Rate (NOI / Listing Price):   $8.50
Gross Rent Multiplier:   $10.00

Unit Rents
Rent Unit 1:   $975
Rent Unit 3:   $495
-= Building Details =-
Year Built:   1967
Building Condition:   Good
Style:   - 10+ Units
Number of Stories:   2
Amenities:   Basement, Coin Op Laundry, Storage
Roof:   Composition
Exterior:   Wood Products
Approx. Sq Ft:   10,368
Heating & Cooling:   Baseboard, Central A/C, Wall
Leased Items:   Washer/Dryer
-= Unit Details =-
Unit 1
Description Unit 1:   12
Sq Ft Unit 1:   822
Bedrooms Unit 1:   2
Bathrooms Unit 1:   1.00
Range/Oven Unit 1:   Yes

Unit 2
Range/Oven Unit 2:   No

Unit 3
Description Unit 3:   13
Sq Ft Unit 3:   325
Bathrooms Unit 3:   1.00
Range/Oven Unit 3:   Yes

Unit 4
Range/Oven Unit 4:   No

Unit 5
Range/Oven Unit 5:   No

Unit 6
Range/Oven Unit 6:   No
-= Site Details =-
Lot Size:   27,381 Sq Ft
Lot Size Source:   County Records
Lot Details:   Alley, Paved Street, Sidewalk
View:   City

Energy Source:   Electric
Power Company:   Grant County PUD
Sewer Company:   City of Quincy
Water Company:   City of Quincy
Water Source:   Public

Number of Uncovered Parking Spaces:   20
Total Number of Parking Spaces:   20
-= Location Information =-
Address:   106 J St SW
City:   Quincy
State:   WA
Zip Code:   98848
Latitude:   47.23008400
Longitude:   -119.85559300
Driving Directions:   From Highway 28 in Quincy, go south on 1st Ave SW, property is on the corner of 1st Ave SW and J Street SW.
-= Community Information =-
Community Name:   Quincy
Subdivision:   Bailey's Addition
School District:   Quincy
-= Assessor Information =-
County:   Grant
Tax Number:   040075000
Lot Number:   2-6
Block Number:   2
Map Book:   Phoe
General Zoning Classification:   Multi-Family
Zoning Jurisdiction:   City
Tax Amount:   $5,056   Tax amount may change after sale.
Tax Year:   2017
-= Purchase Information =-
Listing Price:   $1,175,000
Potential Terms:   Cash Out, Conventional
Bank Owned:   No
3rd Party Approval Required:   None
Possession Allowed:   Closing
Seller Disclosure Statement Provided:   Provided
Preliminary Title Ordered:   Yes
-= MLS Listing Details =-
Listing Number:   1257698
Listing Status:   Offer Pending
Listing Office:   Windermere R.E. K-2 Realty
Co-listing Office:   Windermere R.E. K-2 Realty
Listing Date:   2018-03-14
Cumulative Days on Market*:   72
Pending Date:   2018-05-14
MLS Area:   292
Lot Size Source:   County Records
Marketing Remarks:   The Marilyn Apartments in downtown Quincy! Opportunity to own an income-producing property with 24 beds and 13 bathrooms. There are 2 leased coin-operated washers and dryers on the premises. Also featured are 13 storage units in the basement.
-= 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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