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Property Details for 319 H St SE Quincy WA 98848

MLS # : 1257741

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Property Photo MLS #: 1257741
319 H St SE Quincy WA 98848
Listing Number:   1257741
Listing Price:   $1,050,000
Number of Units:   12
Lot Size:   16,225 Sq Ft
Total Parking Spaces:   10

Katz Realty, Inc.
509-725-1701
Courtesy:   Windermere R.E. K-2 Realty
-= Complex Details =-
Number of Units:   12
Features:   High Speed Internet
Vacancy Rate:   2.00

Financial
Electrical Expenses:   $2,578
Water/Sewer/Garbage:   $10,339
Heating Expenses:   $50
Insurance Expenses:   $4,168
Total Expeses:   $21,443
Total Monthly Income:   $88,749
Net Operating Income:   $86,691
Gross Adjusted Income:   $105,134
Gross Scheduled Income:   $107,280
Cap Rate (NOI / Listing Price):   $8.26
Gross Rent Multiplier:   $10.00

Unit Rents
Rent Unit 1:   $775
Rent Unit 2:   $725
Rent Unit 3:   $775
Rent Unit 4:   $650
Rent Unit 5:   $795
Rent Unit 6:   $795
-= Building Details =-
Year Built:   1952
Building Condition:   Average
Style:   - 10+ Units
Number of Stories:   2
Amenities:   Basement, Coin Op Laundry
Roof:   Composition, Metal
Exterior:   Brick, Wood Products
Approx. Sq Ft:   10,016
Heating & Cooling:   Central A/C, Radiator, Wall, Hot Water Recirc Pump
Leased Items:   Washer/Dryer
-= Unit Details =-
Unit 1
Description Unit 1:   A-1
Sq Ft Unit 1:   840
Bedrooms Unit 1:   2
Bathrooms Unit 1:   1.00
Range/Oven Unit 1:   Yes

Unit 2
Description Unit 2:   A-2
Sq Ft Unit 2:   840
Bedrooms Unit 2:   2
Bathrooms Unit 2:   1.00
Range/Oven Unit 2:   Yes

Unit 3
Description Unit 3:   A-3
Sq Ft Unit 3:   880
Bedrooms Unit 3:   2
Bathrooms Unit 3:   1.00
Range/Oven Unit 3:   Yes

Unit 4
Description Unit 4:   A-4
Sq Ft Unit 4:   671
Bedrooms Unit 4:   1
Bathrooms Unit 4:   1.00
Range/Oven Unit 4:   Yes

Unit 5
Description Unit 5:   B-1
Sq Ft Unit 5:   840
Bedrooms Unit 5:   2
Bathrooms Unit 5:   1.00
Range/Oven Unit 5:   Yes

Unit 6
Description Unit 6:   B-2
Sq Ft Unit 6:   840
Bedrooms Unit 6:   2
Bathrooms Unit 6:   1.00
Range/Oven Unit 6:   Yes
-= Site Details =-
Lot Size:   16,225 Sq Ft
Lot Size Source:   County Records
Lot Dimensions:   110 x 147.5
Lot Details:   Alley, Curbs, Paved Street, Sidewalk
View:   City

Utilities
Energy Source:   Electric, Natural Gas
Power Company:   Grant County PUD
Sewer Company:   City of Quincy
Water Company:   City of Quincy
Water Source:   Public

Parking
Number of Uncovered Parking Spaces:   10
Total Number of Parking Spaces:   10
-= Location Information =-
Address:   319 H St SE
City:   Quincy
State:   WA
Zip Code:   98848
Latitude:   47.23230200
Longitude:   -119.84698400
Driving Directions:   From Highway 28 in Quincy, WA, go south on 4th Avenue, property is on the corner of 4th Avenue and H Street SE.
-= Community Information =-
Community Name:   Quincy
Subdivision:   Johnson's 4th Addition
School District:   Quincy
-= Assessor Information =-
County:   Grant
Tax Number:   040726000
Lot Number:   12, 13, 14
Block Number:   3
Map Book:   Phoe
General Zoning Classification:   Multi-Family
Zoning Jurisdiction:   City
Tax Amount:   $4,308   Tax amount may change after sale.
Tax Year:   2017
-= Purchase Information =-
Listing Price:   $1,050,000
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:   1257741
Listing Status:   Active
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*:   126
MLS Area:   292
Lot Size Source:   County Records
Marketing Remarks:   The Beverly Apartments! Investment property close to downtown Quincy. Here is your opportunity to own rental income property. 12 units in total with 21 beds and 12 baths. Video camera security system installed and included. Two buildings have leased coin-op washers and dryers. Building 321 has a half-basement for storage and utility access.
-= 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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