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Property Details for 587 Eastmont Ave East Wenatchee WA 98802

MLS # : 1294558

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Property Photo MLS #: 1294558
587 Eastmont Ave East Wenatchee WA 98802
Listing Number:   1294558
Listing Price:   $550,000
Number of Units:   4
Lot Size:   5,663 Sq Ft
Total Parking Spaces:   7

Katz Realty, Inc.
509-725-1701
Courtesy:   BHHS Jessup Real Estate
-= Complex Details =-
Number of Units:   4
Features:   Deck

Financial
Electrical Expenses:   $244
Water/Sewer/Garbage:   $1,724
Insurance Expenses:   $1,741
Annual Association Dues:   $340
Total Expeses:   $8,122
Total Monthly Income:   $3,500
Net Operating Income:   $44,000
Gross Adjusted Income:   $47,100
Gross Scheduled Income:   $47,100
Cap Rate (NOI / Listing Price):   $13.20
Gross Rent Multiplier:   $13.00

Unit Rents
Rent Unit 1:   $950
Rent Unit 2:   $850
Rent Unit 3:   $875
Rent Unit 4:   $825
-= Building Details =-
Year Built:   1999
Effective Year Built:   1999
Effective Year Built Source:   PR
Building Condition:   Good
Style:   - 4-Plex
Number of Stories:   2
Amenities:   Coin Op Laundry, Storage, Thermal Windows
Roof:   Composition
Exterior:   Metal/Vinyl
Floor Covering:   Vinyl, Wall to Wall Carpet
Foundation:   Poured Concrete
Approx. Sq Ft:   4,004
Heating & Cooling:   Heat Pump, Wall
Leased Items:   None
-= Unit Details =-
Unit 1
Description Unit 1:   A
Sq Ft Unit 1:   970
Bedrooms Unit 1:   2
Bathrooms Unit 1:   1.00
Range/Oven Unit 1:   Yes

Unit 2
Description Unit 2:   B
Sq Ft Unit 2:   970
Bedrooms Unit 2:   2
Bathrooms Unit 2:   1.00
Range/Oven Unit 2:   Yes

Unit 3
Description Unit 3:   C
Sq Ft Unit 3:   970
Bedrooms Unit 3:   2
Bathrooms Unit 3:   1.00
Range/Oven Unit 3:   Yes

Unit 4
Description Unit 4:   D
Sq Ft Unit 4:   970
Bedrooms Unit 4:   2
Bathrooms Unit 4:   1.00
Range/Oven Unit 4:   Yes
-= Site Details =-
Lot Size:   5,663 Sq Ft
Lot Size Source:   Assessor
Lot Details:   Paved Street, Sidewalk
View:   Mountain, Territorial

Utilities
Energy Source:   Electric
Power Company:   Douglas Co PUD
Sewer Company:   Douglas co Sewer
Water Company:   City of East Wenatchee
Water Source:   Public

Parking
Number of Carport Spaces:   4
Number of Uncovered Parking Spaces:   3
Total Number of Parking Spaces:   7
-= Location Information =-
Address:   587 Eastmont Ave
City:   East Wenatchee
State:   WA
Zip Code:   98802
Latitude:   47.41465700
Longitude:   -120.28017300
Driving Directions:   From Grant Rd go North on Eastmont, on the right just before 6th Ne off of Eastmont.
-= Community Information =-
Community Name:   East Wenatchee
Subdivision:   LINDELL & QUICK RIDGE
School District:   Eastmont
Elementary School:   Sterling K-7
Junior High School:   Eastmont Jnr High
Senior High School:   Eastmont Snr High
-= Assessor Information =-
County:   Douglas
Tax Number:   68600001000
Lot Number:   10
General Zoning Classification:   Multi-Family
Tax Amount:   $4,413   Tax amount may change after sale.
Tax Year:   2018
-= Purchase Information =-
Listing Price:   $550,000
Potential Terms:   Cash Out
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:   1294558
Listing Status:   Offer Pending
Listing Office:   BHHS Jessup Real Estate
Listing Date:   2018-05-18
Cumulative Days on Market*:   37
Pending Date:   2018-05-31
MLS Area:   970
Lot Size Source:   Assessor
Marketing Remarks:   Wonderful investment with great Rental history. 0% Vacancy and Great ROI. Don't miss your chance on this rare opportunity.DO NOT BOTHER TENANTS. Must have appt with Agent Broker. FULL 24 hr notice for showings. Irrigation water.
-= 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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