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Property Details for 305 1/2 Woodring St Cashmere WA 98815

MLS # : 1297043

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Property Photo MLS #: 1297043
305 1/2 Woodring St Cashmere WA 98815
Listing Number:   1297043
Listing Price:   $750,000
Number of Units:   14
Lot Size:   9,148 Sq Ft
Total Parking Spaces:   6

Katz Realty, Inc.
-= Complex Details =-
Number of Units:   14
Features:   Sprinkler System

Electrical Expenses:   $3,600
Water/Sewer/Garbage:   $6,000
Insurance Expenses:   $3,600
Other Expenses:   $10,967
Total Expeses:   $30,000
Net Operating Income:   $48,000
Gross Adjusted Income:   $78,000
Gross Scheduled Income:   $78,000
Cap Rate (NOI / Listing Price):   $6.40
Gross Rent Multiplier:   $9.00

Unit Rents
Rent Unit 1:   $500
-= Building Details =-
Year Built:   1907
Style:   - Duplex
Number of Stories:   2
Amenities:   Basement
Roof:   Metal
Exterior:   Wood
Floor Covering:   Vinyl, Wall to Wall Carpet
Foundation:   Poured Concrete
Approx. Sq Ft:   6,260
Heating & Cooling:   Baseboard, Wall
Leased Items:   None
-= Unit Details =-
Unit 1
Description Unit 1:   1
Sq Ft Unit 1:   450
Bedrooms Unit 1:   1
Bathrooms Unit 1:   1.00
Range/Oven Unit 1:   Yes
-= Site Details =-
Lot Size:   9,148 Sq Ft
Lot Size Source:   assessor
Lot Details:   Alley, Sidewalk
View:   City, Mountain, Territorial

Energy Source:   Electric
Power Company:   Chelan County PUD
Sewer Company:   County of Cashmere
Water Company:   City of Cashmere
Water Source:   Public

Number of Uncovered Parking Spaces:   6
Total Number of Parking Spaces:   6
-= Location Information =-
Address:   305 1/2 Woodring St
City:   Cashmere
State:   WA
Zip Code:   98815
Latitude:   47.52328800
Longitude:   -120.46825300
Driving Directions:   West on Cottage Ave, North on Woodring St. 2nd block on left. Behind post office.
-= Community Information =-
Community Name:   Cashmere
School District:   Cashmere
Elementary School:   Vale Elem
Junior High School:   Cashmere Mid
Senior High School:   Cashmere High
-= Assessor Information =-
County:   Chelan
Tax Number:   231904815120
General Zoning Classification:   Multi-Family
Zoning Jurisdiction:   City
Tax Amount:   $5,833   Tax amount may change after sale.
Tax Year:   2018
-= Purchase Information =-
Listing Price:   $750,000
Potential Terms:   Cash Out, Conventional, Owner Financing
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:   1297043
Listing Status:   Offer Pending
Listing Date:   2018-05-21
Cumulative Days on Market*:   124
Pending Date:   2018-08-17
MLS Area:   971
Lot Size Source:   assessor
Marketing Remarks:   Own a piece of Cashmere History. This 13 unit, plus small cottage property was originally a hotel. The apartments make a great rental history. Located right in the downtown business district zone of Cashmere. Within close proximity to bus line, restaurants and shopping. Don't let this wonderful investment opportunity pass you by!
-= 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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