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Property Details for 108 N Cleveland Wenatchee WA 98801

MLS # : 1372351

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Property Photo MLS #: 1372351
108 N Cleveland Wenatchee WA 98801
Listing Number:   1372351
Listing Price:   $549,500
Lot Size:   5,663 Sq Ft
Total Parking Spaces:   7

Katz Realty, Inc.
509-725-1701
Courtesy:   CENTURY 21 Exclusively
-= Complex Details =-

Financial
Water/Sewer/Garbage:   $3,100
Insurance Expenses:   $2,600
Other Expenses:   $500
Total Expeses:   $8,650
Total Monthly Income:   $4,181
Net Operating Income:   $40,322
Gross Adjusted Income:   $40,322
Gross Scheduled Income:   $48,972
Cap Rate (NOI / Listing Price):   $7.00
Gross Rent Multiplier:   $11.00

Unit Rents
Rent Unit 1:   $1,200
Rent Unit 2:   $1,100
Rent Unit 3:   $995
Rent Unit 4:   $750
-= Building Details =-
Year Built:   1920
Style:   - 4-Plex
Number of Stories:   2
Roof:   Composition
Exterior:   Wood
Heating & Cooling:   Wall
Leased Items:   None
-= Unit Details =-
Unit 1
Description Unit 1:   1
Bedrooms Unit 1:   1
Bathrooms Unit 1:   1.00
Range/Oven Unit 1:   Yes

Unit 2
Description Unit 2:   2
Bedrooms Unit 2:   1
Bathrooms Unit 2:   1.00
Range/Oven Unit 2:   Yes

Unit 3
Description Unit 3:   3
Bedrooms Unit 3:   1
Bathrooms Unit 3:   1.00
Range/Oven Unit 3:   Yes

Unit 4
Description Unit 4:   4
Bedrooms Unit 4:   1
Bathrooms Unit 4:   1.00
Range/Oven Unit 4:   Yes
-= Site Details =-
Lot Size:   5,663 Sq Ft
Lot Size Source:   County

Utilities
Energy Source:   Electric

Parking
Number of Uncovered Parking Spaces:   7
Total Number of Parking Spaces:   7
-= Location Information =-
Address:   108 N Cleveland
City:   Wenatchee
State:   WA
Zip Code:   98801
Latitude:   47.42538600
Longitude:   -120.31842900
Driving Directions:   From Mission or Chelan W on 1st, N on Cleveland
-= Community Information =-
Community Name:   Wenatchee
Subdivision:   Nob Hill Addn
School District:   Wenatchee
-= Assessor Information =-
County:   Chelan
Tax Number:   222003732405
Lot Number:   6
Block Number:   6
Tax Amount:   $2,450   Tax amount may change after sale.
Tax Year:   2018
-= Purchase Information =-
Listing Price:   $549,500
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:   1372351
Listing Status:   Active
Listing Office:   CENTURY 21 Exclusively
Listing Date:   2018-10-06
Cumulative Days on Market*:   72
MLS Area:   971
Lot Size Source:   County
Marketing Remarks:   Remodeled home into a 4plex. All windows have been replaced. Carpet and floor coverings in all units been replaced and updated except unit #1 which will be replaced prior to closing. Also in the building is an office that could easily be converted to a studio (it has kitchen facilities and washer dryer). Walking distance to downtown. Alley parking and street parking total of 7 spaces. Coin op laundry brings in $136 per mo on average. Landscaping professionally done. Owner has waiting list .
-= 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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