Katz Realty Home PageKatz Realty Office Logo

Property Details for 23 SW Basin St Ephrata WA 98823

MLS # : 1085541

Katz Realty Logo
Property Photo MLS #: 1085541
23 SW Basin St Ephrata WA 98823
Listing Number:   1085541
Listing Price:   $299,000
Number of Units:   6
Lot Size:   10,875 Sq Ft
Total Parking Spaces:   6

Katz Realty, Inc.
509-725-1701
Courtesy:   Keller Williams Western Realty
-= Complex Details =-
Number of Units:   6
Vacancy Rate:   22.00

Financial
Water/Sewer/Garbage:   $6,720
Insurance Expenses:   $1,300
Other Expenses:   $12,060
Total Expeses:   $20,273
Total Monthly Income:   $3,550
Net Operating Income:   $22,327
Gross Adjusted Income:   $22,327
Gross Scheduled Income:   $42,600
Cap Rate (NOI / Listing Price):   $7.50
Gross Rent Multiplier:   $7.00

Unit Rents
Rent Unit 1:   $450
Rent Unit 2:   $425
Rent Unit 3:   $450
Rent Unit 4:   $550
Rent Unit 5:   $625
Rent Unit 6:   $550
-= Building Details =-
Year Built:   1937
Style:   - 5-9 Units
Number of Stories:   2
Roof:   Flat
Exterior:   Brick
Floor Covering:   Laminate Hardwood
Foundation:   Poured Concrete
Approx. Sq Ft:   9,532
Heating & Cooling:   Wall
Leased Items:   None
-= Unit Details =-
Unit 1
Description Unit 1:   1
Sq Ft Unit 1:   340
Bedrooms Unit 1:   1
Bathrooms Unit 1:   1.00
Range/Oven Unit 1:   Yes

Unit 2
Description Unit 2:   2
Sq Ft Unit 2:   340
Bedrooms Unit 2:   1
Bathrooms Unit 2:   1.00
Range/Oven Unit 2:   No

Unit 3
Description Unit 3:   3
Sq Ft Unit 3:   340
Bedrooms Unit 3:   1
Bathrooms Unit 3:   1.00
Range/Oven Unit 3:   Yes

Unit 4
Description Unit 4:   4
Sq Ft Unit 4:   340
Bedrooms Unit 4:   1
Bathrooms Unit 4:   1.00
Range/Oven Unit 4:   Yes

Unit 5
Description Unit 5:   5
Sq Ft Unit 5:   600
Bedrooms Unit 5:   1
Bathrooms Unit 5:   1.00
Range/Oven Unit 5:   Yes

Unit 6
Description Unit 6:   6
Sq Ft Unit 6:   400
Bedrooms Unit 6:   1
Bathrooms Unit 6:   1.00
Range/Oven Unit 6:   Yes
-= Site Details =-
Lot Size:   10,875 Sq Ft
Lot Size Source:   Assessor

Utilities
Energy Source:   Electric

Parking
Number of Carport Spaces:   6
Number of Uncovered Parking Spaces:   6
Total Number of Parking Spaces:   6
-= Location Information =-
Address:   23 SW Basin St
City:   Ephrata
State:   WA
Zip Code:   98823
Latitude:   47.32043700
Longitude:   -119.55206200
Driving Directions:   Downtown Ephrata corner of Basin and Division next to the Bell Hotel.
-= Community Information =-
Community Name:   Ephrata
School District:   Ephrata
-= Assessor Information =-
County:   Grant
Tax Number:   130313000
General Zoning Classification:   Multi-Family
Tax Amount:   $3,275   Tax amount may change after sale.
Tax Year:   2016
-= Purchase Information =-
Listing Price:   $299,000
Potential Terms:   Cash Out, Conventional
Bank Owned:   No
3rd Party Approval Required:   None
Possession Allowed:   Closing, Negotiable, Sub. Tenant's Rights
Seller Disclosure Statement Provided:   Provided
Preliminary Title Ordered:   Yes
-= MLS Listing Details =-
Listing Number:   1085541
Listing Status:   Offer Pending
Listing Office:   Keller Williams Western Realty
Co-listing Office:   Keller Williams Western Realty
Listing Date:   2017-03-03
Cumulative Days on Market*:   320
Pending Date:   2018-01-04
Original Listing Price:   $350,000
MLS Area:   291
Lot Size Source:   Assessor
Virtual Tour URL:   http://www.tourfactory.com/idxr1734001
Marketing Remarks:   Attention Investors: 7.5% Cap Rate with room to grow! Nine Total Units: 3 store fronts on main level. And 6 units upstairs...3 Studio's + 3 0ne Bedroom Apartments. Brand new property management has made many beautiful upgrades. Motivated Seller is a licensed broker in the State of Oregon. This is a must see property!
-= 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.
Terms of Use   Copyright 2003 Katz Realty, Inc. All Rights Reserved. ©   Fair Housing / Equal Opportunity Logo   Privacy Policy   DMCA Notice