Number of Units:   5
Features:   Deck, Fenced-Partially, High Speed Internet, Patio

Financial
Insurance Expenses:   $3,500
Other Expenses:   $500
Total Expeses:   $12,168
Total Monthly Income:   $8,500
Net Operating Income:   $89,832
Gross Adjusted Income:   $102,000
Gross Scheduled Income:   $102,000
Cap Rate (NOI / Listing Price):   $5.48
Gross Rent Multiplier:   $6.00

Year Built:   2013
Effective Year Built:   2013
Effective Year Built Source:   Public Records
Building Condition:   Very Good
Number of Stories:   2
Roof:   Composition
Exterior:   Cement/Concrete, Wood
Floor Covering:   Ceramic Tile, Laminate, Carpet
Foundation:   Block, Poured Concrete
Approx. Sq Ft:   5,215
Leased Items:   None

Lot Size:   8,276 Sq Ft
Lot Size Source:   Assessor
Lot Dimensions:   170 L x 48" W
Lot Details:   Corner Lot
View:   Mountain(s), Territorial

Utilities
Energy Source:   Electric
Power Company:   PUD
Sewer Company:   City
Water Company:   CIty
Water Source:   Public

Parking
Number of Carport Spaces:   1
Number of Uncovered Parking Spaces:   5
Total Number of Parking Spaces:   6

Address:   1201 Monitor Avenue, Wenatchee, WA 98801
City:   Wenatchee
State:   
Zip Code:   98801
Latitude:   47.40754700
Longitude:   -120.30435800
Driving Directions:   Head southeast on S Chelan Ave toward Yakima St, Use the middle lane to turn slightly left onto WA-285 S, Continue straight onto S Mission St, Turn right onto Marr St.

Community Name:   Wenatchee
School District:   Wenatchee
Elementary School:   Abraham Lincoln Elem
Junior High School:   Orchard Mid
Senior High School:   Wenatchee High

County:   Chelan
Tax Number:   222015700135
General Zoning Classification:   Multi-Family
Zoning Jurisdiction:   City
Tax Amount:   $8,168   Tax amount may change after sale.
Tax Year:   2024

Listing Price:   $1,650,000
Potential Terms:   Cash Out, Conventional, Owner Financing
3rd Party Approval Required:   None
Possession Allowed:   Closing, Subject to Tenant Rights
Preliminary Title Ordered:   Yes

Listing Number:   2317063
Listing Status:   Active
Listing Office:   KW NCW
Listing Date:   2024-12-20
MLS Area:   Wenatchee
Square Footage Source:   Owner
Lot Size Source:   Assessor
Marketing Remarks:   This prime turnkey 5-unit property, originally built and updated in 2013, showcases solid craftsmanship, with every aspect modernized to contemporary standards. Featuring a triplex and a spacious, upgraded townhome duplex, it offers versatile options—live in one townhome while renting out the other, or utilize all units as income-generating rentals, each equipped with separate utilities for easy management. The townhomes include covered parking & garage. Zoned Residential High, the property allows for the parcel to be split into two, separating the triplex from the townhomes, further increasing its potential. With its modern upgrades and strategic design, this property presents an exceptional investment opportunity that’s not to be missed!

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.