Number of Units:   2

Financial
Water/Sewer/Garbage:   $3,367
Insurance Expenses:   $1,575
Annual Association Dues:   $90
Other Expenses:   $960
Total Expeses:   $8,667
Total Monthly Income:   $3,250
Net Operating Income:   $30,333
Gross Adjusted Income:   $33,098
Gross Scheduled Income:   $39,000
Cap Rate (NOI / Listing Price):   $5.83
Gross Rent Multiplier:   $16.00

-= Building Details =-

Year Built:   1968
Effective Year Built:   1968
Effective Year Built Source:   Public Records
Building Condition:   Good
Number of Stories:   2
Roof:   Composition
Exterior:   Wood Products
Floor Covering:   Laminate, Vinyl
Foundation:   Poured Concrete
Approx. Sq Ft:   2,002
Leased Items:   None

-= Unit Details =-

-= Site Details =-

Lot Size:   5,663 Sq Ft
Lot Size Source:   Seller
Lot Details:   Paved, Sidewalk
View:   Mountain(s), Territorial

Utilities
Energy Source:   Electric
Power Company:   Douglas County PUD
Sewer Company:   Douglas County Sewer District
Water Company:   East Wenatchee Water District
Water Source:   Public

Parking
Number of Uncovered Parking Spaces:   1

-= Location Information =-

Address:   331 11Th Street NE, East Wenatchee, WA 98802
City:   East Wenatchee
State:
Zip Code:   98802
Latitude:   47.42102800
Longitude:   -120.28934500
Driving Directions:   From Ninth Street past the 711 Store turn Left N. Baker St, and then take a right on 11th St NE, the duplex will be on your left.

-= Community Information =-

Community Name:   East Wenatchee
School District:   Eastmont
Elementary School:   Buyer To Verify
Junior High School:   Buyer To Verify
Senior High School:   Buyer To Verify

-= Assessor Information =-

County:   Douglas
Tax Number:   06700001200
General Zoning Classification:   Multi-Family
Zoning Jurisdiction:   City
Tax Amount:   $2,765   Tax amount may change after sale.
Tax Year:   2024

-= Purchase Information =-

Listing Price:   $499,900
Potential Terms:   Cash Out, Conventional, FHA, USDA Loan, VA Loan
3rd Party Approval Required:   None
Possession Allowed:   Subject to Tenant Rights
Preliminary Title Ordered:   Yes

-= MLS Listing Details =-

Listing Number:   2312619
Listing Status:   Active
Listing Office:   Windermere Real Estate/NCW
Listing Date:   2024-11-22
Original Listing Price:   $519,900
MLS Area:   East Wenatchee
Square Footage Source:   Assessor
Lot Size Source:   Seller
Marketing Remarks:   This is a GREAT Investment opportunity! Both units have been fully updated inside, including kitchens, cabinets, fixtures, bathrooms, flooring, and fresh paint. They also have a great rental history and washer and dryer hookups. The units are in a great location, with proximity to shopping, restaurants, schools, and recreational areas. Seller pays $116 for sewer a month and approximately $89 for water.

-= Multiple Listing Service =-

-= 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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