Number of Units:   2
Features:   Cable TV, Fenced-Fully, High Speed Internet, Patio, Sprinkler System
Vacancy Rate:   2.00

Financial
Water/Sewer/Garbage:   $1,560
Insurance Expenses:   $1,200
Other Expenses:   $450
Net Operating Income:   $37,034
Gross Adjusted Income:   $44,570
Gross Scheduled Income:   $45,480
Cap Rate (NOI / Listing Price):   $6.30
Gross Rent Multiplier:   $13.00

New Construction:   Yes
Year Built:   2023
Effective Year Built:   2023
Effective Year Built Source:   Public Records
Number of Stories:   2
Amenities:   Thermal Windows
Roof:   Composition
Exterior:   Wood Products
Floor Covering:   Laminate, Carpet
Foundation:   Poured Concrete
Approx. Sq Ft:   2,832
Leased Items:   None

Lot Size:   6,638 Sq Ft
Lot Size Source:   county
Lot Details:   Alley, Curbs, Paved
View:   City

Utilities
Energy Source:   Electric
Power Company:   Grant County PUD
Sewer Company:   City of Warden
Water Company:   City of Warden
Water Source:   Community

Parking
Number of Uncovered Parking Spaces:   2
Total Number of Parking Spaces:   4

Address:   501 503 S Pine Avenue, Warden, WA 98857
City:   Warden
State:   
Zip Code:   98857
Latitude:   46.96378700
Longitude:   -119.03497900
Driving Directions:   Warden to Pine Avenue

Community Name:   Warden
School District:   Warden

County:   Grant
Tax Number:   060655100
General Zoning Classification:   Multi-Family
Zoning Jurisdiction:   City
Tax Amount:   $5,236   Tax amount may change after sale.
Tax Year:   2025

Listing Price:   $589,000
Potential Terms:   Cash Out, Conventional, FHA, State Bond, USDA Loan, VA Loan
3rd Party Approval Required:   None
Possession Allowed:   Closing
Preliminary Title Ordered:   Yes

Listing Number:   2150171
Listing Status:   Active
Listing Office:   RE/MAX, The Collective
Listing Date:   2023-08-24
Original Listing Price:   $599,000
MLS Area:   South Grant County
Lot Size Source:   county
Marketing Remarks:   ATTENTION INVESTORS!!!! Fully rented on 1-year leases and perfect for generating consistent rental income. Each unit offers 3 bedrooms, 2.5 bathrooms, and over 1, 400 square feet of thoughtfully designed living space. Inside, you’ll find modern finishes, quartz countertops, laminate flooring, and private laundry rooms for added convenience. The fully fenced yards with underground sprinklers provide privacy and low-maintenance outdoor living. A PREFERRED LENDER CREDIT OF UP TO $5890.00 IS AVAILABLE THROUGH GUILD MORTAGE INVESTMENT LOAN SEE IF YOU QUALIFY!!! This is your chance to own a stylish, low-maintenance property. CALL TODAY FOR MORE INFORMATION THIS COULD BE THE INVESTMENT YOU HAVE BEEN LOOKING FOR!!!!!

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.