Listed by CB Cascade - Wenatchee, Bought with Windermere R.E. Shoreline
NOT LISTED FOR SALE

1020 Eastmont Ave Unit 1-9 East Wenatchee, WA 98802

-- Bed
-- Bath
-- Sq Ft
0.78 Acres

Last Sold November 24, 2021

Last sale price $1,450,000

123 Days on Market

Highlights

  • City View
  • Patio
  • Wall to Wall Carpet
  • Deck
  • Partially Fenced Property

About This Home

As of November 2021

A perfect OPPORTUINTY for the INVESTOR!! Total units (9) 4 units on one parcel and 5 units on another parcel .This is a great location close to all shopping, schools, medical, parks, Link Bus plus a beautiful view of the mountains. Newly resealed parking lot (2020), many units updated . Would be easy to install carports with the new sealed parking. Fenced backyard. . All units except one are 1200 sq ft 2 bedroom, 1.5 bath and either a deck or patio in the back with pretty views. Storage bldg for yard equipment, Laundry bldg coin operated between the 2 sets of Apartment Buildings and a lot of extra storage. Estimated room for at least 18 parking spaces.
Family owned business for many years. Some tenants have rented for many years

Last Agent to Sell the Property

Bitsi George

CB Cascade - Wenatchee License #10459 Listed on: 05/20/2021

CB Cascade - Wenatchee

Last Buyer's Agent

J.C. Gagnaire

Windermere R.E. Shoreline License #20109043

Windermere R.E. Shoreline

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1777790

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,325

Year Built

  • Built in 1977

Lot Details

  • 0.78 Acre Lot
  • Partially Fenced Property
  • Sprinkler System
  • Property is in good condition

Property Views

  • City
  • Mountain
  • Territorial

Home Design

  • Poured Concrete
  • Composition Roof
  • Wood Composite

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Vinyl

Parking

  • 16 Parking Spaces
  • Open Parking

Outdoor Features

  • Deck
  • Patio
  • Outbuilding

Schools

  • Roberteleeelem Elementary School
  • Eastmont Jnr High Middle School
  • Eastmont Snr High School

Additional Features

  • 2-Story Property
  • Cable TV Available

Community Details

  • East Wenatchee Subdivision

Listing and Financial Details

  • Legal Lot and Block 1 / Tx 524/525 lot 1 above canal
  • Assessor Parcel Number 03800000113

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,325

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 55 - 5-9 Units
  • Year Built: 1977
  • Buyer Agency Compensation: 1.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 0
  • SOCComments: 1.5
  • Special Features: None

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Laminate, Vinyl, Carpet
  • Interior Amenities: Laminate, Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: See Remarks

Exterior Features

  • Roof: Composition
  • View: City, Mountain(s), Territorial
  • Lot Features: Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood Products
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: Multi Family
  • ConstructionMethods: Standard Frame

Garage/Parking

  • Carport Y N: No
  • Open Parking Spaces: 16
  • Open Parking: Yes
  • Total Parking Spaces: 16
  • ParkingUncoveredSpaces: 16

Utilities

  • Sewer: Sewer Connected
  • Water Source: See Remarks
  • Security: FullyFenced
  • Heating Yn: Yes
  • Utilities: Cable Connected, Natural Gas Available, Sewer Connected, Electric
  • PowerCompany: Douglas Pud
  • SewerCompany: Douglas Sewer
  • WaterCompany: EWWD
  • WaterSewerGarbage: 11833

Condo/Co-op/Association

  • Senior Community: No
  • Common Interest: Multi-Family

Schools

  • Junior High Dist: Eastmont
  • High School: Eastmont Snr High
  • Middle Or Junior School: Eastmont Jnr High

Lot Info

  • Parcel Number: 03800000113
  • Lot Size Acres: 0.78
  • Lot Size Sq Ft: 33976
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Fenced-Partially,Gas Available,Outbuildings,Patio,Sprinkler System
  • MLSLotSizeSource: Assessor / County
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family
  • LotNumber: 1

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 6
  • LeasedItems: None
  • TotalMonthlyIncome: 11100

Multi Family

  • Gross Scheduled Income: 117557
  • Net Operating Income: 100433
  • Number Of Units Total: 9
  • Insurance Expense: 10864
  • Leasable Area: 9858
  • EnergySource: Electric
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2021
  • Tax Annual Amount: 5325

MLS Schools

  • Elementary School: RobertELeeElem

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/24/2021 11/24/21 Sold $1,450,000 -12.1% --
09/20/2021 09/20/21 Pending -- -- --
09/01/2021 09/01/21 For Sale $1,650,000 0.0% --
08/24/2021 08/24/21 Pending -- -- --
08/07/2021 08/07/21 Price Changed $1,650,000 -8.3% --
07/21/2021 07/21/21 For Sale $1,800,000 0.0% --
07/21/2021 07/21/21 Price Changed $1,800,000 +9.1% --
05/22/2021 05/22/21 Pending -- -- --
05/20/2021 05/20/21 For Sale $1,650,000 -- --
Source: Northwest Multiple Listing Service (NWMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1777790

Northwest Multiple Listing Service (NWMLS)