Listed by The Paragon Group
NOT LISTED FOR SALE

120 S Cascade St Kennewick, WA 99336

-- Bed
-- Bath
-- Sq Ft
0.38 Acres

Last Sold March 21, 2024

Last sale price $600,000

52 Days on Market

Highlights

  • No HOA
  • Baseboard Heating
  • 1-Story Property

About This Home

As of March 2024

Renovated from top to bottom with high-end interior finishes, this 5-unit property has stabilized rents and expenses, providing a turnkey investment opportunity. Located near major thoroughfares, recreation areas, and employers, Cascade5 is close to all major tenant amenities, and is within walking distance to a vibrant and growing downtown Kennewick.

Last Agent to Sell the Property

Mason Fiascone

The Paragon Group License #20115181 Listed on: 01/04/2024

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2188658

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,956

Year Built

  • Built in 1950 | Remodeled

Lot Details

  • 0.38

Home Design

  • Brick Exterior Construction
  • Composition Roof

Interior Spaces

  • 1-Story Property
  • Laminate Flooring

Parking

  • 5 Parking Spaces
  • Open Parking

Schools

  • Amistad Elementary School
  • Park Mid Middle School
  • Kennewick High School

Additional Features

  • 0.38 Acre Lot
  • Baseboard Heating

Community Details

  • No Home Owners Association
  • Kennewick Subdivision

Listing and Financial Details

  • Assessor Parcel Number 101891060011004

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,956

Year Built

Built in 1950 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 55 - 5-9 Units
  • Year Built: 1950
  • Buyer Agency Compensation: 3
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 0
  • Special Features: None
  • Cumulative Days on Market: 396

Interior Features

  • Possible Use: Multi-Family, Residential
  • Fireplace: No
  • Flooring: Laminate
  • Interior Amenities: Laminate Hardwood
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • Lot Features: Paved
  • View: No
  • Waterfront: No
  • Exterior Features: Brick
  • Property Condition: Remodeled
  • Structure Type: Multi Family

Garage/Parking

  • Carport Y N: No
  • Open Parking Spaces: 5
  • Open Parking: Yes
  • Total Parking Spaces: 5
  • ParkingUncoveredSpaces: 5

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Cooling: Other – See Remarks
  • Cooling Y N: Yes
  • Heating: Baseboard
  • Heating Yn: Yes
  • WaterSewerGarbage: 4954

Condo/Co-op/Association

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

Schools

  • Junior High Dist: Kennewick
  • High School: Kennewick High
  • Middle Or Junior School: Park Mid

Lot Info

  • Parcel Number: 101891060011004
  • Lot Size Acres: 0.3787
  • Lot Size Sq Ft: 16496
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: Benton County
  • ZoningClass: Multi-Family,Residential

Green Features

  • Power Production Type: Electric

Rental Info

  • GrossRentMultiplier: 9.64
  • LeasedItems: None
  • TotalMonthlyIncome: 5317

Multi Family

  • Gross Scheduled Income: 63798
  • Net Operating Income: 46617
  • Number Of Units Total: 5
  • Electric Expense: 2477
  • Insurance Expense: 1725
  • Leasable Area: 3960
  • EnergySource: Electric
  • UnitsInBuildingTotal: 5
  • UnitsBelowGrade: true
  • VacancyRate: 0

Tax Info

  • Year: 2023
  • Tax Annual Amount: 3956

MLS Schools

  • Elementary School: Amistad Elem

Range of Values:

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Sold Price
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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
03/21/2024 03/21/24 Sold $600,000 -2.4% --
01/04/2024 01/04/24 For Sale $615,000 -- --
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: 2188658

Northwest Multiple Listing Service (NWMLS)