Listed by The Paragon Group, Bought with KW North Sound
NOT LISTED FOR SALE

332 Terminal Ave Wenatchee, WA 98801

-- Bed
-- Bath
4,688 Sq Ft
0.26 Acres

Last Sold September 08, 2023

Last sale price $649,900 $139 Per Sq Ft

2 Days on Market

Highlights

  • RV Access or Parking
  • Secluded Lot
  • Baseboard Heating
  • Mountain View
  • No HOA
  • Partially Fenced Property

About This Home

As of September 2023

AMAZING INVESTMENT OPPORTUNITY! 4 - 2bed/1.5bath well appointed units minutes to downtown Wenatchee and the Columbia River waterfront! A traditional 4-plex with steady rental income and no delinquency in these 2 bed, 1.5 bath 1200 sq. ft. units. Massive upside for rental rates with little to no renovation needed. Exterior private patios, ample parking and a coin operated laundry room for additional income.

Last Agent to Sell the Property

Ross Hubbard

The Paragon Group License #117280 Listed on: 08/02/2023

Last Buyer's Agent

Amy Wagner

KW North Sound License #24376

KW North Sound

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2146439

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,449

Year Built

  • Built in 1992

Lot Details

  • 0.26 Acre Lot
  • Partially Fenced Property
  • Secluded Lot
  • Property is in good condition

Property Views

  • Mountain
  • Territorial

Home Design

  • Quadruplex
  • Slab Foundation
  • Composition Roof
  • Wood Siding
  • Wood Composite

Interior Spaces

  • 4,688 Sq Ft Home
  • 2-Story Property

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 10 Parking Spaces
  • Open Parking
  • RV Access or Parking

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Window Unit Cooling System
  • Baseboard Heating
  • Heating System Mounted To A Wall or Window
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Loudenbacks Condos
  • Wenatchee Subdivision

Listing and Financial Details

  • Legal Lot and Block 4|5 / 3
  • Assessor Parcel Number 222015680110

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,449

Year Built

Built in 1992

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 54 - 4-Plex
  • Year Built: 1992
  • Buyer Agency Compensation: 3%
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Loudenbacks
  • New Construction: No
  • CalculatedSquareFootage: 4688
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Coin Op Laundry

Exterior Features

  • Roof: Composition
  • View: Mountain(s), Territorial
  • Lot Features: Curbs, Secluded, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood, Wood Products
  • Foundation Details: Slab
  • Property Condition: Good
  • Structure Type: Quadruplex

Garage/Parking

  • Carport Y N: No
  • Open Parking Spaces: 10
  • Open Parking: Yes
  • Parking Features: RV Parking
  • Total Parking Spaces: 10
  • ParkingUncoveredSpaces: 10

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: FullyFenced
  • Cooling: Wall Unit(s), Window Unit A/C
  • Cooling Y N: Yes
  • Heating: Baseboard, Wall Unit(s)
  • Heating Yn: Yes
  • PowerCompany: City of Wenatchee PUD
  • SewerCompany: City of Wenatchee
  • WaterCompany: City of Wenatchee
  • CableConnected: Spectrum
  • InternetConnected: Spectrum
  • WaterSewerGarbage: 10686

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Wenatchee
  • High School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify

Lot Info

  • Parcel Number: 222015680110
  • Lot Size Acres: 0.26
  • Lot Size Sq Ft: 11326
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Fenced-Partially,RV Parking
  • MLSLotSizeSource: Chelan County Assessor
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family
  • LotNumber: 4|5

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 13.4
  • LeasedItems: None
  • TotalMonthlyIncome: 4040

Multi Family

  • Gross Scheduled Income: 48480
  • Net Operating Income: 29418
  • Number Of Units Total: 4
  • Electric Expense: 600
  • Insurance Expense: 1327
  • Leasable Area: 5200
  • EnergySource: Electric
  • UnitsInBuildingTotal: 8
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2022
  • Tax Annual Amount: 6448.96

MLS Schools

  • Elementary School: Buyer To Verify

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
09/08/2023 09/08/23 Sold $649,900 0.0% $139 / Sq Ft
08/04/2023 08/04/23 Pending -- -- --
08/02/2023 08/02/23 For Sale $649,900 +21.5% $139 / Sq Ft
10/11/2018 10/11/18 Sold $535,000 +1.9% $114 / Sq Ft
08/09/2018 08/09/18 Pending -- -- --
07/27/2018 07/27/18 For Sale $525,000 -- $112 / Sq Ft
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: 2146439

Northwest Multiple Listing Service (NWMLS)

APN: 222015680110