Listed by CB Cascade - Wenatchee, Bought with The Paragon Group
NOT LISTED FOR SALE

535 S Walker Ave Wenatchee, WA 98801

-- Bed
-- Bath
3,672 Sq Ft
6,098 Sq Ft Lot

Last Sold September 14, 2018

Last sale price $470,000 $128 Per Sq Ft

Highlights

  • Mountain View
  • Wood Siding
  • Wall to Wall Carpet
  • Patio

About This Home

As of September 2018

Fantastic investment opportunity! Seven (7) one bedroom units and 1 studio unit with coin operated laundry. Pre-inspection done with many repairs and modifications already completed. This property may be eligible for portfolio financing and would be perfect as the identified property for a 1031 Exchange. Stable rental history leaves vacancy rate at less than 1%

Last Agent to Sell the Property

Shannon Kraft

CB Cascade - Wenatchee License #128013 Listed on: 09/14/2018

CB Cascade - Wenatchee

Last Buyer's Agent

Ross Hubbard

The Paragon Group License #117280

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1362142

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,192

Year Built

  • Built in 1938

Lot Details

  • 6,098 Sq Ft Lot
  • Property is in average condition

Property Views

  • Mountain
  • Territorial

Home Design

  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 3,672 Sq Ft Home
  • 3-Story Property

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 8 Parking Spaces
  • Open Parking

Additional Features

  • Patio
  • Natural Gas Connected

Community Details

  • Wenatchee Subdivision

Listing and Financial Details

  • Assessor Parcel Number 222010815028

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,192

Year Built

Built in 1938

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 55 - 5-9 Units
  • Year Built: 1938
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 3672
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Wall to Wall Carpet
  • Stories: 3
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Coin Op Laundry

Exterior Features

  • Roof: Composition
  • View: Mountain(s), Territorial
  • Lot Features: Curbs, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Average
  • Structure Type: Multi Family

Garage/Parking

  • Carport Y N: No
  • Open Parking Spaces: 8
  • Open Parking: Yes
  • Total Parking Spaces: 8
  • ParkingUncoveredSpaces: 8

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Utilities: Sewer Connected, Electric, Natural Gas Connected
  • PowerCompany: Chelan County PUD
  • SewerCompany: City of Wenatchee
  • WaterCompany: City of Wenatchee
  • WaterSewerGarbage: 3780

Schools

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

Lot Info

  • Parcel Number: 222010815028
  • Lot Size Acres: 0.14
  • Lot Size Sq Ft: 6098
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Patio
  • MLSLotSizeSource: Assessor/Tax Roll
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric, Natural Gas

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 8
  • LeasedItems: None
  • TotalMonthlyIncome: 5175

Multi Family

  • Gross Scheduled Income: 62100
  • Net Operating Income: 52596
  • Number Of Units Total: 8
  • Insurance Expense: 2532
  • Leasable Area: 3672
  • UnitsInBuildingTotal: 8
  • UnitsBelowGrade: false
  • VacancyRate: 1

Tax Info

  • Year: 2018
  • Tax Annual Amount: 3192

MLS Schools

  • Elementary School: Buyer To Verify

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
09/14/2018 09/14/18 Sold $470,000 0.0% $128 / Sq Ft
09/14/2018 09/14/18 For Sale $470,000 -- $128 / 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: 1362142

Northwest Multiple Listing Service (NWMLS)