Listed by Laura Mounter Real Estate
NOT LISTED FOR SALE

70 Beacon Dr East Wenatchee, WA 98802

-- Bed
-- Bath
4,764 Sq Ft
0.48 Acres

Last Sold May 01, 2024

Last sale price $1,115,000 $234 Per Sq Ft

23 Days on Market

Highlights

  • Mountain View
  • Central Air
  • Wall to Wall Carpet
  • Patio
  • Property is in very good condition

About This Home

As of May 2024

First class multifamily investment opportunity! Better than new, 2-story, 4-plex nestled in the Wenatchee Valley offering STR flexibility, optimal floor plans & quality construction demanding top rents! (4) 2-bed/2-bath units, ~1,200sf, primary bed, fireplace, w/d hookup, central heat/ac, storage, private balcony/patio & carport parking. Proforma GI $96,000/annually with all leases going month-to-month June 2024 resulting in robust NOI, and healthy return on investment. All units have been updated and located in complex comprised of 5, 4-plexes fully landscaped with common area/park located in desirable Fancher Heights! HOA covers garbage, landscaping, snow removal, etc for hands off investment. Let's invest for the future.

Last Agent to Sell the Property

Danny Zavala

Laura Mounter Real Estate License #20116095 Listed on: 03/20/2024

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2208774

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,154

Year Built

  • Built in 2008

Lot Details

  • 0.48 Acre Lot
  • Street terminates at a dead end
  • Sprinkler System
  • Property is in very good condition

HOA Fees

  • $350 Monthly HOA Fees

Property Views

  • Mountain
  • Territorial

Home Design

  • Quadruplex
  • Poured Concrete
  • Composition Roof
  • Wood Composite

Interior Spaces

  • 4,764 Sq Ft Home
  • 2-Story Property

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Vinyl

Parking

  • 8 Parking Spaces
  • Open Parking

Outdoor Features

  • Patio

Schools

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

Utilities

  • Central Air
  • Heat Pump System

Community Details

  • North Plateau Planned Residential Development Condos
  • East Wenatchee Subdivision

Listing and Financial Details

  • Tax Lot 4
  • Assessor Parcel Number 74900000400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,154

Year Built

Built in 2008

Lot Details

0

HOA Fees

$350 per month

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 54 - 4-Plex
  • Year Built: 2008
  • Buyer Agency Compensation: 2.00
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: North Plateau Planned Residential Development
  • New Construction: No
  • CalculatedSquareFootage: 4764
  • EffectiveYearBuiltSource: Public Records
  • Special Features: VirtualTour

Interior Features

  • Possible Use: Residential
  • Fireplace: No
  • Flooring: Laminate, Vinyl, Carpet
  • Interior Amenities: Laminate, Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Fire Sprinklers,See Remarks,Storage

Exterior Features

  • Roof: Composition
  • View: Mountain(s), Territorial
  • Lot Features: Curbs, Dead End Street, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Cement/Concrete, Wood Products
  • Foundation Details: Poured Concrete
  • Property Condition: Very Good
  • Structure Type: Quadruplex

Garage/Parking

  • Carport Spaces: 4
  • Carport Y N: No
  • Open Parking Spaces: 4
  • Open Parking: Yes
  • Total Parking Spaces: 8
  • ParkingUncoveredSpaces: 4

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Cooling: Central A/C, Heat Pump
  • Cooling Y N: Yes
  • Heating: Heat Pump
  • Heating Yn: Yes
  • PowerCompany: Douglas County PUD
  • SewerCompany: Douglas County Sewer District
  • WaterCompany: East Wenatchee Water District
  • WaterSewerGarbage: 4625.11

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 350
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • NWM_OtherDuesOrFeesYN: false

Schools

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

Lot Info

  • Parcel Number: 74900000400
  • Lot Size Acres: 0.48
  • Lot Size Sq Ft: 20909
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Patio,Sprinkler System
  • MLSLotSizeSource: Assessor
  • MLSSquareFootageSource: Assessor
  • ZoningJurisdiction: County
  • ZoningClass: Residential
  • LotNumber: 4

Green Features

  • Power Production Type: Electric

Rental Info

  • GrossRentMultiplier: 15.62
  • LeasedItems: None
  • TotalMonthlyIncome: 6500

Multi Family

  • Gross Scheduled Income: 78000
  • Net Operating Income: 58389
  • Number Of Units Total: 4
  • Electric Expense: 520
  • Insurance Expense: 2111.85
  • Leasable Area: 4944
  • EnergySource: Electric
  • UnitsInBuildingTotal: 4
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2024
  • Tax Annual Amount: 8153.77

MLS Schools

  • Elementary School: Cascade Elem

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
05/01/2024 05/01/24 Sold $1,115,000 -8.5% $234 / Sq Ft
04/12/2024 04/12/24 Pending -- -- --
03/20/2024 03/20/24 For Sale $1,219,000 -- $256 / 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: 2208774

Northwest Multiple Listing Service (NWMLS)