Description
This offering is for a 16 unit multi-family property featuring a balanced mix of one-bedroom and two bedroom apartments. A new owner has upside possibility in increasing rents on some of the units to get them up to market rent. This property is centrally located just one block South from Yakima Avenue and is only 1 block from a public transit stop. This property provides off-street parking for all apartments, storage units for all apartments and two on-site laundry rooms These units are very well taken care of and the current owner has spent a significant amount of money in capital expenditures the last few year which include a new roof a in 2020 and a new main sewer lines in 2024 with a transferable 10 year warranty. Seize the chance to invest in a thriving area with this versatile property, perfect for a range of tenant needs. This is one of three properties of a 45 unit portfolio all in close proximity to each other that can be purchased separately or as a packageSee Offering Memorandum in the documents section for more details.
-
0BEDS
-
0.31ACRES
-
0BATHS
-
01/2 BATHS
-
11,760SQFT
-
$170$/SQFT
School Ratings & Info
Description
This offering is for a 16 unit multi-family property featuring a balanced mix of one-bedroom and two bedroom apartments. A new owner has upside possibility in increasing rents on some of the units to get them up to market rent. This property is centrally located just one block South from Yakima Avenue and is only 1 block from a public transit stop. This property provides off-street parking for all apartments, storage units for all apartments and two on-site laundry rooms These units are very well taken care of and the current owner has spent a significant amount of money in capital expenditures the last few year which include a new roof a in 2020 and a new main sewer lines in 2024 with a transferable 10 year warranty. Seize the chance to invest in a thriving area with this versatile property, perfect for a range of tenant needs. This is one of three properties of a 45 unit portfolio all in close proximity to each other that can be purchased separately or as a packageSee Offering Memorandum in the documents section for more details.
© 2025 Yakima Multiple Listing Service, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Yakima MLS© IDX Program. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Candy Lea Stump | Keller Williams Yakima Valley. Data last updated: 2025-02-13T12:48:57.897.