$1,320,888

11 Beds 7 Baths 5,215 SQFT 0.19 Acres
Type: Multi-Family

1201 Monitor Avenue
Wenatchee, WA 98801

MLS#: 2317063
Presented by: KW NCW and NWMLS

Property Description

 

Turnkey 5-unit in Wenatchee: 3-unit triplex plus two townhomes (one with garage). Immediate income, modern finishes, and easy day-to-day management. Separate water, sewer, and electric meters at every unit. Live in one townhome and let four units work, or rent all five. Listed income $8,500/mo ($109,500 GSI / $96,110 NOI). Covered parking, garage, ductless cooling, mountain and territorial views. 5,215 SF, 11 bed/7 bath, 0.19-acre corner lot, Residential High zoning. Condo conversion or lot-split potential. Public water/sewer. Cash or conventional. A must see!


 

Interior Features

Bedrooms

Bedrooms Upper0

Bathrooms

Baths Full Upper0
Baths Half Upper0
Baths Three Quarter Upper0

Other Interior Features

Air Conditioning Y/NYes
Fireplace Y/NNo
FlooringCeramic Tile, Laminate, Carpet
Heating Y/NYes
Power Production TypeElectric
Total Fireplaces0
Total Stories2

General

Building Area Units0 sqft
Cap Rate6.67
Carport Spaces1
Carport Y/NNo
CityWenatchee
CoolingDuctless
CountyChelan
DirectionsHead southeast on S Chelan Ave toward Yakima St, Use the middle lane to turn slightly left onto WA-285 S, Continue straight onto S Mission St, Turn right onto Marr St.
Electric Expense0
Elementary SchoolAbraham Lincoln Elem
Fuel Expense0
Garage Spaces1
HOANo
HOA Fee$0
HeatingBaseboard, Ductless
High SchoolWenatchee High
High School DistrictWenatchee
Insurance Expense4041
Leasable Area515 sqft
Listing TermsCash, Conventional, Owner Will Carry
Living Area0 sqft
Lot Size Square Feet8,276 sqft
Lot Size UnitsSquare Feet
MLS Area971 - Wenatchee
Middle/Junior High SchoolOrchard Mid
NWM_ShowMapLinkY
Net Operating Income96110
New ConstructionNo
Number Of Units Total5
Open Parking Spaces5
PossessionClosing, Subject To Tenant Rights
Possible UseMulti-Family
Property ConditionVery Good
Property Style55 - 5-9 Units
Property SubtypeMulti Family
Property TypeResidential Income
Public RemarksTurnkey 5-unit in Wenatchee: 3-unit triplex plus two townhomes (one with garage). Immediate income, modern finishes, and easy day-to-day management. Separate water, sewer, and electric meters at every un
RoofComposition
Security FeaturesPartially Fenced
Senior Community Y/NNo
SewerSewer Connected
Special Listing ConditionsNone
Standard StatusActive
StatusActive
Structure TypeMulti Family
Subdivision NameWenatchee
Tax Annual Amount$6,835
Tax Year2024
Units Below Gradefalse
Units In Building Total5
ViewMountains, Territorial
Water CompanyCIty
Water Sewer Garbage1014
Year Built2013
Zoning DescriptionMulti-Family

Exterior

Building Area Total5,215 sqft
Covered Spaces0
Exterior AmenitiesCement/Concrete, Wood
Foundation DetailsBlock, Poured Concrete
Irrigation Water Rights Y/NNo
Lot Dimensions170 L x 48 W
Lot FeaturesCorner Lot
Lot Size Acres0.19
Parking Uncovered Spaces5
Site FeaturesDeck, Fenced-Partially, High Speed Internet, Patio
Water SourcePublic
Waterfront Y/NNo

Additional Details

Price History

Schools 

High School Wenatchee High
Middle School Orchard Mid
Elementary School Abraham Lincoln Elem

  

Similar Properties

$1,320,888

11 Beds 7 Baths 5,215 SQFT 0.19 Acres
Type: Multi-Family

1201 Monitor Avenue
Wenatchee, WA 98801

MLS#: 2317063