$799,000

8 Beds 4 Baths 3,840 SQFT 0.28 Acres
Type: Multi-Family

1632 Cross Street # 1
Wenatchee, WA 98801

MLS#: 2576744
Presented by: Premier One Properties and NWMLS

Property Description

 

This immaculate, turnkey 4-plex offers an outstanding opportunity for an investor looking for a well-maintained property with strong rental history, market rents, and immediate income potential. Generating $78,000 in annual gross income with an attractive 7.3% cap rate, this property presents an exceptional opportunity for investors. Each of the four spacious units offers approximately 960 square feet with two generously sized bedrooms and1 full bathroom. Thoughtfully updated throughout, the units feature attractive finishes, in-unit laundry, and all appliances included. Additional value comes from the convenience of off-street parking with one covered space and one uncovered. The property has been exceptionally cared for, making this a true turn-key investment that is ready for its next owner. With quality updates, desirable amenities, strong rental performance, and excellent overall condition, this 4-plex is an opportunity you won’t want to miss! Additional properties also available for sale including MLS #'s 257635, 257641, 2576744, 2576746, 2576754.


 

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
FlooringLaminate, Vinyl Plank, Carpet
Heating Y/NYes
Power Production TypeElectric
Total Fireplaces0
Total Stories2

General

Building Area Units0 sqft
Cap Rate7.3
Carport Spaces4
Carport Y/NNo
CityWenatchee
CoolingWall Unit(s)
CountyChelan
DirectionsTake S Mission South. Right on Terminal. Right on Cross St. Complex on West side of street.
Electric Expense0
Elementary SchoolMission View Elem
Fuel Expense0
Garage Spaces0
HOANo
HOA Fee$0
HeatingBaseboard
High SchoolWenatchee High
High School DistrictWenatchee
Insurance Expense2362
Leasable Area3,840 sqft
Listing TermsCash, Conventional
Living Area0 sqft
Lot Size Square Feet12,197 sqft
Lot Size UnitsSquare Feet
MLS Area971 - Wenatchee
Middle/Junior High SchoolPioneer Mid
NWM_ShowMapLinkY
Net Operating Income59024
New ConstructionNo
Number Of Units Total4
PossessionClosing
Property ConditionVery Good
Property Style54 - 4-Plex
Property SubtypeMulti Family
Property TypeResidential Income
Public RemarksThis immaculate, turnkey 4-plex offers an outstanding opportunity for an investor looking for a well-maintained property with strong rental history, market rents, and immediate income potential. Generat
RoofComposition
Security FeaturesPartially Fenced
Senior Community Y/NNo
SewerSewer Connected
Special Listing ConditionsNone
Standard StatusActive
StatusActive
Structure TypeQuadruplex
Subdivision NameWenatchee
Tax Annual Amount$5,454
Tax Year2026
Unit Number1
Units Below Gradefalse
Units In Building Total4
ViewMountains, Territorial
Water CompanyCity of Wenatchee
Water Sewer Garbage9000
Year Built1994

Exterior

Building Area Total3,840 sqft
Covered Spaces4
Exterior AmenitiesWood Products
Foundation DetailsPoured Concrete
Irrigation Water Rights Y/NNo
Lot FeaturesPaved
Lot Size Acres0.28
Parking Uncovered Total4
Site FeaturesFenced-Partially, High Speed Internet, Patio, Sprinkler System
Total Parking8
Water SourcePublic
Waterfront Y/NNo

Additional Details

Price History

Schools 

Middle School Pioneer Mid
High School Wenatchee High
Elementary School Mission View Elem

  

Similar Properties

$799,000

8 Beds 4 Baths 3,840 SQFT 0.28 Acres
Type: Multi-Family

1632 Cross Street # 1
Wenatchee, WA 98801

MLS#: 2576744