Well-maintained fourplex offering strong cash flow with a 8.89% cap rate at the asking price! Situated in a convenient Wenatchee location with easy access to shopping, employment, and transportation, this investment property features separately metered units, helping minimize owner expenses. Tenants enjoy ample off-street parking, coin-operated laundry, and alley access. The Residential High zoning presents potential future development opportunities, with possible room for additional units (buyer to verify feasibility). Numerous updates throughout and consistent maintenance make this a turnkey investment with immediate income and long-term upside.
| MLS # | 2564337 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1918 |
| Days On Site | 35 |
| Listing Provided By | John L. Scott Wenatchee | Nicole Begin |
| SQ Feet | 2,874 |
|---|---|
| Garage | 1 |
| Story(s) | 2 |
| Units | 4 |
| Zoning | Multi-Family,See Remarks |
| Acreage | 0.14 |
| Property View | Yes |
| Property | 2853 |
|---|
| State | WA |
|---|---|
| County | Chelan |
| City | Wenatchee |
| Zip Code | 98801 |
| Area | 971 Wenatchee |
| Community Name | Wenatchee |
| Listing VS Median (in Wenatchee) | |
Price: $695,000 low | high Med: $525,000 sqft: 2,874 low | high Med: 1,722 $ / sqft: $242 low | high Med: $305 On site: 35 low | high Med: 56 | |
| State | WA |
|---|---|
| County | Chelan |
| City | Wenatchee |
| Zip Code | 98801 |
| Area | 971 Wenatchee |
| Community Name | Wenatchee |
| Listing VS Median (in Wenatchee) | |
Price: $695,000 low | high Med: $525,000 sqft: 2,874 low | high Med: 1,722 $ / sqft: $242 low | high Med: $305 On site: 35 low | high Med: 56 | |