Additional details

Listed by:Premier One Properties • Scott Thompson
$1,500,000
Est. payment /mo
0.3 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Commercial Industrial
Listing Status Active
Purchase Type For Sale
Subdivision Wenatchee
MLS Listing ID 2573881
Style 60 - Comm Bldg Und 10K
Year Built 1987
Annual Tax Amount $5,156
Lot Size 0.300 Acres
Property Sub-Type Commercial Industrial
Property Description
Attention investors! Don't miss this excellent opportunity to own a well maintained 5 unit multifamily property offering strong cash flow and long term rental stability. The property consists of two separate buildings: a duplex and a triplex with all five units featuring a desirable 2 bedroom, 1 bathroom floor plan. Each unit is equipped with central air conditioning and a cozy fireplace, providing added comfort and appeal for tenants. Built in 1987 by respected local builder Nevo Tontini, this investment property has a proven rental history with long term tenants already in place, making it an ideal turnkey addition to your portfolio. The functional layout, consistent occupancy, and attractive unit features contribute to its strong income potential. The location is another standout feature. Situated just minutes from downtown, the property is directly across the street from the middle school, close to the elementary school, and offers exceptional convenience with a Link Bus stop located just outside the property. Tenants appreciate the easy access to schools, shopping, dining, services, and public transportation. Whether you're expanding your investment portfolio or purchasing your first multifamily property, this income-producing 5-plex offers a rare combination of stable rental income, desirable amenities, and a prime location. Schedule your showing today and explore the potential this outstanding investment has to offer. Minimum of 48 hours notice to show.
Location
State WA
County Chelan
Area 971 - Wenatchee
Interior
Flooring Laminate, Vinyl Plank, Carpet
Fireplace false
Exterior
Exterior Feature Wood Products
Roof Type Composition
Building
Sewer Sewer Connected
Water Public
Others
Senior Community No
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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Broker License ID: 90947
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