307 S 2nd Street
Yakima, WA 98901
9486 sqft | 0.16 acres | #1805432
Description
Investor Alert! Amazing opportunity to own a 25 Unit Apartment in prime downtown Yakima location with25 - Studio Units. Historically low vacancy rates & professionally managed by local Jevons Property Management. Seller has completed over $65k in renovation value with new units renting out at a gross market rate potential of $14,240/month. Add coin-opp laundry, storage, and CAM for extra monthly income. Current below market rents = great rental upside with rents increasing on a 60 day notice now that the mortarium is over! Close to Yakima Sportsman State Park, all major freeways and close proximity to Yakima Air Terminal.
Interior Details
- InteriorRadiator, Hot Water Recirc Pump, Wall to Wall Carpet, Laminate
Property Details
- Lot DescriptionAlley, Curbs, Paved, Sidewalk
- Exterior MaterialsCement Planked, Wood
- ViewTerritorial
- Exterior FeaturesDeck, Patio
- Stories3
Measurements
- Acres0.1591
- Square Feet9486
Construction Details
- Style56 - 10+ Units
- Property TypeMulti-Family
Condition
- Year Built1915
Material information
- FoundationPoured Concrete
Utilities / Energy Details
- Utility FeaturesSewer Connected, Electric, Natural Gas Connected
- Sewer InformationSewer Connected
- Utility SourcePublic
Community and Neighborhood Details
- SubdivisionYakima
Location
- Elementary SchoolAdams Elem
- High SchoolDavis High
- Middle SchoolWash Mid
- School DistrictYakima
- CountyYakima
Financial Details
- Original List Price$1,499,000
- Taxes Annual$5,403
- Days on Market (Cumulative)50
Other
- MLS #1805432
Legal
The information contained in this listing has not been verified by Northwest Multiple Listing Service (NWMLS) - WA and should be verified by the buyer.
Based on information submitted to the MLS GRID as of 2022-06-13 00:00:00. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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Last Updated: . Source: NWMLS
Listing Courtesy
Listing Agent: Ross Hubbard (#NWM100747)
Listing Office: The Paragon Group (#NWM6730)
Listing Courtesy (Buyer)
Buyer's Agent: Ross Hubbard (#NWM100747)
Buyer's Office: The Paragon Group (#NWM6730)
