$289,000

8 N 11th Ave

Yakima WA, 98902

Description

Appox cap rate of 11.6% or more. Just updated inside and out, Fully functioning recovery house group home with 12 bedrooms 3 bathrooms. Current rents $350 each room with good occupancy. House manager in place. Net April income after all expenses $2847, gross $3850. Income can be increased by adding people in large bedrooms and converting garage for live in manager (check city codes)Just off Yakima ave, next to Caffe 11th aveCall listing agent to view, do not disturb tenants

Details

MLS#19-1262
Sub-TypeResale
StatusActive
Year1940
Days On Site118

Features

SQ Feet4,338
Units12

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Area Information

StateWA
CityYakima
Zip Code98902
Area2A - Btwn N 1st/16th
Listing VS Median (in 98902)
Price:
$289,000
low | high
Med:
$199,950
80.813148788927% of Average
SqFt:
4,338
low | high
Med:
1,689
100% of Average
$ / SqFt:
$67
low | high
Med:
$133
50.045833922326% of Average
On Site:
118
low | high
Med:
37
100% of Average
Listing Updated: 09/23/2019
MLS Number: 19-1262
Listing Provided By:
Roger Wilson  of  Wilson Real Estate Management LLC
RETS