204 SE 12TH ST, College Place, WA 99324

$995,000
5,610
SqFt

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List Price
$995,000
Price Change
▼ $55,000 1764139641
Days on Market
340
MLS#
390592208
Property Type
Multifamily
Sqft. of Residence
5,610
Lot Size
20, 000 SqFt to .99 Acres
Region
Walla Walla County
Status
ACTIVE

Property Description

TURN-KEY APARTMENT INVESTMENT PROPERTY with professional property management and tenants in place. Eight Unit Apartment includes SIX 2 bedroom & 1 bath units, ONE 1 bedroom one bath unit, and ONE studio unit. Open kitchen with renovated fixtures, paint, floorings and all units have new Heat/AC mini-split systems. Property is 100% rented after 2 years of renovations and stabilization.  Property is conditionally underwritten for a 30 Year - 70% LTV loan and or OWNER FINANCING with LOW RATE. Excellent 1031 Exchange opportunity!

Additional Information

Tax Amount
$5,552
Year Built
1925
High School
College Place
Elementary School
Other
Middle School
Sager
Acres
0.62
Living Area
5,610
Stories
1
Terms
Cash, Conventional, Other
Cooling Description
Mini Split, Wall Unit(s)
Fuel Description
Electricity
Heating Description
Mini Split, Wall Heater
Hoa Rent Includes
Maintenance Grounds, Sewer, Trash Collection, Water
Hot Water Description
Electricity
Exterior Description
Lap Siding
Roof Type
Composition
Sewer Description
Public Sewer
Waterfront Description
Other
View
Territorial
Parking
Covered, Open
Waterfront
Yes
Parking Description
Covered, Open
Road Surface
Paved
Number Of Units Total
8
Unit Type One Baths Total
1
Unit Type One Beds Total
2
Unit Type One Rent
1225
Unit Type One Sq Ft
800
Unit Type One Units Total
1
Unit Type Two Baths Total
1
Unit Type Two Beds Total
1
Unit Type Two Units Total
1
Unit Type Three Baths Total
1
Unit Type Three Beds Total
2
Unit Type Three Rent
1195
Unit Type Three Sq Ft
800
Unit Type Three Units Total
1
Unit Type Four Baths Total
1
Unit Type Four Beds Total
2
Unit Type Four Rent
950
Unit Type Four Sq Ft
800
Unit Type Four Units Total
1
Unit Type Five Rent
700
Unit Type Five Sq Ft
210
Unit Type Five Units Total
1

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Calculator source: Real Geeks

Listing courtesy of Coldwell Banker Bain.

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