$1,499,000
Pending

307 S 2nd Street

Yakima, WA 98901
Courtesy of The Paragon Group
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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.
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  • Interior Details
    • Heating & Cooling
      • Heating:Baseboard, Hot Water Recirc Pump, Radiator
    • Interior Features
      • Interior:Radiator, Hot Water Recirc Pump, Wall to Wall Carpet, Laminate
  • Property Details
    • Property
      • View:Territorial
      • Stories:3
      • Lot description:Alley, Curbs, Paved, Sidewalk
      • Exterior features:Deck, Patio
      • Exterior materials:Cement Planked, Wood
    • Measurements
      • Acres:0.1591
      • Square Feet:9486
  • Construction Details
    • Type & Style
      • Architectural style:56 - 10+ Units
    • Condition
      • Year built:1915
    • Material information
      • Foundation:Poured Concrete
  • Utilities / Energy Details
    • Utility
      • Sewer information:Sewer Connected
      • Utility source:Public
      • Utility features:Sewer Connected, Electricity Available, Natural Gas Connected
  • Community and Neighborhood Details
    • Location
      • School district:Yakima
      • Elementary School:Adams Elem
      • Middle School:Wash Mid
      • High School:Davis High
      • County:Yakima
    • Community
      • Subdivision:Yakima
  • Financial Details
    • Pricing Details
      • Original list_price:$1, 499, 000
      • Selling office_commission:3
      • Annual taxes:$5, 403
  • Other
    • Source
      • MLS #:1805432

Location

Jennifer Talbot-MantoothReal Estate Group
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