Bought with Premier One Properties
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408 S Wenatchee AVE Wenatchee, WA 98801
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Key Details
Sold Price $265,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 3,120 sqft
Price per Sqft $84
Subdivision South Wenatchee
MLS Listing ID 2171720
Sold Date 12/12/23
Style 55 - 5-9 Units
Year Built 1910
Annual Tax Amount $1,289
Lot Size 6,098 Sqft
Lot Dimensions 50'x 120'
Property Description
Step into this legendary time capsule and let your imagination run wild. This property is sure to satisfy all your equity, cash flow, business, development, and fixer upper desires. SWBD zoning is very appealing with an array of permitted residential/commercial uses. 3,120 square feet currently configured as 7 units: 4 on the main and 3 upstairs. Right on the edge of downtown location with real nice upper level views. Estimated $125,000/$150,000 renovation with $6,000 - $7,000+ monthly income and $750,000+ value. Rare and unique opportunity to acquire an attractive short term and/or long term investment in the thriving, beautiful and always appreciating Wenatchee Valley.
Location
State WA
County Chelan
Area 971 - Wenatchee
Interior
Interior Features Hardwood, Laminate
Flooring Hardwood, Laminate, Vinyl
Fireplace false
Exterior
Exterior Feature Wood
Amenities Available High Speed Internet, Outbuildings
Waterfront No
View Y/N Yes
View City, Mountain(s), Territorial
Roof Type Built-Up,Cedar Shake
Building
Lot Description Curbs, Paved, Sidewalk
Sewer Sewer Connected
Water Public
New Construction No
Schools
Elementary Schools Buyer To Verify
Middle Schools Buyer To Verify
High Schools Wenatchee High
School District Wenatchee
Others
Senior Community No
Acceptable Financing Cash Out
Listing Terms Cash Out
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