Address
307 S 2nd Street Yakima, WA
Price
$ 1,499,000
Property Attributes
  • ID#255147
  • TypeMulti-Family
  • CountyYAKIMA
  • CityYakima
  • AreaTri-City Area
  • NeighborhoodNone-Na
  • Zip98901
  • StyleApartment Complex
  • Year Built1915
  • Taxes$ 5403
  • Price$ 1,499,000
  • Bedrooms25
  • Full Bathrooms6
  • Half Bathrooms0
  • Sqr Footage9486
Listing Provided Courtesy Of:
The Paragon Group
Data Source:
Tri-City AOR - 163 - WA
Property Description

MLS# 255147 Investor Alert! Amazing opportunity to own a 25-unit apartment building in prime downtown Yakima location with 1bed 1bath and studio units. Historically low vacancy rates and professional managed by local Jevons Property Management. Seller has completed more than $65k in renovation value with new units renting out at a gross market rate potential of $14,240 month. Add coin-op laundry, syorage, and CAM for extra monthly income. Current below market rents = great rental upside with rents increasing on a 60-day notice now that the moratorium is over. Close to Yakima Sportsman State Park, all major freeways, and close proximity to Yakima Air Terminal.

Price History
7/20/2021 Listed $1,499,000

General Features

Appliances Range/Oven, Refrigerator
Bathrooms 6+
Beds 25
Class MULTI-FAMILY
Garage Features Off Street Spaces
HUD No
Heating Baseboard
Interior Features Carpet(s), Laminate, Vinyl
Listing Area Yakima
Price Per Sq Ft 158.02
Roof Composition Shingle
Status Active
Status Active
Subdivision NONE/NA
Tax Year 2021
Type Apartment Complex
Utilities Electric, Gas
Year Built 1915
Zoning MULTI-FAMILY RE

Interior Features

# of Units 25

Exterior Features

Exterior Concrete Board, Wood Siding
Garage Per Unit None
Garage Type None
Water/Sewer Public Water

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 98901

Price
AVG $750K
$1.5M
Taxes
AVG $2,883
$5,403
Year Built
AVG 1931
1915

Looking for a more comfortable experience?

Download our mobile app for a personalized browsing experience.