$495,000
Pending
18 Days Online
6 Beds6 Baths2,971 SQFT
Pending

302 S 8th Ave Yakima, WA 98902

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This OFFERING is for the opportunity to purchase a well-positioned five-unit apartment building and single-family home on a one tax parcel in Central Yakima. The financials are strong, delivering a stable in-place cap rate of 9.17% and a 7.40 GRM. All Tenants have been in place long-term.Situated on a corner lot with five on-site parking spaces and in close proximity to Downtown Yakima, this deal presents a prime opportunity for an investor to purchase a well performing apartment property and single-family residence on R3 zoned land for sub-$500k.This investment delivers a solid ROI in a short amount of time. If cashed-out, this property will pay for itself in 7 years based on current income stream.

  • Property TypeMulti-Family
  • NeighborhoodN/A
  • CountyYakima
  • Taxes$1,990
  • HOA/Condo/Coop Fees$0
  • Days on Site18 Days
  • MLS StatusPending
  • MLS ID Number241026
  • Home Size Source N/A
  • Year Built1925
  • Lot Size0.16 Acres
  • Full Baths6
  • Partial BathsN/A

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