702 N 2nd Street Yakima, WA 98902
Great multi-family investment opportunity! Nice apartment building with 10 1-bed units, five on each level. Units are in good condition. The majority have been remodeled & the remaining few get renovated upon a move-out. Building has new exterior paint (2022) & new roof (2017). Shared laundry room. All units on separate meters. Off-street parking spaces for all units. Landlord pays electricity just for common areas & laundry room. Tenants pay their own electric. Add'l. income of $720 annually for laundry room. This is a good performing asset w/pay-on-time tenants. Vacancy rates are less than 1% usually with a waiting list. Good location close to retail & commercial areas. CAP RATE:6.1 - managed professionally. Total rents are: $7675/month.
- Property TypeMulti-Family
- NeighborhoodYakima
- CountyYakima
- Taxes$4,479
- HOA/Condo/Coop Fees$0
- Days on Site236 Days
- MLS StatusActive
- MLS ID Number2166785
- Home Size Source N/A
- Year Built1973
- Lot Size0.19 Acres
- Full BathsN/A
- Partial BathsN/A
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General Features
- Parking Spaces 0
- Number of Stories 2
- Acreage 0.19
- Water Public
- Property Sub Type Multi Family
- Sewer Sewer Connected
- Lot Features CurbsSidewalk
- Parking Total 0
Interior Features
- Cooling Wall Unit(s)
- Heating BaseboardWall Unit(s)
- Flooring VinylVinyl PlankCarpet
- Interior Wall to Wall Carpet
- Fireplaces 0
- Fireplace No
Exterior Features
- Roof Composition
- Waterfront Property No
- Exterior Wood
- Lot CurbsSidewalk
Community Features
- Association Dues 0
- Senior Community No
- MLS Area 475 - Yakima County