For Sale by Owner $315,000 Centrally located 4 plex in Kennewick. The unit is located in a quiet culdesac off 19th. Currently fully occupied with rents coming in at $750, with exception of the most current rented unit at $850. Total of $3,100 monthly income. Great rental history. Can be purchased as Owner Occupied or as a rental property. Three units are two bedrooms with one bath. One unit is a Master Suite with wet bar, hot sauna, shower, tub, and dual sink. All units have washers and dryers included inside the units. Additionally there are 4 detached enclosed parking garages or car ports. Ample parking both in the front and the back of the building. Mature landscaped private back yard. Inground sprinklers operated off KID. The total square footage is 3,898sqft, with each unit being about 975sqft. And the entire property measures .26 acres. Viewings by appointment only and to be coordinated with respective tenants. Do not bother tenants. 3611 W 17th Place Kennewick, WA 99336 Yearly Monthly Actual $ Actual Revenues Rents Apt #A $795mo $9,540 $795 Apt #B $850mo $10,200 $850 Apt #C $800mo $9,600 $800 Apt #D $750mo $9,000 $750 Total Income $38,340 $3,195 Expenses Insurance $648 $54 Taxes $3,236 $270 Utilities City of Kennewick $1,080 $90 Utilities Waste Management $540 $45 Repairs/Replacements/Appliance $1,206 $101 Lawn Maint. $2,249 $187 Cleaning $865 $72 Total Expenses $9,824 $819 Net Real Estate Income (Loss) $28,516 $2,376 Cash Available to Fund Debt Service $28,516 $2,376 Net Profit (Loss) (Schedule E) $28,516 $2,376 30yr / 3.6% Rate / 20%Down (65,800) $14,376 $1,198 Margin After Payment: $14,140 $1,178 30Yr / 3.6% Rate / 3.5% Down ($11,515) $17,352 $1,446 Margin After Payment: $11,164 930
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