First class multifamily investment opportunity! Better than new, 2-story, 4-plex nestled in the Wenatchee Valley offering STR flexibility, optimal floor plans & quality construction demanding top rents! (4) 2-bed/2-bath units, ~1,200sf, primary bed, fireplace, w/d hookup, central heat/ac, storage, private balcony/patio & carport parking. Proforma GI $96,000/annually with all leases going month-to-month June 2024 resulting in robust NOI, and healthy return on investment. All units have been updated and located in complex comprised of 5, 4-plexes fully landscaped with common area/park located in desirable Fancher Heights! HOA covers garbage, landscaping, snow removal, etc for hands off investment. Let's invest for the future.
Sold
Listed by: Laura Mounter Real Estate • Daniel Zavala
Bought with: ZNonMember-Office-MLS
$1,115,000
70 Beacon Drive, East Wenatchee, WA 98802
--beds
--baths
4,764sqft
Quadruplex, Multi Family
Built in 2008
-- sqft lot
$1,185,100 Zestimate®
$234/sqft
$1,804 Estimated rent
Home value
$1,185,100
$1.09M - $1.28M
$1,804/mo
Zestimate® history
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$1,804/mo
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$1,804/mo
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$7,163/mo
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$7,163/mo
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Zillow last checked:
Listing updated:
Listed by:
Daniel Zavala,
Laura Mounter Real Estate
Bought with:
Non Member ZDefault
ZNonMember-Office-MLS
Source: NWMLS as distributed by MLS GRID,MLS#: 2208774
Facts & features
Interior
Heating
- Heat Pump, Electric
Cooling
- Heat Pump
Features
- Flooring: Laminate, Vinyl, Carpet
- Has fireplace: No
Interior area
- Total structure area: 4,764
- Total interior livable area: 4,764 sqft
Property
Parking
- Total spaces: 8
- Parking features: Open
- Carport spaces: 4
- Uncovered spaces: 4
Features
- Patio & porch: Laminate, Wall to Wall Carpet
- Has view: Yes
- View description: Territorial
Lot
- Size: 0.48 Acres
- Features: Curbs, Dead End Street, Paved, Sidewalk, Patio, Sprinkler System
Details
- Parcel number: 74900000400
- Zoning description: Jurisdiction: County
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: 4-Plex
- Property subtype: Quadruplex, Multi Family
Materials
- Cement/Concrete, Wood Products
- Foundation: Poured Concrete
- Roof: Composition
Condition
- Very Good
- Year built: 2008
- Major remodel year: 2008
Utilities & green energy
- Electric: Company: Douglas County PUD
- Sewer: Sewer Connected, Company: Douglas County Sewer District
- Water: Public, Company: East Wenatchee Water District
Community & HOA
Community
- Subdivision: East Wenatchee
HOA
- HOA fee: $350 monthly
Location
- Region: East Wenatchee
Financial & listing details
- Price per square foot: $234/sqft
- Annual tax amount: $8,153
- Date on market: 4/8/2024
- Cumulative days on market: 835 days
- Listing terms: Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 5/1/2024 | Sold | $1,115,000-8.5%$234/sqft |
Source:  NWMLS as distributed by MLS GRID #2208774 Report a problem | ||
| 4/13/2024 | Pending sale | $1,219,000$256/sqft |
Source: NWMLS as distributed by MLS GRID #2208774 Report a problem | ||
| 3/21/2024 | Listed for sale | $1,219,000$256/sqft |
Source: NWMLS as distributed by MLS GRID #2208774 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: East Wenatchee Bench
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Nearby schools
GreatSchools rating
- 8/10Cascade Elementary SchoolGrades: K-6Distance: 0.9 mi
- 3/10Eastmont Junior High SchoolGrades: 7-9Distance: 2.1 mi
- 4/10Eastmont Senior High SchoolGrades: 10-12Distance: 2.6 mi
Schools provided by the listing agent
- Elementary: Cascade Elem
- Middle: Eastmont Jnr High
- High: Eastmont Snr High
Source: NWMLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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