Skip To Content

307 S 2nd Street

Yakima, WA 98901
  • $1,499,000
  • STATUS: Pending
  • ON SITE: 316 Days
  • MLS #: 1805432
Under Contract
UPDATED: 35 min ago
$1,499,000
  • 0
    BEDS
  • 0.16
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 9,486
    SQFT
  • $158
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1915
County:

School Information

Elementary School:
Middle School:
High School:
School District:
Listing Courtesy of The Paragon Group.

Description

Investor Alert! Amazing opportunity to own a 25 Unit Apartment in prime downtown Yakima location with25 - Studio Units. Historically low vacancy rates & professionally managed by local Jevons Property Management. Seller has completed over $65k in renovation value with new units renting out at a gross market rate potential of $14,240/month. Add coin-opp laundry, storage, and CAM for extra monthly income. Current below market rents = great rental upside with rents increasing on a 60 day notice now that the mortarium is over! Close to Yakima Sportsman State Park, all major freeways and close proximity to Yakima Air Terminal.

Monthly Payment Calculator



The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Brantley Christianson Real Estate LLC are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2022-05-22T21:15:31.13.

www.brantleychristianson.com/homes/119172716
Print Image

307 S 2nd Street Yakima, WA 98901

  • Price: $1,499,000
  • Status: Pending
  • On Site: 316 Days
  • Updated: 35 min ago
  • MLS #: 1805432
0
Beds
0
Baths
0
½ Baths
0.16
Acres
9,486
SQFT
$158
$/SQFT
1915
Built
Neighborhood:
Yakima
County:
Yakima
Area:
Yakima County
Elementary School:
Adams Elem
Middle School:
Wash Mid
High School:
Davis High
School District:
Yakima
Property Description
Investor Alert! Amazing opportunity to own a 25 Unit Apartment in prime downtown Yakima location with25 - Studio Units. Historically low vacancy rates & professionally managed by local Jevons Property Management. Seller has completed over $65k in renovation value with new units renting out at a gross market rate potential of $14,240/month. Add coin-opp laundry, storage, and CAM for extra monthly income. Current below market rents = great rental upside with rents increasing on a 60 day notice now that the mortarium is over! Close to Yakima Sportsman State Park, all major freeways and close proximity to Yakima Air Terminal.
Exterior Features

Carport Spaces 0 Carport YN No Covered Spaces 0 Exterior Features Cement PlankedWood Lot Features AlleyCurbsPavedSidewalk Open Parking Spaces 25 Open Parking YN Yes Parking Total 25 Parking Uncovered Spaces 25 Roof Composition Structure Type Multi Family Style Code 56 - 10+ Units View Territorial View YN Yes Waterfront YN No

Interior Features

Building Area Total 9486 Fireplace YN No Flooring LaminateVinyl PlankCarpet Furnished Unfurnished Heating Cooling Type BaseboardHot Water Recirc PumpRadiator Heating YN Yes Interior Features RadiatorHot Water Recirc PumpWall To Wall CarpetLaminate Living Area 0 Square Footage Finished 0 Square Footage Unfinished 0

Property Features

Amenities BasementSee RemarksStorageThermal Windows Association Fee 0 Building Name Town Of North Yakima Energy Source ElectricNatural Gas FIRPTAYN No First Right Of Refusal No Foundation Details Poured Concrete Green Energy Efficient Thermal Windows Irrigation Water Rights YN No Listing Terms Cash OutConventional Lot Number 13 Net Operating Income 105740 New Construction YN No Possession ClosingTenant's Rights Possible Use Multi-Family Power Company Pacific Power Power Production Type ElectricNatural Gas Property Sub Type Multi-Family Senior Community YN No Sewer Sewer Connected Sewer Company City Of Yakima Site Features DeckPatio Special Listing Conditions None Tax Annual Amount 5403 Tax Year 2021 Units In Building Total 25 Utilities Sewer ConnectedElectricity AvailableNatural Gas Connected Water Company City Of Yakima Water Source Public Year Built Effective 1958 Zoning Class Multi-Family Zoning Jurisdiction City

Listing information © 2022 Northwest Multiple Listing Service. Information is based on data available to the associate, including county records. The information contained in this listing has not been verified by Brantley Christianson Real Estate LLC and should be verified by the buyer.


The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Brantley Christianson Real Estate LLC are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2022-05-22T21:15:31.13.

 
https://bt-photos.global.ssl.fastly.net/nwmls/orig_boomver_1_1805432-1.jpg https://bt-photos.global.ssl.fastly.net/nwmls/orig_boomver_1_1805432-1.jpg https://bt-photos.global.ssl.fastly.net/nwmls/orig_boomver_1_1805432-1.jpg
Logo
Brantley Christianson Real Estate LLC
2005 SE 192nd Ave
Camas WA, 98607
Listing Courtesy of The Paragon Group.