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415 W Albany

Kennewick, WA 99336
  • $609,000
  • STATUS: Pending Inspect/Feasib
  • ON SITE: 26 Days
  • MLS #: 260881
Pending
UPDATED: 25 min ago
$609,000
  • 5
    BEDS
  • 0.32
    ACRES
  • 6
    BATHS
  • 0
    1/2 BATHS
  • 5,656
    SQFT
  • $108
    $/SQFT
Type:
Multi-Family
Built:
1920
County:
Area:

School Ratings & Info

School District:

Description

MLS# 260881 7 unit apartment complex consisting of (3) one bedroom apartments, (3) studio apartments, and (1) two bedroom apartment. There is a main building with 5 units, and 2 stand alone units on the property. 6 of the 7 are currently rented. There are 4 recent leases, 2 have month to month and 1 recent vacancy. Current rent with the vacancy is $4450 per month. Rents are below market, so there is opportunity to increase income as leases expire. There is a laundry room which you could install a coin op laundry for additional income. There is an unused portion of the property which is bare land. It is a possible opportunity to add additional units, or a small storage facility for even more additional income. Property tours subject to accepted offer only. DO NOT DISTURB THE TENANTS. Contact listing broker for Rent Roll and Financial Statements.

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© 2022 Pacific Regional Multiple Listing Service. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Phipps Team | eXp Realty. Data last updated: 2022-05-22T22:39:38.477.
www.509realestate.com/homes/128050730
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415 W Albany Kennewick, WA 99336

  • Price: $609,000
  • Status: Pending Inspect/Feasib
  • On Site: 26 Days
  • Updated: 25 min ago
  • MLS #: 260881
5
Beds
6
Baths
0
½ Baths
0.32
Acres
5,656
SQFT
$108
$/SQFT
1920
Built
County:
Benton
Area:
Kennewick
School District:
Kennewick
Property Description
MLS# 260881 7 unit apartment complex consisting of (3) one bedroom apartments, (3) studio apartments, and (1) two bedroom apartment. There is a main building with 5 units, and 2 stand alone units on the property. 6 of the 7 are currently rented. There are 4 recent leases, 2 have month to month and 1 recent vacancy. Current rent with the vacancy is $4450 per month. Rents are below market, so there is opportunity to increase income as leases expire. There is a laundry room which you could install a coin op laundry for additional income. There is an unused portion of the property which is bare land. It is a possible opportunity to add additional units, or a small storage facility for even more additional income. Property tours subject to accepted offer only. DO NOT DISTURB THE TENANTS. Contact listing broker for Rent Roll and Financial Statements.
Exterior Features

Exterior BlockWood Siding Foundation Concrete Garage Parking Carport AttachedCarport-1 CarOff Street Spaces Garage Per Unit None Garage Type Carport Irrigation Water Source Columbia Basin Irr Dist Roof Composition Shingle

Interior Features

Air Conditioning Air Windowã‚ÂElectric Appliances DishwasherGarbage DisposalOven/Built InRange/OvenRefrigerator Basement Daylight Heating System BaseboardElectricWall Interior Features Carpet(S)Laminate Sq Ft Below Ground 1386

Property Features

1031 Exchange YN No Annual Taxes 3639.65 Auction No Bank Owned No For Sale Or Rent For Sale HUD No Irrigation Assessment 245.88 Multifamily Type Five+ Plex Owner Financing YN No Possession ClosingRenters Rights Property Description Loc in City LimitsRecorded Plat Map Sale Includes Leases Special Tax Designation YN No Subdivision Amon Knwck Tax Year 2022 Utilities Appl-ElectricElectric Water Sewer Public WaterSewer Connected Zoning Type Multi-Family Re

Listing provided courtesy of Edge Real Estate. © 2022 Multiple Listing Service of Pacific Regional Multiple Listing Service.


© 2022 Pacific Regional Multiple Listing Service. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Phipps Team | eXp Realty. Data last updated: 2022-05-22T22:39:38.477.
 
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The Phipps Team | eXp Realty
4310 W 24th Ave, Suite 240
Kennewick WA, 99338