204 Ridgemont Drive, East Wenatchee, WA 98802
- $449,990
- 1,736
- SqFt
Listing courtesy of Windermere Real Estate/NCW.
- List Price
- $449,990
- Status
- PENDING INSPECTION
- MLS#
- 2285420
- Days on Market
- 11
- Style
- 52 - Duplex
- Building Condition
- Good
- Finished SqFt
- 1,736
- Area Total SqFt
- 1736
- Annual Tax Ammount
- 2730
- Internet Provider
- Spectrum
- Lot Size (sq ft)
- 7,405
- Sewer
- Available
Property Description
If you have been looking to get started in investment properties, here is a great opportunity! This property has successfully operated as a duplex for well over a decade. Keep it going as a rental property, reside in one unit and rent the other or convert back to a single-family dwelling with an ADU. The upper level offers two good size bedrooms, one bathroom, new flooring, carpet, paint and more. Large deck off the kitchen leads to a spacious, fenced backyard. Lower level unit offers one bedroom and one bathroom. The laundry area is currently shared in the garage but lower level has hookups in bathroom. Ample parking for both units. Plus, 1 car garage. Storage shed in backyard stays.
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Additional Information
- List Date
- 2024-09-08 03:21:09
- Community
- East Wenatchee
- Net Operating Income
- $29,626
- Gross Adjusted Income
- $35,910
- Gross Scheduled Income
- $37,800
- Total Monthly Income
- $3,150
- Insurance Expenses
- $1,204
- Water/Sewer/Garbage Expenses
- $1,410
- Gross Rent Multiplier
- 11.9
- Total Expenses
- $6,384
- Cap Rate
- 6.6
- Vacancy Rate
- 5
- Total Number of Units
- 2
- Unit Name
- 204
- Potential Terms
- Cash Out, Conventional, FHA
- Year Built
- 1977
- View
- Territorial
- Roof
- Composition
- Site Features
- Cable TV, Deck, Fenced-Partially, Outbuildings, RV Parking, Sprinkler System
- Electric Expenses
- 940
- Energy Source
- Electric
- School District
- Eastmont
- Elementary School
- Grant Elem
- Middle School
- Eastmont Jnr High
- High School
- Eastmont Snr High
- Total Monthly Income
- $3,150
- Gross Scheduled Income
- $37,800
- Vacancy Rate
- 5
- Gross Adjusted Income
- $35,910
- Tax Year
- 2024
- Insurance Expense
- $1,204
- W/S/G Expenses
- $1,410
- Total Expenses
- $6,384
- Net Operating Income
- $29,626
- Gross Rent Multiplier
- 11.9
- Cap Rate
- 6.6
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.