1632 Cross Street Unit #1, Wenatchee, WA 98801
- $799,000
- 3,840
- SqFt
Listing courtesy of Premier One Properties.
- List Price
- $799,000
- Status
- ACTIVE
- MLS#
- 2576744
- Days on Market
- 0
- Style
- 54 - 4-Plex
- Building Condition
- Very Good
- Finished SqFt
- 3,840
- Area Total SqFt
- 3840
- Annual Tax Ammount
- 5454
- Internet Provider
- LocalTel
- Lot Size (sq ft)
- 12,197
- Sewer
- Sewer Connected
Property Description
This immaculate, turnkey 4-plex offers an outstanding opportunity for an investor looking for a well-maintained property with strong rental history, market rents, and immediate income potential. Generating $78,000 in annual gross income with an attractive 7.3% cap rate, this property presents an exceptional opportunity for investors. Each of the four spacious units offers approximately 960 square feet with two generously sized bedrooms and1 full bathroom. Thoughtfully updated throughout, the units feature attractive finishes, in-unit laundry, and all appliances included. Additional value comes from the convenience of off-street parking with one covered space and one uncovered. The property has been exceptionally cared for, making this a true turn-key investment that is ready for its next owner. With quality updates, desirable amenities, strong rental performance, and excellent overall condition, this 4-plex is an opportunity you won’t want to miss! Additional properties also available for sale including MLS #'s 257635, 257641, 2576744, 2576746, 2576754.
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Additional Information
- List Date
- 2026-09-03 16:58:14
- Community
- Wenatchee
- Net Operating Income
- $59,024
- Gross Adjusted Income
- $78,000
- Gross Scheduled Income
- $78,000
- Total Monthly Income
- $6,500
- Insurance Expenses
- $2,362
- Water/Sewer/Garbage Expenses
- $9,000
- Gross Rent Multiplier
- 10.24
- Total Expenses
- $18,976
- Cap Rate
- 7.3
- Vacancy Rate
- 25
- Total Number of Units
- 4
- Unit Name
- 1632
- Potential Terms
- Cash, Conventional
- Year Built
- 1994
- View
- Mountains, Territorial
- Roof
- Composition
- Site Features
- Fenced-Partially, High Speed Internet, Patio, Sprinkler System
- Other Expenses
- 2160
- Energy Source
- Electric
- School District
- Wenatchee
- Elementary School
- Mission View Elem
- Middle School
- Pioneer Mid
- High School
- Wenatchee High
- Total Monthly Income
- $6,500
- Gross Scheduled Income
- $78,000
- Vacancy Rate
- 25
- Gross Adjusted Income
- $78,000
- Tax Year
- 2026
- Insurance Expense
- $2,362
- W/S/G Expenses
- $9,000
- Total Expenses
- $18,976
- Net Operating Income
- $59,024
- Gross Rent Multiplier
- 10.24
- Cap Rate
- 7.3
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.IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.