Skip To Content

    404 S Mission St

    Wenatchee, WA 98801
    • $325,000
    • STATUS: Active
    • ON SITE: 13 days
    • MLS #: 724740
    UPDATED: 106 min ago
    $325,000
    • 0
      BEDS
    • 0.11
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1914
    County:
    Area:

    School Information

    Elementary School:
    Middle School:
    High School:

    Description

    Attention Investors!!! Located in the heart of the South Wenatchee Business District, this home is grandfathered in & can still be used as a duplex or the main floor can be used as a commercial space & the upper unit can continue to be rented as residential income property. Lower unit currently vacant. Estimated monthly rental income potential of $1,200 or more. Upper unit is already rented for you with long term tenant that stays current on rent! Each unit separately metered for power. Lower unit electrical panel updated in 2015. Exterior freshly painted. Lower unit has fresh interior paint. Bill board generates $1,200 annually. Large backyard storage shed could be rented to tenants to generate even more income. Potential Cap Rate of 8%!!!

    Monthly Payment Calculator

    © 2021 North Central Washington Association of REALTORS® Multiple Listing Service, Inc. 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 Nick McLean Real Estate Group.
    www.nickmcleanrealestate.com/homes/121046302
    Print Image

    404 S Mission St Wenatchee, WA 98801

    • Price: $325,000
    • Status: Active
    • Updated: 106 min ago
    • MLS #: 724740
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.11
    Acres
    1914
    Built
    Neighborhood:
    Wenatchee
    County:
    Chelan
    Area:
    Wenatchee
    Elementary School:
    Newbery
    Middle School:
    Foothills
    High School:
    Wenatchee
    Property Description
    Attention Investors!!! Located in the heart of the South Wenatchee Business District, this home is grandfathered in & can still be used as a duplex or the main floor can be used as a commercial space & the upper unit can continue to be rented as residential income property. Lower unit currently vacant. Estimated monthly rental income potential of $1,200 or more. Upper unit is already rented for you with long term tenant that stays current on rent! Each unit separately metered for power. Lower unit electrical panel updated in 2015. Exterior freshly painted. Lower unit has fresh interior paint. Bill board generates $1,200 annually. Large backyard storage shed could be rented to tenants to generate even more income. Potential Cap Rate of 8%!!!
    Exterior Features

    Decks And Patio Deck Exterior Finish Wood Fence Rear Yard Foundation BlockConcreteMixed Location AlleySee Remarks Parking Alley Or On Street Roof Metal View MountainRiverTerritorial

    Interior Features

    Air Window Unit Fireplace Living RoomWood Stove Floor Covering CarpetLaminateTileVinylWood Heat BaseboardWallWood Interior Features Cable TvDryerWasher Kitchen DishwasherDisposalMicrowaveOven/RangeRefrigerator Laundry Room 220 V ElecKitchen AreaYes Stories 2

    Property Features

    City Limits YN Yes Financing Types CashConventionalFha Flood Zone No Gas Natural Gas Horses Allowed No Junior High School Buyer To Verify Possession Coe REO No Residential Income Type Multi-Family Sewer YN CityYes Short Sale No Sub Cities N/A Taxes $290 Terms Acceptable To Seller Water Public Zoning Swbd

    Listing provided courtesy of Shannon Kraft of Coldwell Banker Cascade Real Estate.
    © 2021 North Central Washington Association of REALTORS® Multiple Listing Service, Inc. 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 Nick McLean Real Estate Group.
     
    https://bt-photos.global.ssl.fastly.net/ncwash/1280_boomver_1_724740-2.jpg https://bt-photos.global.ssl.fastly.net/ncwash/1280_boomver_1_724740-2.jpg https://bt-photos.global.ssl.fastly.net/ncwash/1280_boomver_1_724740-2.jpg
    Logo
    Nick McLean Real Estate Group
    29 S. Wenatchee Ave.
    Wenatchee WA, 98801