307 S 2nd Street
307 S 2nd Street Yakima, Washington 98901 United States

$1,499,000
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MLS# 255147 Investor Alert! Amazing opportunity to own a 25-unit apartment building in prime downtown Yakima location with 1bed/1bath and studio units. Historically low vacancy rates and professional managed by local Jevons Property Management....
$1,499,000
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25
Bedrooms
6
Full Baths
9,486 Sq Ft.
Interior
Apartments
Property type
1915
Year Built
255147
Web Id
255147
MLS ID
Yakima
School District
8
days ago

About 307 S 2nd Street

MLS# 255147 Investor Alert! Amazing opportunity to own a 25-unit apartment building in prime downtown Yakima location with 1bed/1bath and studio units. Historically low vacancy rates and professional managed by local Jevons Property Management. Seller has completed more than $65k in renovation value with new units renting out at a gross market rate potential of $14,240/month. Add coin-op laundry, syorage, and CAM for extra monthly income. Current below market rents = great rental upside with rents increasing on a 60-day notice now that the moratorium is over. Close to Yakima Sportsman State Park, all major freeways, and close proximity to Yakima Air Terminal.

Listing Courtesy of The Paragon Group, PRMLS MLS

Amenities

  • Refrigerator

features

lot description
laminate flooring

PROPERTY INFORMATION

Appliances
Range/Oven, Refrigerator
Garage Info
Off Street Spaces
Heating
Baseboard
Water
Public Water

EXTERIOR

Roofing
Composition Shingle

INTERIOR

Flooring
Carpet(s), Laminate, Vinyl

ADDITIONAL INFORMATION

Number of Units
25
Listing Courtesy of The Paragon Group
307 S 2nd Street, Yakima, Washington 98901 United States is a Apartments for Sale for $1,499,000 USD. Was built in 1915, has 9,486 Sq.Ft. on a lot of and it's composed from 25 Bedrooms, 6 full baths

 

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