544 N Colorado Avenue East Wenatchee, WA $ 1,450,000
544 N Colorado Avenue
$ 1,450,000
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544 N Colorado Avenue

East Wenatchee, WA, 98802
$ 1,450,000
Baths0.0 Sq 6,145

Monthly Estimate*

$ 9,637

Listed by Premier One Properties
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Studio

Multi-Family Home for sale in East Wenatchee, WA

for $1,450,000. This 6,145 square foot home was built in 1962 on a lot size of 0.35.

Incredible investment opportunity awaits at this great 4-Plex! This one of a kind property is perfectly suited for Airbnb or a long term rental. With over 6,145 sq. ft. of rentable space, this is an investors dream! Your tenants will love the brand new creative finishes throughout including high end appliances, custom concrete counters & solid surface flooring throughout. Each unit has a primary suite with custom concrete walk-in shower and it's own artistic design. Units also have a fireplace, balcony or patio & laundry. Unit 544 has been completely gutted from top to bottom. Units 546 & 548 are brand new construction. Tenants will also enjoy a putting green, game room, gym, outdoor bbq, tons of off street parking & Central Location

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Multi-Family Active

Price

$ 1,450,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 3,268

Style

4-Plex

Lot Size

0.35

Year Built

1962

Town/City

East Wenatchee

County/Region

Douglas

MLS | Web ID

2210849

Features
General
Interior Features Concrete
Sewer Sewer Connected
Heating Forced Air Heat Pump
Cooling Forced Air Heat Pump
Possession Closing
Roof Composition
Exterior Features Cement/Concrete Wood Products
HOA 0
Security Features PartiallyFenced
Year Built 1962
View City Mountain(s) River Territorial
Property SubType Multi-Family
Tax Year 2024
County Douglas
Net Operating Income 108132
Insurance Expense 6000
New Construction N
Property Type Residential Income
HOA / Comm Assn N
Subdivision Name East Wenatchee
Possible Use Multi-Family Residential
Special Listing Conditions None
Status Active
Directions From Hwy 28 take Ninth St NE. Right on Colby Ct. Left on Eighth St. Right on N Colorado Ave.
High School Buyer To Verify
City East Wenatchee
Buyer Agent Compensation 2
View Y/N Y
Senior Community Y/N N
High School District Eastmont
Open Parking Spaces 2
NumberOfUnitsTotal 4
MLS Area 970 - East Wenatchee
Lot Size Units Square Feet
Lot Size Square Feet 15246
Waterfront Y/N N
Carport Spaces 2
Carport Y/N N
Street Name Colorado
Listing Terms Cash Out Conventional
Elementary School Buyer To Verify
Tax Annual Amount 3268
Electric Expense 2000
Fuel Expense 0
Middle/Junior High School Buyer To Verify
Property Condition Remodeled
Public Remarks Incredible investment opportunity awaits at this great 4-Plex! This one of a kind property is perfectly suited for Airbnb or a long term rental. With over 6 145 sq. ft. of rentable space this is an i
Leasable Area 6145
Structure Type Quadruplex
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Amenities Basement
Units Below Grade true
Units In Building Total 4
Zoning Class Multi-Family Residential
Water Sewer Garbage 3000
Property Style 54 - 4-Plex
Cap Rate 6.75
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Interior
Flooring Concrete Vinyl Plank
Total Fireplaces 0
Total Stories 2
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Street Suffix Avenue
Bedrooms Possible 0
Power Production Type Electric
Baths Three Quarter Upper 0
Bedrooms Upper 0
Baths Half Upper 0
Baths Full Upper 0
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Exterior
Parking Features RV Parking
Water Source Public
Total Parking 12
Foundation Details Poured Concrete
Building Area Total 6145
Lot Size Acres 0.35
Covered Spaces 0
Open Parking Y/N Y
Irrigation Water Rights Y/N N
Site Features Deck Fenced-Fully Outbuildings Patio RV Parking Shop
Parking Uncovered Spaces 2
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Internal Only
OriginalMLSID NWM2210849
Street Number 1 544
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* Excluded Features
List By
Kelly L. Thompson

Listing Agent

Premier One Properties

Broker

Affordability Calculator

$9,909
Per Month
97%
3%
0%
Monthly Principal & Interest
$9,637
Monthly Property Taxes
$272
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
3100078 Elementary School
3100635 Middle School
Buyer To Verify High School High School
Pricing History
DatePricePrice ChangeDescription
5/17/2024$1,450,000 -3.33% Price Down
4/17/2024$1,499,900 -6.25% Price Down
3/15/2024$1,599,900 Listed Price

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544 N Colorado Avenue, East Wenatchee, WA, 98802 is a Multi-Family Home for sale at $1,450,000 with 6,145 sqft and a lot size of 0.35. 544 N Colorado Avenue is a studio with 0.0 baths and was built in 1962. The property's zip code is 98802 which is in East Wenatchee, WA