Residential Income in Yakima

$580,000

1518-1520 Roosevelt, 98902, Yakima, WA

Residential Income for sale in Yakima, 1518-1520 Roosevelt, 98902

1518-1520 Roosevelt, 98902, Yakima, WA

$580,000

Type: Residential Income

Description

Value add multifamily opportunity consisting of two triplexes on separate parcels with six total units, all 1 bed / 1 bath. The property is currently cash flowing, with a current cap rate of 6.5% with below-market rents, offering strong upside through rent increases and estimated stabilized cap rate of 7.4%. Features include separate electric meters, a communal laundry room, low-maintenance courtyard landscaping, and six dedicated parking stalls plus off-street parking. Professionally managed and suitable for an owner-occupant or investor seeking stable income with appreciation potential.

Location

1518-1520 Roosevelt, 98902, Yakima, WA

Data

Object TypeResidential Income
Purchase Price$580,000
Living Space0 m²
Plot Size890.31 m²
BathroomsN/A
Construction Year1974
ConditionNot specified
RoomsN/A

Energy Information

Heating TypeBaseboard, Electric
Primary Energy SourceN/A
Construction Year1974
Energy CertificateN/A
Final Energy DemandN/A
Certificate Valid UntilN/A
Energy Efficiency ClassN/A

Contact Agent

Listing Agent