Bought with: Laura Mounter Real Estate
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1624 Cross ST #1 Wenatchee, WA 98801
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Key Details
Sold Price $785,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Square Footage 3,840 sqft
Price per Sqft $204
Subdivision Wenatchee
MLS Listing ID 2576741
Sold Date 10/20/26
Style 54 - 4-Plex
Bedrooms 8
Year Built 1994
Annual Tax Amount $5,454
Lot Size 10,890 Sqft
Property Sub-Type Multi Family
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 $76,800 in annual gross income with an attractive 7.2% 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 and 1 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 is fully rented and 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.
Location
State WA
County Chelan
Area 971 - Wenatchee
Interior
Flooring Laminate, Vinyl Plank, Carpet
Fireplace false
Exterior
Exterior Feature Wood Products
Amenities Available Fenced-Partially, High Speed Internet, Patio, Sprinkler System
View Y/N Yes
View Mountains, Territorial
Roof Type Composition
Building
Lot Description Paved
Sewer Sewer Connected
Water Public
New Construction No
Schools
Elementary Schools Mission View Elem
Middle Schools Pioneer Mid
High Schools Wenatchee High
School District Wenatchee
Others
Senior Community No
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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