421 S Mission St

Beds
Baths
5,400 Sq. Ft.
$117 / Sq. Ft.
5,400
Sq. Ft.
$117
per Sq. Ft.

Description

Attention Investors! This 10 unit apartment building is a rare find in Wenatchee. Most all of the heavy lifting as already been done for you. New roof in 2010, units 1-7 remodeled in 2014, units 9 and 10 remodeled in 2017, new gas water heater in 2018, and new sewer line & pre-filter system installed 2018. Coin-op laundry in building generates some additional monthly income. Perfect property for 1031 Exchange.Attention Investors! This 10 unit apartment building is a rare find in Wenatchee. Most all of the heavy lifting as already been done for you. New roof in 2010, units 1-7 remodeled in 2014, units 9 and 10 remodeled in 2017, new gas water heater in 2018, and new sewer line & pre-filter system installed 2018. Coin-op laundry in building generates some additional monthly income. Perfect property for 1031 Exchange.
  1. Listed by Shannon Kraft • Coldwell Banker Lavigne
    P: (509)-888-8887 shannonswenatcheerealestate@gmail.com

Property Details for 421 South Mission Street

Community Name
Wenatchee
School District
Wenatchee
View
City, Mountain(s), Territorial
Number of Assigned Spaces
3
Total Covered Parking
0
Entry Date
02-15-2019
Sewer
Sewer Connected
LISTING UPDATED: 09/05/2024 05:38 AM

Property Details for 421 South Mission Street

StatusSold
MLS #1410970
Days on Market2
Cumulative Days on Market2
Taxes$2,880 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income
Year Built1920
Lot Size0.14 AC / 6,098 SF
CountyChelan County

Location

Listing Courtesy of Coldwell Banker Lavigne

Sold By Best Choice Realty LLC

Add your commute

Building Information for 421 South Mission Street

Stories2Residences10Year Built1920Building Size-Lot Size0.14 AC / 6,098 SF

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Principal and Interest

$3,172

Property Taxes

$240

HOA Dues

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Property Information for 421 South Mission Street

Summary
Location and General Information
  • Style: 56 - 10+ Units
  • Area: 971 - Wenatchee
  • Elementary School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify
  • High School: Buyer To Verify
  • Directions: From the George Sellar Bridge head north on Mission St. Building is on the right, between Spokane and Thurston Streets
  • Leased Items: None
  • Property Sub Type: MULT
  • View: Yes
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2019
Parking
  • Number of Carport Spaces: 0.0
  • Carport: No
  • Open Parking Spaces: 3.0
  • Open Parking: Yes
Interior and Exterior Features
Interior Features
  • Furnished: Unfurnished
  • Floor Covering: Vinyl, Carpet
  • Features: Wall to Wall Carpet
  • Fireplace: No
  • Heating: Yes
  • FIRPTA: No
Exterior Features
  • Exterior: Brick
  • Roof: Composition
Property
Utilities
  • Water Source: Public
  • Water/Sewer/Garbage: 3420
  • Power Company: Chelan County PUD
  • Sewer Company: City of Wenatchee
  • Water Company: City of Wenatchee
  • Power Production Type: Electric, Natural Gas
  • Utilities: Sewer Connected, Electric, Natural Gas Connected
Property and Assessments
  • New Construction YN: No
  • Zoning Jurisdiction: City
  • Foundation: Poured Concrete
  • Zoning Class: Multi-Family
  • First Right Of Refusal: false
  • Possible Use: Multi-Family
  • Preliminary Title Ordered: Yes
  • Special Listing Conditions: None
  • Photos Count: 7
Lot Information
  • Lot Details: Paved, Sidewalk
  • Lot Size Source: Realist
  • Parcel Number Free Text: 222010815332
  • Building Condition: Fair
  • Calculated Square Footage: 5400
  • Structure Type: Multi Family
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 5400.0
  • Building Area Units: Square Feet
  • Property Type: Residential Income
  • Elevation Units: Feet
  • Irrigation Water Rights: No
Multi Family
Building Details
  • Number of Uncovered Spaces: 3
  • Number of Stories in Building: 2
  • Vacancy Rate: 10
  • Number Of Units Total: 10
  • Units Below Grade: true
  • Units In Building Total: 10
Financing / Income and Expenses
  • Electric Expense: $840
  • Total Expenses: 11040
  • Gross Adjusted Income: 74400
  • Gross Rent Multiplier: 8
  • Gross Scheduled Income: $74,400
  • Insurance Expense: $2,220
  • Net Operating Income: $63,360
  • Other Expenses: $1,680
  • Total Monthly Income: 6200
  • Fuel Expense: $0
Rental
Rent Information
  • Occupant Type: Tenant
  • Leasable Area: 2680.0
  • Leasable Area Units: Square Feet

Property History for 421 South Mission Street

DateEvent & SourcePriceAppreciation
Mar 13, 2019

Sold

NWMLS #1410970

$630,000
Feb 17, 2019

Pending

NWMLS #1410970

Feb 15, 2019

Listed (Active)

NWMLS #1410970

$625,000
DateEvent & SourcePrice
03/13/2019

Sold

NWMLS #1410970

$630,000
02/17/2019

Pending

NWMLS #1410970

02/15/2019

Listed (Active)

NWMLS #1410970

$625,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 421 South Mission Street

This home is within Wenatchee School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
John Newbery Elementary School
PublicK to 5

Foothills Middle School
Public6 to 8

Wenatchee High School
Public9 to 12

Open Doors Re-Engagement Wenatchee
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Coldwell Banker Lavigne

Based on information submitted to the MLS GRID as of 09/05/2024 05:38 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. 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. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.