517 North Baker Avenue

East Wenatchee, WA 98802

$385,000
Price
4
Beds
2
Baths
1,484 Sq. Ft.
$259 / Sq. Ft.
1,484
Sq. Ft.
$259
per Sq. Ft.

Description

Conforming DUPLEX nestled in the heart of East Wenatchee with short-term rental flexibility! Multifamily residence consists of (2) 2-bed/1-bath units, ~750sf, washer/dryer hookup, storage, private patio & carport parking. Proforma Gross Income supports +$36,000/annually with all leases currently month-to-month, allowing for owner occupancy or the potential to increase rents for a higher ROI. Unit 517 has been remodeled and previously used as Airbnb, showcasing STR potential. Unit 519 needs cosmetic...Conforming DUPLEX nestled in the heart of East Wenatchee with short-term rental flexibility! Multifamily residence consists of (2) 2-bed/1-bath units, ~750sf, washer/dryer hookup, storage, private patio & carport parking. Proforma Gross Income supports +$36,000/annually with all leases currently month-to-month, allowing for owner occupancy or the potential to increase rents for a higher ROI. Unit 517 has been remodeled and previously used as Airbnb, showcasing STR potential. Unit 519 needs cosmetic reno to yield optimal rents. Long term tenants in place. Close to shopping and incredible views of the Wenatchee Foothills. Let's invest for the future.
  1. Listed by Danny Zavala • Laura Mounter Real Estate

Property Details for 517 North Baker Avenue

Community Name
East Wenatchee
School District
Eastmont
View
City, Mountain(s), Territorial
Number of Assigned Spaces
6
Total Covered Parking
0
Offers Review Date
05-18-2024
Entry Date
05-14-2024
Energy Source
Electric

Location

Listing Courtesy of Laura Mounter Real Estate
Add your commute
LISTING UPDATED: 05/24/2024 11:30 AM

Property Details for 517 North Baker Avenue

StatusPending
MLS #2236529
Days on Market5
Cumulative Days on Market5
Taxes$2,600 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1972
Lot Size0.18 AC / 7,841 SF
CountyDouglas County

Location

Listing Courtesy of Laura Mounter Real Estate
Add your commute

Building Information for 517 North Baker Avenue

Stories1Residences2Year Built1972Building Size-Lot Size0.18 AC / 7,841 SF

Payment Calculator

$2,318 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,101

Property Taxes

$217

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 517 North Baker Avenue

Summary
Location and General Information
  • Style: 52 - Duplex
  • Site Features: Fenced-Partially, Outbuildings, Patio, Sprinkler System
  • Area: 970 - East Wenatchee
  • Elementary School: Lee Elementary
  • Middle Or Junior School: Eastmont Jnr High
  • High School: Eastmont Snr High
  • Effective Year Built Source: Public Records
  • Directions: Heading south on HWY 28, turn left on 9th st NE, turn right on Valley Mall Pkwy, turn left on 3rd st NE, turn left on N Baker Ave, Duplex on right side.
  • Leased Items: None
  • Property Sub Type: MULT
  • View: Yes
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2024
Parking
  • Number of Carport Spaces: 2.0
  • Carport: No
  • Open Parking Spaces: 4.0
  • Open Parking: Yes
Interior and Exterior Features
Bathroom Information
  • Full Baths Upper: 0
  • Three Quarter Baths Upper: 0
  • Half Baths Upper: 0
  • Main Level Bathrooms: 0
Bedroom Information
  • Bedrooms Upper: 0
  • Bedrooms Possible: 0
Interior Features
  • Fireplaces Total: 0
  • Floor Covering: Laminate, Vinyl Plank, Carpet
  • Features: Laminate, Wall to Wall Carpet
  • Amenities: Storage
  • Cooling: Yes
  • Cooling: Wall Unit(s)
  • Fireplace: No
  • Heating: Yes
  • Heating: Baseboard
  • FIRPTA: No
Exterior Features
  • Exterior: Wood Products
  • Roof: Composition
  • Security Features: FullyFenced
Property
Utilities
  • Water Source: Public
  • Water/Sewer/Garbage: 1839.72
  • Power Company: Douglas County PUD
  • Sewer Company: Douglas County Sewer District
  • Water Company: East Wenatchee Water District
  • Power Production Type: Electric
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
  • MLS Square Footage Source: Assessor
  • Preliminary Title Ordered: Yes
  • Senior Community: No
  • Special Listing Conditions: None
  • Year Built Effective: 1972
  • Photos Count: 31
Lot Information
  • Lot Details: Curbs, Paved, Sidewalk
  • Lot Number: 28
  • Lot Size Source: Assessor
  • Parcel Number Free Text: 40100002806
  • Building Condition: Good
  • Calculated Square Footage: 1484
  • Structure Type: Duplex
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 1484.0
  • Building Area Units: Square Feet
  • Property Type: Residential Income
  • Elevation Units: Feet
  • Irrigation Water Rights: No
Multi Family
Building Details
  • Number of Uncovered Spaces: 4
  • Number of Stories in Building: 1
  • Vacancy Rate: 0
  • Number Of Units Total: 2
  • Units Below Grade: false
  • Units In Building Total: 2
Financing / Income and Expenses
  • Electric Expense: $535
  • Total Expenses: 6651.58
  • Gross Adjusted Income: 23760
  • Gross Rent Multiplier: 16.2
  • Gross Scheduled Income: $23,760
  • Insurance Expense: $1,677
  • Net Operating Income: $17,108
  • Other Expenses: $0
  • Total Monthly Income: 1980
  • Fuel Expense: $0
Unit 1
  • Name Unit 1: 517
  • Washer/Dryer Unit 1: true
  • Range/Oven Unit 1: true
  • Refrigerator Unit 1: true
  • Dishwasher Unit 1: false
  • Square Feet Unit 1: 742
  • Rent Unit 1: $730.00
  • Bedrooms Unit 1: 2
  • Fireplaces Unit 1: 0
  • Bathrooms Unit 1: 1
Unit 2
  • Name Unit 2: 519
  • Washer/Dryer Unit 2: true
  • Range/Oven Unit 2: true
  • Refrigerator Unit 2: true
  • Dishwasher Unit 2: true
  • Square Feet Unit 2: 742
  • Rent Unit 2: $1,250.00
  • Bedrooms Unit 2: 2
  • Fireplaces Unit 2: 0
  • Bathrooms Unit 2: 1
Rental
Rent Information
  • Occupant Type: Tenant
  • Leasable Area: 1484.0
  • Leasable Area Units: Square Feet

Property History for 517 North Baker Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 517 North Baker Avenue

Taxable ValueLand$60,000Additions$123,300Total$183,300
Tax Record2019$2,267 ($189 / month)
Home Facts
Beds4Total Finished SqFt1,484 SqFtAbove Ground SqFt1,484 SqFtStories1Lot Size7,841 SqFtStyleDuplexYear Built1972Zoning2CountyDOUGLASAPN40100002806

Schools near 517 North Baker Avenue

This home is within Eastmont School District.
Rating
School
Type
Grades
Distance
Public - K to 4
Public - K to 4
Public - K to 7
Public - 8 to 9
Rating
School
Distance
Robert E Lee Elementary School
PublicK to 4

Kenroy Elementary School
PublicK to 4

Sterling Middle School
PublicK to 7

Eastmont Junior High School
Public8 to 9

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 expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Laura Mounter Real Estate

Listing provided courtesy of NWMLS, RMLS or Yakima MLS. The information contained in this listing has not been verified by Compass or the MLS and should be verified by the buyer. The DOM value represents the number of days this listing has been Active on this website.