70 Beacon Drive
70 Beacon Drive
East Wenatchee, WA 98802
$1,219,000
Price
8
Beds
8
Baths
4,764 Sq. Ft.
$256 / Sq. Ft.
4,764
Sq. Ft.
$256
per Sq. Ft.
Pending
Pending
Listing provided courtesy of Laura Mounter Real Estate
Description
First class multifamily investment opportunity! Better than new, 2-story, 4-plex nestled in the Wenatchee Valley offering STR flexibility, optimal floor plans & quality construction demanding top rents! (4) 2-bed/2-bath units, ~1,200sf, primary bed, fireplace, w/d hookup, central heat/ac, storage, private balcony/patio & carport parking. Proforma GI $96,000/annually with all leases going month-to-month June 2024 resulting in robust NOI, and healthy return on investment. All units have been updated...First class multifamily investment opportunity! Better than new, 2-story, 4-plex nestled in the Wenatchee Valley offering STR flexibility, optimal floor plans & quality construction demanding top rents! (4) 2-bed/2-bath units, ~1,200sf, primary bed, fireplace, w/d hookup, central heat/ac, storage, private balcony/patio & carport parking. Proforma GI $96,000/annually with all leases going month-to-month June 2024 resulting in robust NOI, and healthy return on investment. All units have been updated and located in complex comprised of 5, 4-plexes fully landscaped with common area/park located in desirable Fancher Heights! HOA covers garbage, landscaping, snow removal, etc for hands off investment. Let's invest for the future.
- Listed by Danny Zavala • Laura Mounter Real Estate
Property Details for 70 Beacon Drive
Community Name
East Wenatchee
School DistrictEastmont
ViewMountain(s), Territorial
Number of Assigned Spaces8
Total Covered Parking0
Entry Date03-20-2024
Energy SourceElectric
SewerSewer Connected
Location
Listing Courtesy of Laura Mounter Real Estate![]()
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LISTING UPDATED: 04/24/2024 08:49 AM
Property Details for 70 Beacon Drive
| Status | Pending |
|---|---|
| MLS # | 2208774 |
| Days on Market | 23 |
| Cumulative Days on Market | 23 |
| Taxes | $8,154 / year |
| HOA Fees | $350 / month |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Residential Income |
| Year Built | 2008 |
| Lot Size | 0.48 AC / 20,909 SF |
| County | Douglas County |
Location
Listing Courtesy of Laura Mounter Real Estate![]()
Add your commute
Building Information for 70 Beacon Drive
Stories2Residences4Year Built2008Building Size-Lot Size0.48 AC / 20,909 SF
Payment Calculator
$7,682 per month
30 year fixed, 7.25% Interest
Principal and Interest
$6,653
Property Taxes
$680
HOA Dues
$350
The Payment Calculator is for illustrative purposes only.
Property Information for 70 Beacon Drive
Summary
Location and General Information
- Style: 54 - 4-Plex
- Site Features: Patio, Sprinkler System
- Area: 970 - East Wenatchee
- Elementary School: Cascade Elem
- Middle Or Junior School: Eastmont Jnr High
- High School: Eastmont Snr High
- Effective Year Built Source: Public Records
- Directions: Driving South on Eastmont Ave, Turn Left on Badger Mtn Rd, Turn Left on Fancher Field Rd, Turn Right on Beacon Dr - Fourplex is at the end of Beacon Dr.
- Leased Items: None
- Property Sub Type: MULT
- View: Yes
- Waterfront: No
Taxes and HOA Information
- Tax Year: 2024
Parking
- Number of Carport Spaces: 4.0
- Carport: No
- Open Parking Spaces: 4.0
- Open Parking: Yes
Virtual Tour
- Virtual Tour URL Unbranded: https://www.dropbox.com/scl/fi/m3z7h17n0sqdnfjngzvul/70-Beacon-Dr.mp4?rlkey=vw9qelcjoc0t8g6l2ywl3rjcg&dl=0
- Virtual Tour URL Description: Video Tour
Interior and Exterior Features
Interior Features
- Floor Covering: Laminate, Vinyl, Carpet
- Features: Laminate, Wall to Wall Carpet
- Amenities: Fire Sprinklers,See Remarks,Storage
- Cooling: Yes
- Cooling: Central A/C, Heat Pump
- Fireplace: No
- Heating: Yes
- Heating: Heat Pump
- FIRPTA: No
Exterior Features
- Exterior: Cement/Concrete, Wood Products
- Roof: Composition
Property
Utilities
- Water Source: Public
- Water/Sewer/Garbage: 4625.11
- 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: County
- Foundation: Poured Concrete
- Zoning Class: Residential
- First Right Of Refusal: false
- Possible Use: Residential
- MLS Square Footage Source: Assessor
- Preliminary Title Ordered: Yes
- Senior Community: No
- Special Listing Conditions: None
- Year Built Effective: 2008
- Photos Count: 40
Lot Information
- Lot Details: Curbs, Dead End Street, Paved, Sidewalk
- Lot Number: 4
- Lot Size Source: Assessor
- Parcel Number Free Text: 74900000400
- Building Condition: Very Good
- Calculated Square Footage: 4764
- Structure Type: Quadruplex
- Square Footage Finished: 0
- Square Footage Unfinished: 0
- Building Area Total: 4764.0
- 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: 2
- Vacancy Rate: 0
- Number Of Units Total: 4
- Units Below Grade: false
- Units In Building Total: 4
Financing / Income and Expenses
- Electric Expense: $520
- Total Expenses: 19610.73
- Gross Adjusted Income: 0
- Gross Rent Multiplier: 15.62
- Gross Scheduled Income: $78,000
- Insurance Expense: $2,112
- Net Operating Income: $58,389
- Other Expenses: $4,200
- Total Monthly Income: 6500
- Fuel Expense: $0
Unit 1
- Name Unit 1: D
- Washer/Dryer Unit 1: true
- Range/Oven Unit 1: true
- Refrigerator Unit 1: true
- Dishwasher Unit 1: true
- Square Feet Unit 1: 1191
- Rent Unit 1: $1,600.00
- Bedrooms Unit 1: 2
- Fireplaces Unit 1: 1
- Bathrooms Unit 1: 2
Unit 2
- Name Unit 2: A
- Washer/Dryer Unit 2: true
- Range/Oven Unit 2: true
- Refrigerator Unit 2: true
- Dishwasher Unit 2: true
- Square Feet Unit 2: 1191
- Rent Unit 2: $1,600.00
- Bedrooms Unit 2: 2
- Fireplaces Unit 2: 1
- Bathrooms Unit 2: 2
Unit 3
- Name Unit 3: C
- Washer/Dryer Unit 3: true
- Range/Oven Unit 3: true
- Refrigerator Unit 3: true
- Dishwasher Unit 3: true
- Square Feet Unit 3: 1191
- Rent Unit 3: $1,600.00
- Bedrooms Unit 3: 2
- Fireplaces Unit 3: 1
- Bathrooms Unit 3: 2
Unit 4
- Name Unit 4: B
- Washer/Dryer Unit 4: true
- Range/Oven Unit 4: true
- Refrigerator Unit 4: true
- Dishwasher Unit 4: true
- Square Feet Unit 4: 1191
- Rent Unit 4: $1,700.00
- Bedrooms Unit 4: 2
- Fireplaces Unit 4: 1
- Bathrooms Unit 4: 2
Rental
Rent Information
- Occupant Type: Tenant
- Leasable Area: 4944.0
- Leasable Area Units: Square Feet
Property History for 70 Beacon Drive
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
|---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Schools near 70 Beacon Drive
This home is within Eastmont School District.
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | K to 4 | |||
| Public - | K to 7 | |||
| Public - | 8 to 9 | |||
| Public - | 10 to 12 |
Rating | School | Distance |
|---|---|---|
Cascade Elementary School PublicK to 4 | ||
Sterling Middle School PublicK to 7 | ||
Eastmont Junior High School Public8 to 9 | ||
Eastmont Senior High School Public10 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 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.