706 Ruby Street

Ellensburg, WA 98926

$599,000
Price
8
Beds
5
Baths
—Sq. Ft.
— / Sq. Ft.
—
Sq. Ft.
—
per Sq. Ft.

Description

Introducing an exceptional investment opportunity: this 5-unit multi-family property near downtown, boasting a zero percent vacancy history. This property features a spacious 3-bedroom, 1-bath main home, complemented by three 1-bedroom, 1-bath units, and one 2-bedroom, 1-bath unit. With its prime location and diverse unit offerings, this property promises consistent rental income and long-term value for savvy investors.Introducing an exceptional investment opportunity: this 5-unit multi-family property near downtown, boasting a zero percent vacancy history. This property features a spacious 3-bedroom, 1-bath main home, complemented by three 1-bedroom, 1-bath units, and one 2-bedroom, 1-bath unit. With its prime location and diverse unit offerings, this property promises consistent rental income and long-term value for savvy investors.
  1. Listed by April Richter • RE/MAX Community One Realty

Property Details for 706 Ruby Street

Community Name
Central Ellensburg
School District
Ellensburg
Number of Assigned Spaces
7
Total Covered Parking
0
Entry Date
04-04-2024
Energy Source
Electric
Sewer
Sewer Connected

Location

Listing Courtesy of RE/MAX Community One Realty
Add your commute
LISTING UPDATED: 04/09/2024 03:47 PM

Property Details for 706 Ruby Street

StatusActive
MLS #2217457
Days on Market25
Cumulative Days on Market22
Taxes$5,513 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1930
Lot Size0.18 AC / 7,680 SF
CountyKittitas County

Location

Listing Courtesy of RE/MAX Community One Realty
Add your commute

Building Information for 706 Ruby Street

Stories2Residences5Year Built1930Building Size-Lot Size0.18 AC / 7,680 SF

Payment Calculator

$3,728 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,269

Property Taxes

$459

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 706 Ruby Street

Summary
Location and General Information
  • Style: 55 - 5-9 Units
  • Area: 949 - Lower Kittitas County
  • Elementary School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify
  • High School: Buyer To Verify
  • Directions: From Main Street, East on Mountain View Ave, North on Ruby St, home will be on the right.
  • Leased Items: None
  • Property Sub Type: MULT
  • View: No
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2024
Parking
  • Number of Carport Spaces: 0.0
  • Carport: No
  • Open Parking Spaces: 7.0
  • Open Parking: Yes
Interior and Exterior Features
Interior Features
  • Floor Covering: Laminate
  • Features: Laminate
  • Cooling: No
  • Cooling: None
  • Fireplace: No
  • Heating: Yes
  • Heating: Wall Unit(s)
  • FIRPTA: No
Exterior Features
  • Exterior: Cement Planked, Wood Products
  • Roof: Composition, See Remarks
Property
Utilities
  • Water/Sewer/Garbage: 4800
  • Power Company: City of Ellensburg
  • Sewer Company: City of Ellensburg
  • Water Company: City of Ellensburg
  • Power Production Type: Electric
Property and Assessments
  • New Construction YN: No
  • Foundation: Poured Concrete
  • Preliminary Title Ordered: Yes
  • Senior Community: No
  • Special Listing Conditions: None
  • Photos Count: 22
Lot Information
  • Lot Size Source: Public Record
  • Parcel Number Free Text: 377933
  • Calculated Square Footage: 0
  • Structure Type: Multi Family
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 0.0
  • Building Area Units: Square Feet
  • Property Type: Residential Income
  • Elevation Units: Feet
  • Irrigation Water Rights: No
Multi Family
Building Details
  • Number of Uncovered Spaces: 7
  • Number of Stories in Building: 2
  • Vacancy Rate: 0
  • Number Of Units Total: 5
  • Units Below Grade: false
  • Units In Building Total: 5
Financing / Income and Expenses
  • Electric Expense: $0
  • Total Expenses: 14140.21
  • Gross Adjusted Income: 37460
  • Gross Rent Multiplier: 11.6
  • Gross Scheduled Income: $51,600
  • Insurance Expense: $3,827
  • Net Operating Income: $37,460
  • Other Expenses: $0
  • Total Monthly Income: 4300
  • Fuel Expense: $0
Unit 1
  • Name Unit 1: 1
  • Washer/Dryer Unit 1: false
  • Range/Oven Unit 1: true
  • Refrigerator Unit 1: true
  • Dishwasher Unit 1: false
  • Square Feet Unit 1: 440
  • Rent Unit 1: $750.00
  • Bedrooms Unit 1: 1
  • Bathrooms Unit 1: 1
Unit 2
  • Name Unit 2: 1
  • Washer/Dryer Unit 2: false
  • Range/Oven Unit 2: true
  • Refrigerator Unit 2: true
  • Dishwasher Unit 2: false
  • Square Feet Unit 2: 440
  • Rent Unit 2: $525.00
  • Bedrooms Unit 2: 1
  • Bathrooms Unit 2: 1
Unit 3
  • Name Unit 3: 3
  • Washer/Dryer Unit 3: false
  • Range/Oven Unit 3: true
  • Refrigerator Unit 3: true
  • Dishwasher Unit 3: false
  • Square Feet Unit 3: 400
  • Rent Unit 3: $575.00
  • Bedrooms Unit 3: 1
  • Bathrooms Unit 3: 1
Unit 4
  • Name Unit 4: 4
  • Washer/Dryer Unit 4: true
  • Range/Oven Unit 4: true
  • Refrigerator Unit 4: true
  • Dishwasher Unit 4: false
  • Square Feet Unit 4: 750
  • Rent Unit 4: $1,250.00
  • Bedrooms Unit 4: 2
  • Bathrooms Unit 4: 1
Unit 5
  • Name Unit 5: 5
  • Washer/Dryer Unit 5: true
  • Range/Oven Unit 5: true
  • Refrigerator Unit 5: true
  • Dishwasher Unit 5: true
  • Square Feet Unit 5: 900
  • Rent Unit 5: $1,200.00
  • Bedrooms Unit 5: 3
  • Bathrooms Unit 5: 1
Rental
Rent Information
  • Occupant Type: Tenant
  • Leasable Area: 3052.0
  • Leasable Area Units: Square Feet

Property History for 706 Ruby Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 706 Ruby Street

Taxable ValueLand$96,000Additions$416,100Total$512,100
Home Facts
Beds5Total Finished SqFt3,052 SqFtAbove Ground SqFt3,052 SqFtStories2Lot Size7,680 SqFtStyleSingle Family ResidenceYear Built1930ZoningEMHPCountyKITTITASAPN377933

Schools near 706 Ruby Street

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

Morgan Middle School
Public6 to 8

Ellensburg High School
Public9 to 12

K-12 Ellensburg Learning Center
PublicK 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.

Similar Homes

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Similar Sold Homes

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706 Ruby Street is a multi-family home for sale in Ellensburg, WA 98926. This property was listed for sale on April 4, 2024 by RE/MAX Community One Realty, it's currently listed at $599,000. It has been on the market for a total of 25 days and was last sold on December 4, 2020. This listing's school district is Ellensburg School District. Nearby schools include Lincoln Elementary School, Morgan Middle School and Ellensburg High School. 706 Ruby Street is a 8-bed, 5-bath, multi-family home built in 1930.

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 RE/MAX Community One Realty

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.