Bought with Kelly Right RE of Seattle LLC
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1108 W ENTIAT AVE Kennewick, WA 99336
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Key Details
Sold Price $375,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 1,558 sqft
Price per Sqft $240
Subdivision Benton
MLS Listing ID 1795626
Sold Date 08/06/21
Style 52 - Duplex
Year Built 1930
Annual Tax Amount $1,049
Lot Size 8,235 Sqft
Property Sub-Type Multi-Family
Property Description
Recent ground-up restoration projected completed in 2019, replacing all electrical, plumbing, roof, windows, kitchen, bathrooms, stucco, doors, appliances, and paint. This is an income-producing duplex with both units currently rented out. The property offers rare unit mix of one studio apartment (rented at $1,095) and one 2-bedroom apartment (rented at $1,295). Both on fixed term leases and are all current on rent payments. At lease expiration, the 2-bedroom unit rent could be increased to a market rate of at least $1,500. At lease expiration, either unit could also be owner-occupied for a live-in house-hack, especially by living in the studio unit and allowing the 2-bedroom unit to fund the home payments.
Location
State WA
County Benton
Area 244 - Benton County
Interior
Interior Features Ductless HP-Mini Split
Fireplace false
Exterior
Exterior Feature Stucco
View Y/N No
Roof Type Composition
Building
Sewer Available
New Construction No
Schools
School District Kennewick
Others
Senior Community No
Acceptable Financing Conventional, Lease Purchase, See Remarks
Listing Terms Conventional, Lease Purchase, See Remarks
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