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    112 SW Davis Avenue

    College Place, WA 99324
    • $358,000
    • STATUS: Active
    • ON SITE: 105 days
    • ID#: 1718340
    UPDATED: 48 min ago
    $358,000
    • 0
      BEDS
    • 0.24
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1916
    County:

    School Information

    Elementary School:
    Middle School:
    School District:
    Listing Courtesy of Windermere Re Walla Walla.

    Description

    College Place Cash Cow - Across the from the university (in-class instruction started). Re-face of spaces completed & vacant for easy access. New floor coverings, paint & some new windows make this property move-in ready for tenants. Lots of flexibility as property started as a single-family home. 3-car garage in addition to 3-4 off-street parking spots. Roof is a metal tile. Income/expenses shown for 2018 reflect monthly income before improvements. Property management projects rental rates at current condition - $950 for main, $750 for 2nd story & $750 for basement - adjusts Total Monthly Income $2450, Gross Income $29 400, NOI $22 608, CAP 6%, and Gross Rent Multiplier 13%. 2019 and 2020 income/ expenses available upon request.

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    The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Northern Key Realty | Compass Washington are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2021-05-15T09:14:30.06.

    www.northernkeyteam.com/homes/113754751
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    112 SW Davis Avenue College Place, WA 99324

    • Price: $358,000
    • Status: Active
    • Updated: 48 min ago
    • ID#: 1718340
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.24
    Acres
    1916
    Built
    Neighborhood:
    College Place
    County:
    Walla Walla
    Area:
    933 - Southeast Walla Walla County
    Elementary School:
    Davis Elem
    Middle School:
    John Sager Mid
    School District:
    College Place
    Property Description
    College Place Cash Cow - Across the from the university (in-class instruction started). Re-face of spaces completed & vacant for easy access. New floor coverings, paint & some new windows make this property move-in ready for tenants. Lots of flexibility as property started as a single-family home. 3-car garage in addition to 3-4 off-street parking spots. Roof is a metal tile. Income/expenses shown for 2018 reflect monthly income before improvements. Property management projects rental rates at current condition - $950 for main, $750 for 2nd story & $750 for basement - adjusts Total Monthly Income $2450, Gross Income $29 400, NOI $22 608, CAP 6%, and Gross Rent Multiplier 13%. 2019 and 2020 income/ expenses available upon request.
    Exterior Features

    Carport Spaces 0 Carport YN No Covered Spaces 3 Exterior Features Metal/Vinyl Lot Features CurbsPavedSidewalk Open Parking Spaces 4 Open Parking YN Yes Parking Features Rv Parking Parking Total 7 Parking Uncovered Spaces 4 Roof Metal Structure Type Triplex Style Code 53 - Tri-Plex View YN No Waterfront YN No

    Interior Features

    Fireplace YN No Flooring VinylVinyl PlankCarpet Foundation Details Poured Concrete Furnished Unfurnished Heating Cooling Type Forced AirStove/Free Standing Heating YN Yes

    Property Features

    Electric Expense 0 Electric On Property YN False Fuel Expense 0 Gross Scheduled Income 21519 Insurance Expense 842 Irrigation Water Rights YN No Leased Items None Listing Terms Cash OutConventionalFhaVa Loan Net Operating Income 14727 New Construction YN No Possible Use Multi-Family Power Production Type ElectricNatural Gas Property Condition Good Property Sub Type Multi-Family Sewer Sewer Connected Site Features Cable TvGas AvailableOutbuildingsRv ParkingSprinkler System Special Listing Conditions None Tax Annual Amount 3719 Tax Year 2018 Total Expenses 6792 Units In Building Total 3 Utilities Cable ConnectedNatural Gas AvailableSewer ConnectedElectricity AvailableNatural Gas Connected Water Sewer Garbage 2231 Water Source Public Zoning Class Multi-Family Zoning Jurisdiction City

    Listing information © 2021 Northwest Multiple Listing Service. Information is based on data available to the associate, including county records. The information contained in this listing has not been verified by Northern Key Realty | Compass Washington and should be verified by the buyer.


    The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Northern Key Realty | Compass Washington are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2021-05-15T09:14:30.06.

     
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    Northern Key Realty | Compass Washington
    2033 6th Ave, #600
    Seattle WA, 98121
    Listing Courtesy of Windermere Re Walla Walla.