1208 Terrace St

    Yakima, WA 98902
    • $199,000
    • STATUS: Active Under Contract
    • ON SITE: 157 days
    • MLS #: 18-1156
    Under Contract
    $199,000
    • 0
      BEDS
    • 0.16
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,924
      SQFT
    • $51
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1910

    School Ratings & Info

    Description

    Close to downtown, 12 bedrooms, 2 bathrooms. Boarding house currently used for substance use recovery. Current net income is $30,000/yr with potential increase of approximately $25,000/yr by adding 6 more tenants at $350/mo. Half of the rooms can accommodate 2 tenants. Possible owner contract with a significant down payment. Buyer to verify square feet to their satisfaction. See documents for financials. The house operation numbers shared in the documents of the listing are numbers given to the owner by the nonprofit running the ministry of recovery in the house and are no indication of future costs and owner will not be held responsible for their accuracy. Buyers shall do their own due diligence when evaluating future profits.

    Monthly Payment Calculator

    © 2018 Yakima Multiple Listing Service, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Yakima MLS© IDX Program. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Heritage Moultray Real Estate Services, LLC.. Data last updated: 2018-10-17T23:48:38.887.
    www.heritagemoultray.com/homes/83541935

    1208 Terrace St Yakima, WA 98902

    • Price: $199,000
    • Status: Active Under Contract
    • MLS #: 18-1156
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.16
    Acres
    3,924
    SQFT
    $51
    $/SQFT
    1910
    Built
    Neighborhood:
    3A - Btwn S 1St/16Th
    Area:
    3A - Btwn S 1St/16Th
    Property Description
    Close to downtown, 12 bedrooms, 2 bathrooms. Boarding house currently used for substance use recovery. Current net income is $30,000/yr with potential increase of approximately $25,000/yr by adding 6 more tenants at $350/mo. Half of the rooms can accommodate 2 tenants. Possible owner contract with a significant down payment. Buyer to verify square feet to their satisfaction. See documents for financials. The house operation numbers shared in the documents of the listing are numbers given to the owner by the nonprofit running the ministry of recovery in the house and are no indication of future costs and owner will not be held responsible for their accuracy. Buyers shall do their own due diligence when evaluating future profits.
    Exterior Features

    Construction Frame Crops None Foundation Concrete Lot Depth Feet 0.00 Lot Features Bus LineCurbs/GuttersFenced BackLevelPaved Road Lot Front Feet 0.00 Lot Size 0 - .25 Acres Roof Composition Siding Masonite

    Interior Features

    Air Conditioning Central Air Basement Partially Finished Floor Coverings CarpetsVinyl Heating ElectricForced Air

    Property Features

    Commercial Type Commercial Property Contingency Ctg Financing List Price Description Total List Price Main Use Lodging & Hospitality Sewage System Connected Sq Ft Source County Assessor Tax Designation None Tax Year 2018 Taxes 1902.00 Terms CashConventionalSeller Finance Water Public Water Zoning B1 - Prof Bus

    Listing provided courtesy of Roger Wilson of Wilson Real Estate Management Llc.
    © 2018 Yakima Multiple Listing Service, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Yakima MLS© IDX Program. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Heritage Moultray Real Estate Services, LLC.. Data last updated: 2018-10-17T23:48:38.887.
     
    Heritage Moultray Real Estate Services, LLC.
    5625 Summitview Ave
    Yakima WA, 98908