1107 Westwood Avenue, Wenatchee, WA 98801
- $3,950,000
Listing courtesy of Laura Mounter Real Estate. Selling Office: ZNonMember-Office-MLS.
- Sold Price
- $3,950,000
- List Price
- $3,950,000
- Status
- SOLD
- MLS#
- 2390589
- Closing Date
- Sep 24, 2025
- Days on Market
- 5
- Annual Tax Ammount
- 15011
- Offer Review Date
- 2025-06-16
Property Description
Discover an exceptional investment opportunity with this centrally located 20-unit townhome complex, perfectly positioned for convenience and long-term value. Consisting of 6 triplexes and 1 duplex, each 2-story 1100 square foot unit features 3 bedrooms, 1.5 bathrooms, a balcony and attached single car garage. Recent improvements include new fencing, partial roof and valley replacements, exterior paint, and new balcony railings & siding on select units. Close proximity to schools, dining, shopping centers, public transportation, and major employment hubs. The location ensures strong rental demand and consistent occupancy rates, making this property a standout choice for investors seeking both cash flow and appreciation potential.
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Additional Information
- Community
- Wenatchee
- Building Condition
- Average
- Style
- 61 - Comm Bldg Ovr 10K
- Year Built
- 1969
- # of Assigned Spaces
- 20
- Roof
- Composition
- Tax Year
- 2025
- Potential Terms
- Cash Out, Conventional, Owner Financing
- Flooring
- Vinyl Plank, Carpet
- Driving Directions
- From North Wenatchee/Hwy 2: Keep right to stay on Wa-285/N Miller St. Stay straight on N Miller St. Take a right on Westwood Ave. Complex is on the Left.
- Electric Expenses
- 414
- Other Expenses
- 51238
- Energy Source
- Electric, Natural Gas
- Net Operating Income
- $156,536
- Gross Adjusted Income
- $269,400
- Gross Scheduled Income
- $269,400
- Water/Sewer/Garbage Expenses
- $30,201
- Cap Rate
- 4
- Total Expenses
- $112,864
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.