3577 Bainard Road, Malaga, WA 98828
- $740,000
- 2,780
- SqFt
Listing Broker: CB Cascade - Wenatchee; Paul Harrison; ; Selling Office: CB Cascade - Wenatchee.
- Sold Price
- $740,000
- List Price
- $750,000
- Status
- SOLD
- MLS#
- 2451584
- Closing Date
- Nov 25, 2025
- Days on Market
- 2
- Style
- 52 - Duplex
- Building Condition
- Very Good
- Finished SqFt
- 2,780
- Area Total SqFt
- 2780
- Annual Tax Ammount
- 1645
- Lot Size (sq ft)
- 21,780
- Sewer
- Septic Tank
Property Description
Being a landlord has never been easier! Newly built, this fully rented, worry-free income producing duplex is now for sale. Whether self-maintaining your first investment property or adding to an extensive Wenatchee Valley rental portfolio, this two-unit 3 bed/2.5 bath duplex on a flat half acre with tons of parking is perfect for you. Pair the current 7.8% NET Cap Rate with the lowest interest rates in three years and this plug and play rental makes all the sense! Construction includes high end fit and finish throughout. The kitchens and bathrooms are beautiful! Tenants leases available for review. Tenants pay all utilities. Ability to add Additional Dwelling Unit on the half acre parcel as well; buyer to verify. Backyards fully fenced.
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Additional Information
- List Date
- 2025-11-23 00:00:00
- Community
- Malaga
- Net Operating Income
- $58,555
- Gross Adjusted Income
- $61,200
- Gross Scheduled Income
- $61,200
- Total Monthly Income
- $5,100
- Insurance Expenses
- $1,000
- Gross Rent Multiplier
- 12.25
- Total Expenses
- $2,645
- Cap Rate
- 7.8
- Total Number of Units
- 2
- Unit Name
- 3577
- Potential Terms
- Cash Out, Conventional, State Bond, USDA Loan, VA Loan
- Year Built
- 2024
- View
- Mountain(s), Territorial
- Roof
- Composition
- Site Features
- Fenced-Partially, High Speed Internet, RV Parking
- Energy Source
- Electric
- School District
- Wenatchee
- Elementary School
- Buyer To Verify
- Middle School
- Buyer To Verify
- High School
- Wenatchee High
- Total Monthly Income
- $5,100
- Gross Scheduled Income
- $61,200
- Gross Adjusted Income
- $61,200
- Tax Year
- 2025
- Insurance Expense
- $1,000
- Total Expenses
- $2,645
- Net Operating Income
- $58,555
- Gross Rent Multiplier
- 12.25
- Cap Rate
- 7.8
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.