533 Methow #A

Wenatchee, WA 98801

  • Bed

  • Bath

  • 2692 SqFt

  • 2 DOM

  • Built: 1905

  • Status: Active

$724,999

X

533 Methow #A

Wenatchee 98801

$724999

  • Bed

  • Bath

  • 2692 SqFt

  • 2 DOM

  • Built: 1905

  • Status: Active

Srinivas Kasam

CEO & Founder

(650)533-3259

Full gut remodel and massive addition in 2006 effectively reset the clock on this triplex — think 2006 construction including electrical and plumbing, not 1905. Updates in 2024 and 2025 mean the big-ticket items are current, low maintenance risk, and the property is ready to continue to perform from day one. Several owner options here including value add buy and hold via rent increases, potentially owner occupy, builders can add value by taking advantage of the RMU zoning and adding units in the large rear area. Buyer to verify all. Three 2 bed, 1 bath, easy to rent units, all clean, bright and airy. Each unit has its own 8x10 storage unit appealing to more tenants. Separately metered units allow tenants to pay elec, garbage, and internet. 48 hour notice for showings, only one unit will be shown but once under contract all units will be made available. Full financials, remodel history back to 2002, reports and permits and leases available upon acceptance of offer and with a signed non-disclosure Financial data in listing is pro forma based on 12 month moving averages. Actual annual rent and income numbers may be higher.

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