$450,000
For Sale

618 Basin Street NW

Ephrata, WA 98823
8140 sqft | 0.64 acres | #2252790
Listing OfficeUnited Country RE - Patrick RE
Browse 2 photos
Type:Multi-Family
Structure:Duplex/Multi-Unit
Zone:Residential

Description

Former motel that has ben converted into one commercial space and 4 apartments. Owner pays w/s/g and electrical. Great cash flow, long term tenants. Financial Information is for 2024 and actual numbers, insurance is 2025 renewal rate and hazard only. In flood zone, traditional financing will require flood insurance.

  • Property Details
      • FoundationPoured Concrete
      • Sewer InformationSewer Connected
      • Style55 - 5-9 Units
      • Date ListedJune 15, 2024
      • Property TypeMulti-Family
      • Property SubtypeMulti-Family
      • Structure TypeMulti Family
      • Original List Price$450,000
      • SubdivisionEphrata
      • School DistrictEphrata
      • MLS #2252790
      • MLS #2252790
      • Exterior MaterialsStucco
      • Acres0.6357
      • Utility SourcePublic
      • Taxes Annual$2,083
      • Cost450000
      • CountyGrant
      • Square Feet8140
      • Year Built1936
      • Property ConditionFair
      • Days on Market (Cumulative)231
      • Stories1

Location

Real Property Associates, Inc.

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Interest Rate

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6.0%

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