Yakima, WA 98901,16 N 6th ST
See all 7 photos
Yakima, WA 98901,16 N 6th ST
Yakima, WA 98901,16 N 6th ST
Yakima, WA 98901,16 N 6th ST
Yakima, WA 98901,16 N 6th ST
Listed by Kidder Mathews
Bought with Marketplace Sotheby's Intl Rty

$915,000

Est. payment /mo

$925,000

1.1%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

16 N 6th ST Yakima, WA 98901

7,548 SqFt

SOLD DATE : 04/26/2021

Key Details

Sold Price $915,000

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 7,548 sqft

Price per Sqft $121

Subdivision Yakima

MLS Listing ID 1715912

Sold Date 04/26/21

Style 56 - 10+ Units

Year Built 1967

Annual Tax Amount $7,571

Lot Size 7,667 Sqft

Property Description

Coachman Apts. is a 2-story, well-maintained apartment building in a designated Opportunity Zone located in downtown Yakima. The building has 12 one-bedroom units that the owner has replaced tub surrounds, installed ventilation, replaced flooring, and repainted on turnover. In 2019 the property got a new roof, new exterior paint, and new building signage.

Coachman offers investors a well-maintained asset with significant rental upside with rents an estimated 30+/- below market. An investor can capitalize on the income by increasing rents, creating additional amenities, & capturing additional revenue sources such as utility bill-back. Each unit at the Coachman has its own parcel # allowing for an alternative exit strategy as condos.

Location

State WA

County Yakima

Area 475 - Yakima County

Interior

Fireplace false

Exterior

Exterior Feature Brick, Wood

Utilities Available Cable Connected, High Speed Internet, Sewer Connected, Electric

Amenities Available Cable TV, High Speed Internet

View Y/N No

Roof Type Composition

Building

Lot Description Alley, Curbs, Paved, Sidewalk

Sewer Sewer Connected

Water Public

New Construction No

Schools

School District Yakima

Others

Senior Community No

Acceptable Financing Cash Out

Listing Terms Cash Out

Read Less

Want to know what your home might be worth? Contact us for a FREE valuation!

Submit

Our team is ready to help you sell your home for the highest possible price ASAP


Northwest MLS (NWMLS)

Ricardo Campos

Agent | License ID: 137033

+1(425) 529-7170

GET MORE INFORMATION

Name
Phone*
Message

By registering you agree to our Terms of Service & Privacy Policy. Consent is not a condition of buying a property, goods, or services.