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$1,200,000
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Property Description
FOR SALE - VALUE ADD OPPORTUNITY in a market with less than 2% vacancy! This complex consists of 14 units (in two buildings on one parcel), 8 of which have been remodeled, a few that are gutted and need to be finished (some of the materials to finish are included in the sale) and the rest that still need to be updated. Currently only 4 units are occupied which provides a new owner a great opportunity to get the units up to market rents. The first building consists of four 3 bedroom- 1 bath unit with laundry hookup in each unit. The second building consists five studios and 5 one bedroom units. All units come with 1 space of covered parking.
Full Property Details
Full Property Details for 1307 Folsom Ave
General
- Sold For: $1,200,000
- Taxes: $4,629 (2022)
- Status: Closed
- Type: Industrial
- Source: NWMLS
- MLS ID: 2024020
- Added to Site: 1, 219 day(s) ago
Interior
- Interior Features: Wall to Wall Carpet
- Flooring: Vinyl, Carpet
Location
- Area: 475 - Yakima County
- County: Yakima
- Subdivision: Yakima
- Driving Directions: South on Summitview Ave from 40th, left on Custer Ave, left on Folsom to property on right.
Heating & Cooling
- Air Conditioning: Yes
Utilities
- Sewer: Sewer Connected
- Water: Public
Structural Information
- Exterior Const.: Wood
- Foundation: Poured Concrete
- Roof: See Remarks
- Year Built: 1980
- Property Condition: Fair
Lot Features
- Lot Size (Acres): 0.333
- Lot Size (Sq. Ft.): 14,505
- Lot Size Source: County Assessor
- Lot Depth: 104
- Topography: Level
- Zoning: Multi-Family
Financial Considerations
- Tax Amount: $4,629.53
- Tax Year: 2022
- Terms: Cash Out, Conventional
Disclosures and Reports
- Special Conditions: None
- Property ID: 18132424573
Listed by Russ Roberts | Keller Williams Yakima Valley | (509) 966-1020
Sold by Non Member ZDefault | ZNonMember-Office-MLS
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Schools
Schools serving 1307 Folsom Ave
School District:Yakima School District
| Name | Grades | Distance |
|---|---|---|
Roosevelt Elementary School, Yakima, WA 120 North 16th Avenue, Yakima, WA 98902 | K-5 | 0.4 mi |
Franklin Middle School 410 South 19th Avenue, Yakima, WA 98902 | 6-8 | 0.8 mi |
Davis High School 212 South 6th Avenue, Yakima, WA 98902 | 9-12 | 0.6 mi |
Eisenhower High School 611 South 44th Avenue, Yakima, WA 98908 | 9-12 | 2.1 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1307 Folsom Ave
Date
Details
Price
Change
Source
4/28/2023
Sold
$1,200,000
-14.29%
MLS
9/20/2022
Listed
$1,400,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1307 Folsom Avenue, Yakima, WA 98902 (MLS# 2024020) is a Industrial property that was sold at $1,200,000 on April 28, 2023. Want to learn more about 1307 Folsom Avenue? Do you have questions about finding other Industrial real estate for sale in Yakima? You can browse all Yakima real estate or contact a Coldwell Banker agent to request more information.
