4240 McKinley AvenueCarnation, WA98014

$975,000
4 total units
3126 sq. ft
0.2727 acres
362 days on market

VestorFilter™

Price per unit$243.8K/unit
Price per ft²$311.89/ft²
Price per acre$3.58M/ac
Time on market19840 days

Property Description

Great value add investment opportunity! Lot's of room to increase rent if you put new kitchen, update bathrooms, rents should be at least $1950 to $2000 a month. This 4-plex can provide steady income for investor, and the fact that the community is growing and there is low vacancy is definitely a plus. Units had been updated, new roof in 2020, new exterior paint in 2021 and updated electrical. There is additional income from the coin-op laundry.

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Financial Data

Date Sold2023-12-29
Sold Price$935,000
Original Price$1,150,000
Current Price$975,000
Property Taxes$6,121

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Home Facts

StatusClosed
Year Built1983
Stories2
Interior Features
Exterior Features
MLS IDNWM2061269