Residential Income lot: 16196 sq ft lot - MLS# 1464877
1/1
Sold
Sold for $185,000
on Sep 23, 2019
Description
Are you looking to dip your toe into trailer park investing? This little park features a stick built house, 4 RV spaces, and a park owned mobile - totaling 6 units - just off of Highway 12 in downtown Rochester. Potential cash cow. Get in touch with your favorite real estate broker, and kick the tires!
Features
Property Type: Residential Income
Sub Type: Multi-Family
Listing Status: Sold
County/Area: Thurston County
Zip Code: 98579
Year Built: 1953
Units: 6
Bedrooms: 0
Lot Size: 0.3718
# of Parking Spaces: 8
Building Area Total: 520
Building Area Units: Square Feet
Calculated Square Footage: 520
Cap Rate: 4.4
Country: US
Directions: From I-5 head west on highway 12 to 12 and Albany. Turn left at the light, take the first left onto
Effective Year Built Source: Public Records
Electric Expense: 708
Elementary School: Buyer To Verify
Elevation Units: Feet
First Right Of Refusal: false
Furnished: Unfurnished
Gross Adjusted Income: 8119
Gross Rent Multiplier: 16
Gross Scheduled Income: 11460
Heating: Yes
Heating Cooling Type: Wall
High School: Buyer To Verify
Insurance Expense: 944
Leasable Area: 1
Living Area Units: Square Feet
Lot Features: Paved
Lot Size Square Feet: 16197
Lot Size Units: Square Feet
Main Type: Residential Income
Middle School: Buyer To Verify
Open Parking: Yes
Open Parking Spaces: 8
Other Expense: 3341
Parking Features: RV Parking
Parking Spaces: 8
Parking Uncovered Spaces: 8
Power Company: Puget Sound Energy
Power Production Type: Electric
Property Condition: Fixer
School District: Rochester
Sewer: Septic Tank
Sewer Company: Septic
Site Features: Outbuildings, RV Parking
Standard Status: Closed
Stories Total: 1
Structure Type: Multi Family
Style Code: 55 - 5-9 Units
Subdivision: Rochester
Subdivision/Neighborhood: Rochester
Tax Annual Amount: 1182
Tax Year: 2018
Total Expenses: 3341
Total Monthly Income: 955
Units Below Grade: false
Utilities: Septic, Electricity Available, Individual Well
Based on information submitted to the MLS GRID as of 2024-03-28 06:30:21. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.