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$599,000   Price Analysis
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706 S Ruby St
Ellensburg, WA 98926
Unknown bed None bath 2,930 SqFt ($204/SqFt)
7,680SqFt lot. Built 1930
Listed 2024-04-04, Taxes $5,221
USDA Eligible
near Ellensburg, WA
 Restrictions may apply
due to home size

Introducing an exceptionl investment opportunity: this 5-unit multi-family property near downtown

Boasting a zero percent vacancy history. This property features a roomy 3-bedroom, 1-bath main home, complemented by three 1-bedroom, 1-bath units and one 2-b edroom, 1-bath unit.

With its prime location and diverse unit offerings, this property promises consistent rental income and long-term value for savvy investors.


Presented by April Richter at
RE MAX Community One Realty.


Property MLS #2217457 from NWMLS

Laminate
Flooring: Laminate

Heating Features: Wall
Heating Fuel: Electric
Heating: Yes

Cement Planked
Wood Products

Lot Size Acres: 0.1763085
Lot Size Square Feet: 7680

Open Parking Spaces: 7
Open Parking: Yes
Parking Total: 7

Elementary School: Buyer To Verify
High School: Buyer To Verify
High School District: Ellensburg
Middle School: Buyer To Verify

Ellensburg Christian School is a private elementary and middle school located approximately 0.2 miles away.
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Lincoln Elementary School is a public elementary school located approximately 0.4 miles away.
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Morgan Middle School is a public middle school located approximately 0.5 miles away.
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Ellensburg High School is a public high school located approximately 0.9 miles away.
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Gross Scheduled Income: 51600
Leasable Area: 3052
Leasable Area Units: Square Feet

Number of Units: 5
Bedrooms in Unit-1: 1
Bedrooms in Unit-2: 1
Bedrooms in Unit-3: 1
Bedrooms in Unit-4: 2
Bedrooms in Unit-5: 3
Total Bathrooms in Unit-1: 1
Total Bathrooms in Unit-2: 1
Total Bathrooms in Unit-3: 1
Total Bathrooms in Unit-4: 1
Total Bathrooms in Unit-5: 1
Unit-1 Description: 1
Unit-2 Description: 1
Unit-3 Description: 3
Unit-4 Description: 4
Unit-5 Description: 5
Unit-1 Square Feet: 440
Unit-2 Square Feet: 440
Unit-3 Square Feet: 400
Unit-4 Square Feet: 750
Unit-5 Square Feet: 900
Unit 1 Total Actual Rent: 750
Unit 2 Total Actual Rent: 525
Unit 3 Total Actual Rent: 575
Unit 4 Total Actual Rent: 1250
Unit 5 Total Actual Rent: 1200

Calculated Total Monthly Association Fees: 0

Annual Tax Amount: 5513.29
Source Listing Status: Active
Country Region: US
County: Kittitas
Cap Rate: 6.25
Directions: From Main Street, East on Mountain View Ave, North on Ruby St, home will be on the right.
Tax Year: 2024
Source Property Type: Multi-Family
Insurance Expense: 3826.920000000
Area: 949 - Lower Kittitas County
List Development Name: Central Ellensburg
Source Neighborhood: Central Ellensburg
Parcel Number: 377933
Subdivision: Central Ellensburg
Source System Name: C2C
Buyer Agent Commission: 2.5

YearAssessments
Building + Land
Total
Tax
2023$416,100 + $96,000
$512,100
$5,221
2022$226,790 + $71,870
$298,660
$5,247
2021$228,500 + $61,360
$289,860
$3,542
2020$203,340 + $61,360
$264,700
$3,320
2019$188,390 + $61,360
$249,750
$3,245
2018$188,390 + $61,360
$249,750
$3,371
2017$162,090 + $50,570
$212,660
$2,959
2016$162,090 + $50,570
$212,660
$2,861
2015$162,090 + $50,570
$212,660
$2,720
2014$162,090 + $50,570
$212,660
$2,590
2013$162,090 + $50,570
$212,660
$2,507
2012$162,090 + $50,570
$212,660
$2,367
2011$143,270 + $51,420
$194,690
$1,953
2009$143,270 + $51,420
$194,690
$1,871
2008$143,270 + $51,420
$194,690
$1,929
2007$74,950 + $31,280
$106,230
$1,185

Listed 2024-04-04
$599,000
NWMLS
Sold 2020-12-04
$405,000
NWMLS
Sold 2019-07-02
$329,000
Public Record
Sold 2015-11-13
$140,000
NWMLS
Sold 2010-09-17
$140,000
Public Record
Price Changed 2010-06-25
$164,950
NWMLS
Relisted 2010-06-18
$140,000
NWMLS
Listing removed 2010-06-17
$140,000
NWMLS
Price Changed 2010-06-12
$164,950
NWMLS
Relisted 2009-10-27
$179,950
NWMLS
Listing removed 2009-10-21
$179,950
NWMLS
Relisted 2009-07-13
$179,950
NWMLS
Listing removed 2009-07-02
$179,950
NWMLS
Price Changed 2009-06-15
$179,950
NWMLS
Price Changed 2009-05-27
$189,950
NWMLS
Listed 2009-05-06
$195,000
NWMLS
Sold 2006-03-31
$234,950
Public Record
Sold 2003-06-17
$115,000
Public Record

Net Operating Income: 37460
Operating Expense: 14140.20999999

Power Production Type: Electric
Sewer: Sewer Connected

Building Area Units: Square Feet
Foundation Details: Poured Concrete
Living Area Units: Square Feet
Property Age: 94
Roof: Composition
Building Total Stories: 2
Structure Type: Multi Family
House Style: 5-9 Units
Elevation Units: Feet
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.