$475,000 Price Analysis    ♡   Quincy, WA 98848 Unknown bed None bath 2,256 SqFt ($210/SqFt) 0.28 acre lot. Built 1950 Listed 2024-03-21, Taxes $1,747 | ✓ USDA Eligible near Low Gap, WA Restrictions may apply due to home size |
Price reduced!
Quincy's rise as the Center of the Cloud ensures economic stability and abundant sunshine, making it an ideal investment hub. The Columbia Apartments epitomize a landlord's dream with low maintenance and constant occupancy. F eaturing vinyl windows, updated plumbing, new water tanks, modern flooring and a sturdy metal roof, alongside ample parking.
The complex includes a central utility room, prepped with newer washer and dryer. Strategically located near markets, restaurants and cafes on F Street SE and Central Ave S, ths turnkey 4-plex investment offers fully-rented units with potential for rent increases. Recent updates in paint, flooring, landscaping and a shared laundry room boosting attractiveness to tenants. Hurry!
Presented by Greg Walker at
Realogics Sotheby's International Realty - Downtown Seattle Belltown.
Property MLS #2207947 from NWMLS
Flooring: Laminate Hardwood, Vinyl
Heating Fuel: Electric
Heating: Yes
Lot Size Acres: 0.2842
Lot Size Square Feet: 12381
Open Parking: Yes
Parking Features: RV Parking
Parking Total: 10
Leasable Area: 2000
Leasable Area Units: Square Feet
Bedrooms in Unit-1: 1
Bedrooms in Unit-2: 1
Bedrooms in Unit-3: 1
Bedrooms in Unit-4: 1
Total Bathrooms in Unit-1: 1
Total Bathrooms in Unit-2: 1
Total Bathrooms in Unit-3: 1
Total Bathrooms in Unit-4: 1
Unit-1 Description: 222
Unit-2 Description: 224
Unit-3 Description: 226
Unit-4 Description: 228
Unit-1 Square Feet: 500
Unit-2 Square Feet: 500
Unit-3 Square Feet: 500
Unit-4 Square Feet: 500
Unit 1 Total Actual Rent: 750
Unit 2 Total Actual Rent: 800
Unit 3 Total Actual Rent: 800
Unit 4 Total Actual Rent: 750
Map directions Map directions Map directions Map directionsSource Listing Status: Active
Country Region: US
County: Grant
Cap Rate: 6
Directions: GPS works great!
Tax Year: 2024
Source Property Type: Multi-Family
Possible Use: Multi-Family
Insurance Expense: 1501
Area: 292 - West Grant County
List Development Name: Quincy
Source Neighborhood: Quincy
Parcel Number: 040728000
Street Suffix Modifier: Street
Subdivision: Quincy
Zoning: MultiFamily
Source System Name: C2C
Buyer Agent Commission: 2.5
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2023 | $139,690 + $71,605 $211,295 | $1,747 |
| 2022 | $139,690 + $71,605 $211,295 | $1,845 |
| 2021 | $207,220 + $40,800 $248,020 | $2,405 |
| 2020 | $139,555 + $40,800 $180,355 | $1,805 |
| 2019 | $126,870 + $40,800 $167,670 | $1,675 |
| 2018 | $83,265 + $40,800 $124,065 | $1,392 |
| 2017 | $83,265 + $40,800 $124,065 | $1,394 |
| 2016 | $81,435 + $40,800 $122,235 | $1,209 |
| 2015 | $75,570 + $32,600 $108,170 | $1,153 |
| 2014 | $68,700 + $32,600 $101,300 | $1,178 |
| 2013 | $68,700 + $32,600 $101,300 | $1,269 |
| 2012 | $68,700 + $32,600 $101,300 | $1,234 |
| 2011 | $68,700 + $32,600 $101,300 | $1,099 |
| 2010 | $68,700 + $32,600 $101,300 | $1,080 |
| 2009 | $68,700 + $26,000 $94,700 | $1,076 |
| 2008 | $68,700 + $26,000 $94,700 | $1,165 |
$475,000
NWMLS
Price Changed 2024-06-12
$499,950
NWMLS
Listed 2024-03-21
$525,000
NWMLS
Sold 2019-04-25
$319,800
Public Record
Sold 2017-08-03
$250,000
Public Record
Sold 1985-06-01
$48,000
Public Record
Operating Expense: 7809
Power Production Type: Electric
Sewer: Sewer Connected
Water Source: Public
Building Area Units: Square Feet
Building Name: Johnsons 4th
Foundation Details: Poured Concrete
Living Area Units: Square Feet
Property Age: 74
Property Condition: Good
Roof: Metal
Building Total Stories: 1
Structure Type: Quadruplex
House Style: 4-Plex
Elevation Units: Feet
Year Built Effective: 1950
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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.