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1422-1430 16th Ave, Clarkston, WA 99403

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For Sale

$595,000

12 beds • 6 baths • 7,957 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • $74.78
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

Investment Opportunity! 5-Unit Income Property in Clarkston, WA Turnkey rental investment bringing in $5,000 Potential per month! This multi-unit property features: - Three 1970s single-wide manufactured homes - One 1970s double-wide manufactured home - One 1946 stick-built home - Long-term tenants in place with a low vacancy history - Separately metered utilities (or "owner pays utilities" if applicable) - Generates a strong, consistent cash flow with potential for rent increases. Current gross income:** $60,000 annually. Cap rates in the area suggest excellent investment returns, making this property ideal for seasoned investors looking to expand their portfolio or for anyone seeking reliable passive income. Located in a quiet neighborhood close to amenities, shopping, and schools. Don t miss this rare chance to own a five-unit rental property in the heart of Clarkston! Highlights: - 5 Total Units - Gross $5,000/month Rental Income - Room for Rent Upside - Established Tenants - Central Location
MLS# 98944729

Courtesy Of RE/MAX Rock-n-Roll Realty

(208) 743-9772

Property Features

  • Age
    Over 50 Years Old
  • Architecture Style
    Other
  • Lot Size
    2.25 Acres

Map and Directions

Directions to 1422-1430 16th Ave, Clarkston, WA 99403

Home seller CENTURY 21 Price Right

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CENTURY 21 Price Right

(208) 799-2100
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Monthly Payment Breakdown

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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