16 N 6th Street, Yakima, WA 98901 | 1715912 | Prime Alliance Real Estate Services

16 N 6th Street $925,000

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    16 N 6th Street Yakima, WA 98901

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    $925,000

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    • 0 Beds
    • 0 Baths
    • 7,548 sq. ft.
    • Multi-Family
    • Listing# 1715912
    16 N 6th Street, Yakima, WA 98901
    16 N 6th Street, Yakima, WA 98901
    16 N 6th Street, Yakima, WA 98901
    16 N 6th Street, Yakima, WA 98901
    16 N 6th Street, Yakima, WA 98901
    16 N 6th Street, Yakima, WA 98901
    16 N 6th Street, Yakima, WA 98901
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    Listing provided courtesy of: Kidder Mathews
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    Views: 3 Days On Site: 3

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    Saturday 16 Jan
    Sunday 17 Jan
    Monday 18 Jan
    Tuesday 19 Jan
    Wednesday 20 Jan
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    Property Details

    Coachman Apts. is a 2-story, well-maintained apartment building in a designated Opportunity Zone located in downtown Yakima. The building has 12 one-bedroom units that the owner has replaced tub surrounds, installed ventilation, replaced flooring, and repainted on turnover. In 2019 the property got a new roof, new exterior paint, and new building signage. Coachman offers investors a well-maintained asset with significant rental upside with rents an estimated 30+/- below market. An investor can capitalize on the income by increasing rents, creating additional amenities, & capturing additional revenue sources such as utility bill-back. Each unit at the Coachman has its own parcel # allowing for an alternative exit strategy as condos.

    • General Features
      • County Or Parish Yakima
      • Furnished Unfurnished
      • Leasable Area 7548
      • Leasable Area Units Square feet
      • MLS Area Major 475 - Yakima County
      • New Construction Y/N No
      • Property Sub Type Multi-Family
      • Special Listing Conditions None
      • Style Code 56 - 10+ Units
      • Subdivision Name Yakima
      • Tax Annual Amount 7571
      • Tax Year 2022
      • Year Built 1967
    • Building Features
      • Building Area Total 7548
      • Building Area Units Square feet
      • Exterior Features Brick, Wood
      • Green Energy Efficient Thermal Windows
      • Heating Y/N Yes
      • Living Area 0
      • Living Area Units Square feet
      • Roof Composition
    • Property Features
      • Carport Spaces 0
      • Carport Y/N No
      • Covered Spaces 0
      • Irrigation Water Rights Y/N No
      • Lot Features Alley, Curbs, Paved, Sidewalk
      • Lot Size Acres 0.176
      • Lot Size Square Feet 7667
      • Lot Size Units Square feet
      • Open Parking Spaces 15
      • Open Parking Y/N Yes
      • Parking Total 15
      • Sewer Sewer Connected
      • Utilities Cable Connected,High Speed Internet,Sewer Connected,Electricity Available
      • View Y/N No
      • Waterfront Y/N No
    • Schools
      • High School District Yakima

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    Neighborhood

    98901 (Yakima) Demographics

    30 Median Age
    277 Population Density (per sq. mile)
    17% College Educated
    $37,710 Estimated Median Income
    5,357 Estimated Total Home Owners
    4,561 Estimated Total Renters
    54% / 46% Estimated Owner / Renter Divide
    3 Estimated Average Household Size
    32,349 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $364,500 Median Sales Price
    12 Homes Sold
    13 New On Market

    Average Days on Site

      Properties for Sale
        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source New Value: $925,000
        1/13/2021 4:18:00 PM New in Database Source New Value: $925,000

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        **Assumes 3.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.

        This property search is part of the Prime Alliance Real Estate Services website. Listing information is courtesy of the WA-NWMLS and Prime Alliance Real Estate Services. Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with this symbol: provided by Northwest Multiple Listing Service, 2021. All information provided is deemed reliable but is not guaranteed and should be independently verified. Properties subject to prior sale or rental Information has not been verified by agent and should be verified by buyer.

        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.