506-508 2nd Avenue

Zillah, WA 98953

$875,000
Price
Beds
3,000 Sq. Ft.
$292 / Sq. Ft.
3,000
Sq. Ft.
$292
per Sq. Ft.

Description

Discover an excellent investment opportunity with this well-maintained 6-unit complex, perfectly situated in a sought-after part of Zillah. This charming property features six individual units, each offering 1 bedroom and 1 bathroom within a cozy 500 square feet of living space. Each unit is designed for comfort and functionality, with a practical layout ideal for both long-term and short-term rentals. Every unit benefits from its own detached garage, providing convenient storage solutions or additional...Discover an excellent investment opportunity with this well-maintained 6-unit complex, perfectly situated in a sought-after part of Zillah. This charming property features six individual units, each offering 1 bedroom and 1 bathroom within a cozy 500 square feet of living space. Each unit is designed for comfort and functionality, with a practical layout ideal for both long-term and short-term rentals. Every unit benefits from its own detached garage, providing convenient storage solutions or additional space for personal use. The property has enjoyed consistent rental demand, with steady rent prices reflecting the high desirability of the area. There is also unfinished basement space that offers potential for improvement to the already great investment property.
  1. Listed by Tyler Van Horn • John L Scott Yakima

Property Details for 506-508 2nd Avenue

Zoning
C - Commercial
LISTING UPDATED: 08/21/2024 03:17 PM

Property Details for 506-508 2nd Avenue

StatusActive
MLS #24-1793
Days on Market46
Taxes$4,457 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family / Apartment
Year Built1947
Lot Size0.26 AC / 11,325 SF
CountyYakima County

Building Information for 506-508 2nd Avenue

Stories-Residences-Year Built1947Building Size-Lot Size0.26 AC / 11,325 SF

Property Information for 506-508 2nd Avenue

Summary
Location and General Information
  • Absolute Longitude: 120.261476
  • Area (with SubArea): 13N - Zillah
  • City: Zillah
  • State/Province: WA
  • Zip Code: 98953
  • Directions: Exit 52 / North on W 1st Ave in Zillah / Left on 5th St / Right on 2nd Ave / Property on right
Taxes and HOA Information
  • Taxes: $4,457.41
  • Parcel Number: 20113612475 & 201136124
  • Spec Tax Designation: None
  • Tax Year: 2024
School Information
  • School District: Zillah
Parking
  • Unit Information: # Garages: 6
  • Garage Capacity: 4 or more
Property
Lot Information
  • Total Approx Lot SF: 0.26
  • Total Approx Building SF: 3000.0
  • Acreage M/L: 0.26
  • Lot Front Ft Approx: 120.0
  • Lot Depth Ft Approx: 95.0
  • Year Built: 1947
  • Sq Ft Source: County Assessor
Property and Assessments
  • Construction Style: Frame
  • Picture Count: 17
  • Document Count: 7
Utilities
  • Domestic Water: Public Water
  • Sewage System: Connected
Interior and Exterior Features
Exterior Features
  • Roof: Metal
  • Siding: Stucco
Interior Features
  • Heat: Electric, Heat Pump
  • Unit Information: # Ranges: 6
Multi Family
Income & Expenses
  • Gross Mo Income: $6,300.00
Multi-Family Information
  • number Units: 6.0
Unit Information
Unit A
  • Unit A # Bathrooms: 1.0
  • Unit A # Units: 1
  • Unit A Approx Sq Ft: 500.0
  • Unit A Monthly Rent$: $1,000.00
Unit B
  • Unit B # Bathrooms: 1.0
  • Unit B # Units: 1
  • Unit B # Bedrooms: 1
  • Unit B Approx Sq Ft: 500.0
  • Unit B Monthly Rent$: $1,000.00
Unit C
  • Unit C #BA: 1.0
  • Unit C # Units: 1
  • Unit C Approx Sq Ft: 500.0
  • Unit C Monthly Rent$: $1,000.00
Unit D
  • Unit D # Bathrooms: 1.0
  • Unit D # Units: 1
  • Unit D # BR: 1
  • Unit D Approx Sq Ft: 500.0
  • Unit D Monthly Rent$: $1,100.00
Unit 1
  • Number of Units: E
  • Number of Bathroom: 1
  • Standard Baths: 1
  • Standard Beds: 1
Unit 2
  • Number of Units: F
  • Number of Bathroom: 1
  • Standard Baths: 1
  • Standard Beds: 1
Rental
Rent Information
  • Terms: Cash, Commercial, Conventional
  • Rental Amenities: Storage

Property History for 506-508 2nd Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 506-508 2nd Avenue

This home is within Zillah School District.
Rating
School
Type
Grades
Distance
Public - PK to 3
Public - 4 to 6
Public - 7 to 8
Public - 9 to 12
Rating
School
Distance
Hilton Elementary School
PublicPK to 3

Zillah Intermediate School
Public4 to 6

Zillah Middle School
Public7 to 8

Zillah High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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506-508 2nd Avenue is a multi-family home for sale in Zillah, WA 98953. This property was listed for sale on August 5, 2024 by John L Scott Yakima, it's currently listed at $875,000. This listing's school district is Zillah School District. Nearby schools include Hilton Elementary School, Zillah Intermediate School and Zillah Middle School. 506-508 2nd Avenue is a 0-bed, 0-bath, 3,000 sqft multi-family home built in 1947.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of John L Scott Yakima

Listing provided courtesy of NWMLS, RMLS or Yakima MLS. The information contained in this listing has not been verified by Compass or the MLS and should be verified by the buyer. The DOM value represents the number of days this listing has been Active on this website.