1210 S Kinney Way
Prosser, WA 99350
- – beds
- – baths
- 12,078 sqft
- ~3/4 acre lot
- $132 per sqft
- 1978 build
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Download the Offering Memorandum today for all the property, financials, and location details. In-place levered cash-on-cash return potential of 7.7% and proforma 16.9%. This opportunity features under-market rents of $261 per unit per month. Market rent has been proven in recently leased Unit C of $1,025 without any additional upgrades to exterior or interiors. Sale also includes a development opportunity on a vacant lot and the manufactured home lot, totaling 0.367 acres which would allow for 7 units under current Prosser zoning: Residential, High Density. The current owner has invested $53,500 in capital improvements in both interior and exterior renovations since 2013.
Last checked:
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Last updated Sep 5, 2024
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MLS# 1819541 —
The Building
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Year Built:1978
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Year Built:1978
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Year Built Source:Public Records
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New Construction:false
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Structure Type:Quadruplex
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Exterior Features:Wood
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Roof:Composition
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Units In Building Total:13
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# of Units Total:13
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Stories Total:2
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Building Area Total:12078
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Building Area Units:Square Feet
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Calculated SqFt:12078
Interior
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Interior Features:Forced Air
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Furnished:Unfurnished
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Flooring:Vinyl Plank
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Fireplace:false
Financial & Terms
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Possession:Closing
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Buyer Financing:Deed of Trust
Location
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Latitude:46.196103
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Longitude:-119.775741
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Directions:From downtown Prosser, head Southwest on Bennett Ave. Turn left on S Kinney Way. Property will be on your left in 0.3 miles.
The Property
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Property Type:Residential Income
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Property Subtype:Multi-Family
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Property Condition:Remodeled
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Parcel Number:111841130000001
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Lot Features:Paved
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Lot Size Units:Square Feet
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Lot Size Acres:0.742
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Lot Size SqFt:32321
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Lot Size Source:Public Records
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Zoning Class:Multi-Family
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Zoning Jurisdiction:City
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View:Mountain(s)
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View:true
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Waterfront:false
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Possible Use:Multi-Family
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Irrigation Water Rights:false
Listing Agent
- Contact info:
- Agent phone:
- (509) 539-8048
- Office phone:
- (509) 539-8048
Taxes
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Tax Year:2021
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Tax Annual Amount:8781
The Listing
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Special Listing Conditions:None
Heating & Cooling
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Cooling:true
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Heating:true
Utilities
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Water Company:City Of Prosser
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Water Source:Public
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Sewer:Available
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Sewer Company:City Of Prosser
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Power Company:Benton Pud
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Water Sewer Garbage:9828
Schools
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High School District:Prosser
The Community
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Subdivision Name:Prosser
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Amenities:Playground,Storage
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Senior Community:false
Parking
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Parking Total:25
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Parking Uncovered Spaces:25
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Open Parking:true
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Open Parking Spaces:25
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Carport:false
Listing courtesy of NWMLS / The Paragon Group. Bought with The Paragon Group.
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Max Internet Speed
Provided by BroadbandNow®
View a full reportThis is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
9/15/21
Sep 15, 2021
|
Sold | NWMLS | $1,600,000 | 15.1% |
|
8/11/21
Aug 11, 2021
|
Sold Subject To Contingencies | NWMLS | $1,390,000 | |
|
8/4/21
Aug 4, 2021
|
Listed / Active | NWMLS | $1,390,000 |
