MLS# 276707 Excellent opportunity to invest in one of the nation's fastest-growing markets: Tri-Cities, Washington. High job growth and strong rental demand. The sale includes 13 units on 0.48 acres and all associated improvements. One unit is 3b/1b, six units are 2b/1b, two units are 1b/1b, and four units are studios. Units have a fridge and range oven provided by landlord. Tenants provide their own microwave. There is a shared on-site laundry as an additional revenue stream for landlord. There are also two garages, five storage units, and dedicated parking stalls that can be rented out. Cap rate 6.8%.
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The average household income in
Pasco, WA
grew
from
$57,440
to
$59,969
in the past year. This data is an estimate based upon
20,884
households in
Pasco, WA. The chart below presents how household income is distributed in
Pasco, WA
in comparison to the revenue allocation amid households nationally.
Property Taxes
Average range: $2k-$3k
One of the most important aspects for property owners is the amount of property taxes. This graph shows
distribution of property taxes in
Pasco, WA
compared to median property taxes around the country. The prevalent amount of property taxes in
Pasco, WA
equals
$2k-$3k
, which is
less
than the national average.