$1,142,000
Sold

724 W Ruby Street

Pasco, WA 99301
7392 sqft | 0.37 acres | #2213101
Listing OfficeThe Paragon Group
Type:Multi-Family
Structure:Duplex/Multi-Unit
Zone:Residential

Description

WORKFORCE LOCATION: Ideal workforce location in Pasco near Amazon Distribution Facilities, Darigold, and others. Property and neighborhood has sustained demand for Ruby8 with minimal vacancy for the past few years. VALUE-ADD POTENTIAL: Two units have been fully renovated and another two units partially renovated, proving market rents and property upside. NEIGHBORHOOD IMPROVEMENT: Tri-Cities Health acquired the property across the street with plans to convert it to additional parking, which will immediately improve the neighborhood and block. FLEXIBLE EXIT STRATEGY: Opportunity to split the two 4-plexes for acquisition and sales, capturing upside of residential financing and deep buyer pool for 4-unit investors.

  • Interior Details
      • InteriorLaminate
  • Property Details
      • Exterior MaterialsStone, Wood
      • Stories2
    • Measurements
      • Acres0.3707
      • Square Feet7392
  • Construction Details
      • Style55 - 5-9 Units
      • Property TypeMulti-Family
    • Condition
      • Year Built1977
    • Material information
      • FoundationSlab
  • Utilities / Energy Details
      • Sewer InformationSewer Connected
      • Utility SourcePublic
  • Community and Neighborhood Details
      • SubdivisionPasco
    • Location
      • Elementary SchoolBuyer To Verify
      • Middle SchoolBuyer To Verify
      • High SchoolBuyer To Verify
      • CountyFranklin
      • School DistrictPasco
  • Financial Details
      • Original List Price$1,150,000
      • Taxes Annual$7,467
      • Days on Market (Cumulative)55
  • Other
      • MLS #2213101
Lake & Company Real Estate

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