$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.

  • Financial Details
      • Days on Market (Cumulative)55
Lake & Company Real Estate

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