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    10 Monohon Landing Road

    Raymond, WA 98577
    • $3,750,000
    • STATUS: Active
    • ON SITE: 109 days
    • ID#: 1736386
    UPDATED: 21 min ago
    $3,750,000
    • 0
      BEDS
    • 2.99
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    2009
    County:
    Area:

    School Information

    Elementary School:
    Middle School:
    High School:
    School District:
    Listing Courtesy of Re/Max Extra Inc..

    Description

    Opportunity knocks, great cashflow!! 24 apartments (2, 3-story buildings) 6-one bed units 12-2 bed/2bath units and 6 3 bed/2ba units with ample parking. PLUS 72 Storage units. Most of the units have been updated with granite counters. Patios, decks, W/D & river views. Rents include water/sewer/garbage. everything is always full with a waiting list. Onsite manager easy for absentee owner. Beautiful corner setting on river w/ mature landscape near town/highway. Boat/RV parking could bring in additional income. Additional income source from two extra parcels previously approved by city. for 18 unit building & 12 storage units. NOT in a flood zone.

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    The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Ben Kinney Real Estate Team - Keller Williams Western Realty are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2021-06-20T18:14:00.973.

    www.home4investment.com/homes/114654254
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    10 Monohon Landing Road Raymond, WA 98577

    • Price: $3,750,000
    • Status: Active
    • Updated: 21 min ago
    • ID#: 1736386
    0
    Beds
    0
    Baths
    0
    ½ Baths
    2.99
    Acres
    2009
    Built
    Neighborhood:
    Raymond
    County:
    Pacific
    Area:
    Raymond
    Elementary School:
    Raymond Elem
    Middle School:
    Raymond Jnr Snr High
    High School:
    Raymond Jnr Snr High
    School District:
    Raymond
    Property Description
    Opportunity knocks, great cashflow!! 24 apartments (2, 3-story buildings) 6-one bed units 12-2 bed/2bath units and 6 3 bed/2ba units with ample parking. PLUS 72 Storage units. Most of the units have been updated with granite counters. Patios, decks, W/D & river views. Rents include water/sewer/garbage. everything is always full with a waiting list. Onsite manager easy for absentee owner. Beautiful corner setting on river w/ mature landscape near town/highway. Boat/RV parking could bring in additional income. Additional income source from two extra parcels previously approved by city. for 18 unit building & 12 storage units. NOT in a flood zone.
    Exterior Features

    Carport Spaces 0 Carport YN No Covered Spaces 0 Exterior Features Cement/ConcreteMetal/Vinyl Lot Features Corner LotPaved Open Parking Spaces 60 Open Parking YN Yes Parking Features Rv Parking Parking Total 60 Parking Uncovered Spaces 60 Roof CompositionMetal Structure Type Multi Family Style Code 56 - 10+ Units View YN Yes Waterfront Features Bank-MediumRiver Access Waterfront YN Yes

    Interior Features

    Fireplace YN No Flooring Ceramic TileEngineered HardwoodLaminateVinylCarpet Foundation Details Poured Concrete Furnished Unfurnished Heating Cooling Type Wall Heating YN Yes Interior Features Laminate Hardwood

    Property Features

    Association Fee 0 Association Fee Frequency Annually Building Name Monohon Landing Electric Expense 0 Electric On Property YN False Fuel Expense 0 Gross Scheduled Income 342240 Insurance Expense 12000 Irrigation Water Rights YN No Leased Items None Listing Terms Cash OutConventional Net Operating Income 272115 New Construction YN No Possible Use CommercialMulti-Family Power Production Type Electric Property Condition Good Property Sub Type Multi-Family Sewer Sewer Connected Site Features Cable TvDeckFenced-FullyFenced-PartiallyHigh Speed InternetOutbuildingsPatioRV Parking Special Listing Conditions None Tax Annual Amount 19728 Tax Year 2020 Total Expenses 70128 Units In Building Total 96 Utilities Cable ConnectedHigh Speed InternetSewer ConnectedElectricity Available Water Sewer Garbage 26400 Water Source Public Zoning Class CommercialMulti-Family Zoning Jurisdiction City

    Listing information © 2021 Northwest Multiple Listing Service. Information is based on data available to the associate, including county records. The information contained in this listing has not been verified by Ben Kinney Real Estate Team - Keller Williams Western Realty and should be verified by the buyer.


    The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Ben Kinney Real Estate Team - Keller Williams Western Realty are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2021-06-20T18:14:00.973.

     
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    Ben Kinney Real Estate Team - Keller Williams Western Realty
    2211 Rimland Drive Suite 124
    Bellingham WA, 98226
    Listing Courtesy of Re/Max Extra Inc..