Bought with ZNonMember-Office-MLS
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724 W Ruby ST Pasco, WA 99301
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Key Details
Sold Price $1,142,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 7,392 sqft
Price per Sqft $154
Subdivision Pasco
MLS Listing ID 2213101
Sold Date 07/17/24
Style 55 - 5-9 Units
Year Built 1977
Annual Tax Amount $7,467
Lot Size 0.371 Acres
Lot Dimensions 65X124.6
Property 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.
Location
State WA
County Franklin
Area 245 - Franklin County
Interior
Interior Features Laminate
Flooring Laminate
Fireplace false
Exterior
Exterior Feature Stone, Wood
Waterfront No
View Y/N No
Roof Type Metal
Building
Sewer Sewer Connected
Water Public
New Construction No
Schools
Elementary Schools Buyer To Verify
Middle Schools Buyer To Verify
High Schools Buyer To Verify
School District Pasco
Others
Senior Community No
Acceptable Financing Conventional
Listing Terms Conventional
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