4802 Porlier LN Pasco, WA99301
$4,600,000
16 total units
6 total bedrooms
6 total bathrooms
$290,736 annual income
Capitilization Rate: 4.08
2215 total sq. ft
1 to 2.99 Acres
Zoning: R4
923 days on market
VestorFilter™
Price per unit$287.5K/unit
Price per ft²$2,076.75/ft²
Price per acre$4.6M/ac
Price per bedroom$766.7K/bed
Time on market923 days
Property Description
Multi-Family Investment Opportunity - 16 Island Estate Townhomes, 100% Occupied, located in Pasco, WA. Each home is located in the quiet neighborhood situated just one block from shopping/restaurants. Each home, built in 2005, has approx. 2,215 SF, 3 bedrooms, 3.5 baths, two gas fireplaces, 2 car attached garage, full size washer/dryer, private decks, some upgraded with stainless steel appliances. Separate tax parcels. HOA covers exterior landscaping. Fully leased/rent upside. $196,025 Est NOI
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Financial Data
Date Sold2021-11-15
Sold Price$4,600,000
Original Price$4,800,000
Current Price$4,600,000
Property Taxes$42,460
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Home Facts
StatusSold
Year Built2005
MLS ID21034750
Unit Details
Unit 1
Unit 2