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724 W Ruby Street

Pasco, WA 99301
  • $1,150,000
  • STATUS: Pending
  • MLS #: 2213101
Under Contract
UPDATED: 167 min ago
$1,150,000
  • 0
    BEDS
  • 0.37
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 7,392
    SQFT
  • $156
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1977
County:

School Information

Elementary School:
Middle School:
High School:
School District:
Northwest MLS logo Listing information ©2024 Northwest MLS. Listing courtesy of The Paragon Group.
Mortgage Calculator is provided by BoomTown.

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.

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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 Reuben Bray Homes | Realty One Group Prestige are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. The three tree icon refers to an NWMLS listing. Data last updated 2024-07-13T00:16:05.953. The "Days on Site" data field is calculated by BoomTown and is the number of days since the listing was originally received in our system. It is not the equivalent of "Days on Market".
Based on information submitted to the MLS GRID as of 2024-07-13T00:16:05.953. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
www.reubenbrayhomes.com/homes/148761426
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724 W Ruby Street Pasco, WA 99301

  • Price: $1,150,000
  • Status: Pending
  • On Site: Days
  • Updated: 167 min ago
  • MLS #: 2213101
0
Beds
0
Baths
0
½ Baths
0.37
Acres
7,392
SQFT
$156
$/SQFT
1977
Built
Neighborhood:
Pasco
County:
Franklin
Area:
Franklin County
Elementary School:
Buyer To Verify
Middle School:
Buyer To Verify
High School:
Buyer To Verify
School District:
Pasco
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.
Exterior Features

Carport Spaces 0 Carport YN No Covered Spaces 0 Exterior Features StoneWood Lot Size Dimensions 65X124.6 Open Parking Spaces 16 Open Parking YN Yes Parking Total 16 Parking Uncovered Spaces 16 Roof Metal Structure Type Multi Family Style Code 55 - 5-9 Units View YN No Waterfront YN No

Interior Features

Baths Full Upper 0 Baths Half Upper 0 Baths Three Quarter Upper 0 Bedrooms Upper 0 Building Area Total 7392 Cooling Ductless HP-Mini Split Cooling YN Yes Fireplace YN No Fireplaces Total 0 Flooring Laminate Heating Ductless HP-Mini Split Heating YN Yes Interior Features Laminate Living Area 0 Square Footage Finished 0 Square Footage Unfinished 0

Property Features

Amenities See Remarks Association Fee 0 Association YN No Common Interest Multi-Family Energy Source Electric FIRPTAYN No First Right Of Refusal No Foundation Details Slab Irrigation Water Rights YN No Listing Terms Conventional Net Operating Income 65787 New Construction YN No Possession Closing Possible Use Multi-FamilyResidential Power Production Type Electric Property Condition Good Property Sub Type Multi-Family Senior Community YN No Sewer Sewer Connected Special Listing Conditions None Tax Annual Amount 7467 Tax Year 2023 Units In Building Total 8 Water Source Public Zoning Class Multi-FamilyResidential Zoning Jurisdiction City



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 Reuben Bray Homes | Realty One Group Prestige are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. The three tree icon refers to an NWMLS listing. Data last updated 2024-07-13T00:16:05.953. The "Days on Site" data field is calculated by BoomTown and is the number of days since the listing was originally received in our system. It is not the equivalent of "Days on Market".
Based on information submitted to the MLS GRID as of 2024-07-13T00:16:05.953. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
 
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Reuben Bray Homes | Realty One Group Prestige
11818 SE Mill Plain Blvd Ste. 403
Vancouver WA, 98684
Northwest MLS logo Listing information ©2024 Northwest MLS. Listing courtesy of The Paragon Group.
Mortgage Calculator is provided by BoomTown.