59 Elmer City Access Road, Coulee Dam, WA 99116
- $549,900
- 3,120
- SqFt
Listing courtesy of Coldwell Banker Tomlinson R&H.
- List Price
- $549,900
- Status
- ACTIVE
- MLS#
- 2461699
- Price Change
- ▼ $50,099 1768367381
- Days on Market
- 221
- Style
- 54 - 4-Plex
- Building Condition
- Updated/Remodeled
- Finished SqFt
- 3,120
- Area Total SqFt
- 3120
- Annual Tax Ammount
- 2373
- Lot Size (sq ft)
- 15,246
- Sewer
- Sewer Connected
Property Description
Discover a premium investment opportunity with this remodeled, fully occupied 4-unit apartment building offering views of the Columbia River and nearby mountains. Each unit, featuring a modern 2-bedroom, 1-bath configuration, was updated in 2020 with stylish quartz countertops, stainless steel appliances, and durable vinyl plank flooring. The building, located in an area close to amenities, transportation, and recreation, which ensures a consistent income stream with all units currently leased. Recent renovations minimize maintenance costs, making this property a low-maintenance investment gem. Tenants enjoy ample parking and open living spaces that enhance their living experience. Come take a look before its gone!
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Additional Information
- List Date
- 2025-12-20 22:09:22
- Community
- Coulee Dam
- Net Operating Income
- $54,409
- Gross Adjusted Income
- $59,700
- Gross Scheduled Income
- $59,700
- Total Monthly Income
- $4,975
- Insurance Expenses
- $2,152
- Water/Sewer/Garbage Expenses
- $766
- Gross Rent Multiplier
- 9.97
- Total Expenses
- $5,291
- Cap Rate
- 9
- Total Number of Units
- 4
- Unit Name
- 59
- Potential Terms
- Assumable, Cash, Conventional, FHA
- Year Built
- 1982
- View
- Mountains, River, Territorial
- Roof
- Composition
- Site Features
- Fenced-Partially, High Speed Internet, Patio
- Energy Source
- Electric
- School District
- Grand Coulee
- Total Monthly Income
- $4,975
- Gross Scheduled Income
- $59,700
- Gross Adjusted Income
- $59,700
- Tax Year
- 2025
- Insurance Expense
- $2,152
- W/S/G Expenses
- $766
- Total Expenses
- $5,291
- Net Operating Income
- $54,409
- Gross Rent Multiplier
- 9.97
- Cap Rate
- 9
Based on information submitted to the MLS GRID as of . 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.IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.