2508 E Lewis, Pasco, WA 99301

CASH ONLY - Sale includes 11 rental units on one parcel of 2.14 acres (with room to possibly build additional rental units and/or a mini storage). The 8 Plex consists of 8 One Bedroom, One Bath units that average $600 a month when rented, one large house (3 BR+, 2 Bath) that is rented at @$1,000 month, two small 2 bedroom houses that should rent at $700 month (one of which is vacant and in need of repairs and the other is rented. Total cash flow when fully rented is $7,205 a month, currently (as of December 2016) rental income is at $3,175 a month with two more vacancies expected to be filled in January 2017. Estimated taxes, insurances and utilities expenses are $1,750 month. Fully rented nets $5,455 a month, less any other expenses you may have. Laundromat unit (with owned coin operated washers and dryers stay) and seller advises it nets about an additional $400 a month when fully rented. Some of the units are in rough condition, so if you're not afraid the roll up your sleeves, this one is for you! (Interior pictures are of one of the units that has been remodeled).