$419,900
Excellent investment opportunity near Central Washington University! This well-maintained duplex generates $2,500 per month in gross rental income and offers a proven history of consistent occupancy with low tenant turnover. Each unit features 2 bedrooms, 1 bathroom, in-unit laundry, a single-car garage, and a large private yard space that has been a major draw for tenants.Tenants pay all utilities and are responsible for yard maintenance, helping keep operating expenses low. Recent improvements include a new water line for Unit 1902 (2025), roof overlay, and new flooring and carpet in Unit 1900. Located in a neighborhood comprised primarily of duplex properties and bordered by Mercer Creek. Current flood insurance premium is approximately $410 per year.With stable cash flow already in place, this property presents an attractive opportunity for investors seeking value-add potential through future rent increases, cosmetic improvements, and possible reconfiguration of existing garage space, subject to buyer verification and applicable regulations. A solid income-producing asset with desirable tenant amenities, strong rental history, and potential for future appreciation and income growth.
2543194
MLS
⋅
ACTIVE
Status
1900 -1902 N Regal Street, Ellensburg
Listing courtesy of Coldwell Banker Central.
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