106 & 108 W Pleasant Avenue

Property Description

Opportunity rings in Cashmere! Two adjacent parcels totaling 0.59 acres offer multi-family zoning for up to 12 units, ideal for long-term or short-term rentals in this high-demand area. Current storage facility provides immediate income with room to expand on the vacant lot, creating strong cash flow potential. Excellent location with easy Hwy 2 & Hwy 97 access--perfect for travelers and tenants alike. Nearby 4-plex units rent for approx. $1,900/month, and with a 6.5% cap rate, the projected value of a completed 12-unit development exceeds $2.8M. Build, expand storage, or combine both strategies for maximum return!

Overview

Property Status

For Sale

Lot Size

0.59 Acres

MLS ID

2410907

Property Type

Land

Are you interested?

Schedule a Tour

Nick Bowler

(509) 699-9498 [email protected]

Features & Amenities

View Description

Mountain(s), Territorial

Water Source

Available

Utilites

Electricity Connected

Lot Features

Dead End Street, Paved

Parking

Garage

Sewer

Available

Elementary School

Vale Elem

Middle School

Cashmere Mid

High School

Cashmere High

School District

Cashmere

Sales Price

$496,390

Real Estate Tax

$1,599/yr

Schedule a Tour

I would love to help you see this beautiful home! As a full-service brokerage, I can help you tour. Please submit an offer, and answer questions about the buying process.

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Thank you

for your interest in 106 & 108 W Pleasant Avenue, Cashmere, WA 98815

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