1900 -1902 N Regal Street, Ellensburg, WA 98926
Courtesy of Coldwell Banker Central
- $419,900
- 1,622
- SqFt
- List Price
- $419,900
- Status
- ACTIVE
- Days on Market
- 73
- MLS#
- 2543194
- Subtype
- Residential Income
- Style
- 52 - Duplex
- Year Built
- 1988
- Living Area
- 1,622
- Lot Size
- 7,841
- Acres
- 0.18
- Subdivision
- 18th/Ellensburg
- Neighborhood
- 18th/Ellensburg
- MLS Area Major
- Lower Kittitas County
Property Description
This 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.
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Additional Information
- Exterior Features
- Wood, Wood Products
- Property Description
- 52 - Duplex
- Flooring
- Laminate, Vinyl, Carpet
- Heating
- Baseboard, Wall Furnace
- Air Conditioning
- None
- Roof
- Composition
- Garage Spaces
- 2
- School District
- Ellensburg
- Elementary School
- Buyer To Verify
- Middle School
- Buyer To Verify
- High School
- Buyer To Verify
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.