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The Carlyle

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The Carlyle

2105 Pullen St, Richland, WA 99354
Multi-Family For Sale Available Built 1965 2 floors Zoning: C-LB
Asking Price
$3,350,000
Total Building15,284 SF
Land30,056 SF land
Parking Total35
& Uncov.
MarketBenton County
CountyBenton

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Overview

Property ID
305101
Listing ID
703588
Type
Multi-Family
Asset Class
Multi-Family
Zoning
C-LB

Description

Located at 2105 Pullen St, Richland, WA 99354, The Carlyle presents a lucrative investment opportunity in the heart of Richland. This 25-unit garden-style community has undergone over $115,000 in recent capital improvements, elevating it to a competitive asset in the thriving Tri-Cities rental market. Featuring renovated unit interiors with modern finishes, new roofing, fresh exterior paint, and abundant parking, The Carlyle offers a turnkey investment with a 5.83% cap rate and high tenant retention. With three units ready for rent increases and a potential basement conversion, this property provides immediate cash flow and room for added value. Investors looking for stable income and growth potential will find The Carlyle an attractive opportunity, whether as a standalone purchase or part

Listing Courtesy of:

SC
Steven Chattin
Berkadia Real Estate Advisors, LLC
411 108th Avenue NE Suite 1080,
Bellevue, WA 98004
State: WA City: Richland ZIP: 99354 Type: For Sale

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Disclaimer: The information contained in this listing has not been verified by Muljat Commercial and should be verified by the buyer.