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111 W 3rd Street

Centralia, WA 98531
  • $529,900
  • STATUS: Pending Inspection
  • ON SITE: 73 days
  • ID#: 1768213
Under Contract
UPDATED: 22 min ago
$529,900
  • 0
    BEDS
  • 0.2
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1935
County:
Area:

School Information

Elementary School:
Middle School:
High School:
School District:
Listing Courtesy of Re/Max Country.

Description

Searching for a turnkey investment? Check out this recently updated rental complex located in the heart of Centralia minutes from I5 w/5 units & long-term tenants. Brand new roof, gutters & Hardie plank siding w/a fresh coat of paint. Tenants can relax on their balcony w/new railings or in the fully fenced courtyard. Units feature recently replaced windows & blinds, doors, laminate floors & new appliances. New Electrical wiring throughout, individually metered by unit, w/new switches, outlets, light sockets & wall heaters. New water heater in kitchen w/new cabinets. Complex hosts coin-operated Laundry generating $150/m. Over 6% Cap Rate & Yearly Gross of over 41k/y. Opportunities like this don't come around often, don't miss out to invest!

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The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than NW Home Experts are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2021-07-30T18:15:22.253.

www.nwhomeexperts.com/homes/117308691
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111 W 3rd Street Centralia, WA 98531

  • Price: $529,900
  • Status: Pending Inspection
  • Updated: 22 min ago
  • ID#: 1768213
0
Beds
0
Baths
0
½ Baths
0.2
Acres
1935
Built
Neighborhood:
Centralia
County:
Lewis
Area:
Centralia
Elementary School:
Edison Elem
Middle School:
Centralia Mid
High School:
Centralia High
School District:
Centralia
Property Description
Searching for a turnkey investment? Check out this recently updated rental complex located in the heart of Centralia minutes from I5 w/5 units & long-term tenants. Brand new roof, gutters & Hardie plank siding w/a fresh coat of paint. Tenants can relax on their balcony w/new railings or in the fully fenced courtyard. Units feature recently replaced windows & blinds, doors, laminate floors & new appliances. New Electrical wiring throughout, individually metered by unit, w/new switches, outlets, light sockets & wall heaters. New water heater in kitchen w/new cabinets. Complex hosts coin-operated Laundry generating $150/m. Over 6% Cap Rate & Yearly Gross of over 41k/y. Opportunities like this don't come around often, don't miss out to invest!
Exterior Features

Carport Spaces 0 Carport YN No Covered Spaces 0 Exterior Features Cement Planked Lot Features PavedSidewalk Open Parking Spaces 4 Open Parking YN Yes Parking Total 4 Parking Uncovered Spaces 4 Roof Composition Structure Type Multi Family Style Code 55 - 5-9 Units View YN Yes Waterfront YN No

Interior Features

Fireplace YN No Flooring Laminate Foundation Details Poured Concrete Furnished Unfurnished Heating Cooling Type Wall Heating YN Yes

Property Features

Building Name Railroad Electric Expense 0 Electric On Property YN False Fuel Expense 0 Gross Scheduled Income 41100 Insurance Expense 843 Irrigation Water Rights YN No Leased Items None Listing Terms Cash OutConventionalOwner Financing Lot Number 12-16 Net Operating Income 32123 New Construction YN No Possible Use Residential Power Production Type Electric Property Condition Very Good Property Sub Type Multi-Family Sewer Sewer Connected Site Features DeckFenced-PartiallyHigh Speed Internet Special Listing Conditions None Tax Annual Amount 1746 Tax Year 2020 Total Expenses 8976 Units In Building Total 5 Utilities High Speed InternetSewer ConnectedElectricity Available Water Sewer Garbage 6387 Water Source Public Zoning Class Residential Zoning Jurisdiction City

Listing information © 2021 Northwest Multiple Listing Service. Information is based on data available to the associate, including county records. The information contained in this listing has not been verified by NW Home Experts and should be verified by the buyer.


The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than NW Home Experts are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2021-07-30T18:15:22.253.

 
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NW Home Experts
2211 Elliott Avenue Suite 200
Seattle WA, 98121
Listing Courtesy of Re/Max Country.