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Key Details
Sold Price $557,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 3,750 sqft
Price per Sqft $148
Subdivision North Kelso
MLS Listing ID 1915962
Sold Date 08/05/22
Style 55 - 5-9 Units
Year Built 1976
Annual Tax Amount $4,960
Lot Size 7,500 Sqft
Property Description
Cash-flowing property with upside located in an up and coming neighborhood is now available. This 5-plex features 2 bed/1 bath units that are approx. 750 SF each, vinyl windows, a newer roof, exterior storage for tenants, carport parking and off-street parking, and much much more. This property is being offered at a 5.8% CAP rate based on actuals and a 7.8% proforma CAP rate. This multiplex would make a great addition to your portfolio. Call today for additional information.
Location
State WA
County Cowlitz
Area 416 - North Kelso
Interior
Interior Features Wall to Wall Carpet
Flooring Vinyl, Carpet
Fireplace No
Exterior
Exterior Feature Wood Products
Utilities Available Sewer Connected, Electric
Waterfront No
View Y/N No
Roof Type Composition
Building
Sewer Sewer Connected
Water Public
New Construction No
Schools
School District Kelso
Others
Senior Community No
Acceptable Financing Cash Out, Conventional
Listing Terms Cash Out, Conventional
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