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    111 W 3rd Street

    Centralia, WA 98531
    • $529,900
    • STATUS: Pending Inspection
    • ON SITE: 68 days
    • ID#: 1768213
    Under Contract
    UPDATED: 34 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 Better Properties Lacey are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2021-07-25T18:13:59.323.

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

    • Price: $529,900
    • Status: Pending Inspection
    • Updated: 34 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 Better Properties Lacey 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 Better Properties Lacey are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2021-07-25T18:13:59.323.

     
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    Better Properties Lacey
    3201 Willamette Dr NE, Ste E
    Lacey WA, 98516
    Listing Courtesy of Re/Max Country.