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Pending
$725,000
/mo   Edit
MLS# 1572429
Multi-Family/Duplex
Built 1981
0.11 acres
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    Description:   Don't miss this fantastic investment opportunity. Five unit building. All units 2BD, 1.5BA, 1, 425 sq ft. Currently rented as apartments, units could be sold individually as condominiums.

    Interior

    Approx. Sq Ft: 0 ft²
    Energy Source: Electric
    Heating and Cooling: Baseboard
    Floor Covering: Laminate Tile, Vinyl, Wall to Wall Carpet

    Utilities

    Sewer: Sewer Connected

    Location

    City: Centralia
    State: WA
    Zip Code: 98531
    Area: 426
    County: Lewis
    School District: Centralia
    Latitude: 46.72230400
    Longitude: -122.96230400

    Building

    Year Built: 1981
    Roof: Composition
    Exterior: Cement Planked
    Number of Units in Building: 5

    School

    School District: Centralia

    Lot

    Lot Details: Curbs, Paved Street, Sidewalk
    Lot Sq Ft: 4,792 ft²
    Number of Stories in Building: 2

    Site

    Community Name: Edison
    Site Features: Cable TV, Deck, Fenced-Partially, High Speed Internet, Patio

    Rent

    Terms: Cash Out, Conventional, Owner Financing

    Finance & Taxes

    Homeowner Dues (monthly): None
    Tax Expense: $5,286
    Insurance Expenses: 4000
    Electrical Expenses: 0
    Heating Expenses: 0
    Other Expenses: 0
    Total Expenses: 9285
    Tax Year: 2019
    Gross Scheduled Income: 47700
    Vacancy Rate: 9
    Gross Adjusted Income: 46200
    Total Expenses: 9285
    Net Operating Costs: 37300
    Gross Rent Multiplier: 15
    Total Monthly Income: 3975

    Unit 1

    Description Unit 1: 5
    Sq Ft Unit 1: 1,425 ft²
    Bedrooms Unit 1: 2
    Bathrooms Unit 1: 1.50
    Range/Oven Unit 1: Y
    Refrigerator Unit 1: Y
    Dishwasher Unit 1: Y
    Washer/Dryer Unit 1: N
    Fireplaces Unit 1: 0
    Rent Unit 1: $795

    Unit 2

    Description Unit 2: 4
    Sq Ft Unit 2: 1,425 ft²
    Bedrooms Unit 2: 2
    Bathrooms Unit 2: 1.50
    Range/Oven Unit 2: Y
    Refrigerator Unit 2: Y
    Dishwasher Unit 2: Y
    Washer/Dryer Unit 2: N
    Fireplaces Unit 2: 0
    Rent Unit 2: $795

    Unit 3

    Description Unit 3: 3
    Sq Ft Unit 3: 1,425 ft²
    Bedrooms Unit 3: 2
    Bathrooms Unit 3: 1.50
    Range/Oven Unit 3: Y
    Refrigerator Unit 3: Y
    Dishwasher Unit 3: Y
    Washer/Dryer Unit 3: N
    Fireplaces Unit 3: 0
    Rent Unit 3: $795

    Unit 4

    Description Unit 4: 2
    Sq Ft Unit 4: 1,425 ft²
    Bedrooms Unit 4: 2
    Bathrooms Unit 4: 1.50
    Range/Oven Unit 4: Y
    Refrigerator Unit 4: Y
    Dishwasher Unit 4: Y
    Washer/Dryer Unit 4: N
    Fireplaces Unit 4: 0
    Rent Unit 4: $795

    Unit 5

    Description Unit 5: 1
    Sq Ft Unit 5: 1,425 ft²
    Bedrooms Unit 5: 2
    Bathrooms Unit 5: 1.50
    Range/Oven Unit 5: Y
    Refrigerator Unit 5: Y
    Dishwasher Unit 5: Y
    Washer/Dryer Unit 5: N
    Fireplaces Unit 5: 0
    Rent Unit 5: $795

    Unit 6

    Sq Ft Unit 6: 0 ft²
    Bedrooms Unit 6: 0
    Bathrooms Unit 6: 0.00
    Fireplaces Unit 6: 0
    Rent Unit 6: None

    Mortgage Calculator

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    Listing provided by NWMLS, courtesy of JohnSRealty