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101 Division Street

Kelso, WA 98626
  • $500,000
  • STATUS: Pending
  • ID#: 2211597
Under Contract
UPDATED: 85 min ago
$500,000
  • 0
    BEDS
  • 0.25
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,318
    SQFT
  • $216
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1927
County:
Area:

School Ratings & Info

School District:
Northwest MLS logo Listing information ©2024 Northwest MLS. Listing courtesy of John L. Scott, Inc.
Mortgage Calculator is provided by BoomTown.

Description

Cap rate over of 8%. While significant upgrades have been completed, there are still opportunities for value add, ensuring increased cash flow and asset appreciation. Diversified income streams with a four-plex and an additional small house, offering a mix of one and two-bedroom units, all equipped with washer and dryer hookups. Recent investments totaling over $56k, including exterior paint, siding repairs, and fence renovations, ensuring reduced maintenance costs and enhanced curb appeal. Current occupancy rate of 100%, this property presents immediate income generation and stability. Situated near restaurants, shopping centers, and the scenic Cowlitz River. Don't miss out on this prime opportunity.

Monthly Payment Calculator



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 Pilchard Properties | Realty One Group Orca are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. The three tree icon refers to an NWMLS listing. Data last updated 2024-04-18T15:50:41.407. The "Days on Site" data field is calculated by BoomTown and is the number of days since the listing was originally received in our system. It is not the equivalent of "Days on Market".
Based on information submitted to the MLS GRID as of 2024-04-18T15:50:41.407. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
www.pilchardproperties.com/homes/148683241
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101 Division Street Kelso, WA 98626

  • Price: $500,000
  • Status: Pending
  • On Site: Days
  • Updated: 85 min ago
  • ID#: 2211597
0
Beds
0
Baths
0
½ Baths
0.25
Acres
2,318
SQFT
$216
$/SQFT
1927
Built
Neighborhood:
North Kelso
County:
Cowlitz
Area:
North Kelso
School District:
Kelso
Property Description
Cap rate over of 8%. While significant upgrades have been completed, there are still opportunities for value add, ensuring increased cash flow and asset appreciation. Diversified income streams with a four-plex and an additional small house, offering a mix of one and two-bedroom units, all equipped with washer and dryer hookups. Recent investments totaling over $56k, including exterior paint, siding repairs, and fence renovations, ensuring reduced maintenance costs and enhanced curb appeal. Current occupancy rate of 100%, this property presents immediate income generation and stability. Situated near restaurants, shopping centers, and the scenic Cowlitz River. Don't miss out on this prime opportunity.
Exterior Features

Carport Spaces 0 Carport YN No Construction Methods Standard Frame Covered Spaces 0 Exterior Features Wood Lot Features Sidewalk Open Parking Spaces 8 Open Parking YN Yes Parking Total 8 Parking Uncovered Spaces 8 Roof Composition Structure Type Multi Family Style Code 55 - 5-9 Units View YN No Waterfront YN No

Interior Features

Building Area Total 2318 Cooling None Cooling YN No Fireplace YN No Flooring LaminateVinylCarpet Heating Baseboard Heating YN Yes Interior Features LaminateWall to Wall Carpet Living Area 0 Square Footage Finished 0 Square Footage Unfinished 0

Property Features

Association Fee 0 Association YN No Energy Source Electric FIRPTAYN No Foundation Details Poured Concrete Irrigation Water Rights YN No Listing Terms Cash OutConventional Net Operating Income 43775 New Construction YN No Possession ClosingTenant's Rights Power Production Type Electric Property Sub Type Multi-Family Senior Community YN No Sewer Sewer Connected Site Features Cable TVFenced-Partially Special Listing Conditions None Tax Annual Amount 4270 Tax Year 2023 Units In Building Total 5



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 Pilchard Properties | Realty One Group Orca are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. The three tree icon refers to an NWMLS listing. Data last updated 2024-04-18T15:50:41.407. The "Days on Site" data field is calculated by BoomTown and is the number of days since the listing was originally received in our system. It is not the equivalent of "Days on Market".
Based on information submitted to the MLS GRID as of 2024-04-18T15:50:41.407. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
 
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Pilchard Properties | Realty One Group Orca
9317 State Ave, Suite A
Marysville WA, 98270
Northwest MLS logo Listing information ©2024 Northwest MLS. Listing courtesy of John L. Scott, Inc.
Mortgage Calculator is provided by BoomTown.