101 Division St, Kelso, WA 98626

$450,000
2,318
SqFt

Listing courtesy of RE/MAX Premier Group.

List Price
$450,000
Status
ACTIVE
MLS#
1753611
Days on Market
12
Style
55 - 5-9 Units
Building Condition
['Average']
Finished SqFt
2,318
Lot Size (sq ft)
10,945

Property Description

5 units. 4 plex plus small house. 3 units are 1 bedroom, 1 bath. 2 units are 2 bedroom, 1 bath. Each unit has washer and dryer hook ups. Newer roof. Located on an oversized lot. Parking in front and back. Rents are below market value.

Additional Information

List Date
2021-04-07 00:00:00
Community
North Kelso
Property Type
MULT
Stories
2
Potential Terms
Cash Out, Conventional
Year Built
1927
Total Parking
8
Uncovered Parking
8
Exterior
Wood Products
Roof
Composition
Lot Details
Paved Street
School District
Kelso
Elementary School
Barnes Elem
Middle School
Huntington Jnr High
High School
Kelso High
Total Monthly Income
$3,287
Gross Scheduled Income
$39,444
Gross Adjusted Income
$39,444
Annual Taxes
$3,686
Tax Year
2021
Insurance Expense
$1,612
W/S/G Expenses
$9,600
Total Expenses
$14,898
Net Operating Income
$24,030
Gross Rent Multiplier
11
Cap Rate
5

Room Dimensions

Unit 1 Beds
2
Unit 1 Baths
1.00
Unit 1 Rent
$677
Unit 2 Beds
1
Unit 2 Baths
1.00
Unit 2 Rent
$573
Unit 3 Beds
1
Unit 3 Baths
1.00
Unit 3 Rent
$577
Unit 4 Beds
2
Unit 4 Baths
1.00
Unit 4 Rent
$800
Unit 5 Beds
1
Unit 5 Baths
1.00
Unit 5 Rent
$677
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