504 N 7th Avenue, Kelso, WA 98626
Courtesy of Windermere Northwest Living
- $700,000
- 3,326
- SqFt
- List Price
- $700,000
- Status
- ACTIVE
- Days on Market
- 203
- Price Change
- ▼ $10,000 1784078025
- MLS#
- 2477548
- Subtype
- Residential Income
- Style
- 54 - 4-Plex
- Year Built
- 1966
- Living Area
- 3,326
- Lot Size
- 5,000
- Acres
- 0.11
- Subdivision
- Old Kelso Hill
- Neighborhood
- Old Kelso Hill
- MLS Area Major
- North Kelso
Property Description
Fantastic investment opportunity! This well-maintained 4-plex is a strong, turnkey addition to any rental portfolio, offering solid income and a current cap rate of approximately 7.5% with excellent cash flow. The property has a history of stable, long-term tenants and shows pride of ownership throughout. Three units feature 2 bedrooms and 1 bath, each with a dedicated storage unit and covered parking space. The fourth unit has been thoughtfully converted to a 3-bedroom, expanding rental potential and versatility. Residents enjoy a large shared balcony, and the on-site laundry room has been updated with a new electrical panel and its own hot water tank. The coin-operated laundry provides reliable additional income. Opportunities like this don’t come along often—secure this high-performing asset for your portfolio today.
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Additional Information
- Amenities
- Coin Op Laundry, Storage
- Exterior Features
- Wood
- Property Description
- 54 - 4-Plex
- Flooring
- Vinyl, Carpet
- Heating
- Wall Furnace
- Air Conditioning
- None
- Roof
- Torch Down
- Garage Spaces
- 4
- School District
- Kelso
- Elementary School
- Barnes Elem
- Middle School
- Huntington Jnr High
- High School
- Kelso High
- View
- Territorial
Based on information submitted to the MLS GRID as of . 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.IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.