504 N 7TH AVE, Kelso, WA 98626
Courtesy of Windermere Northwest Living
- $700,000
- 3,326
- SqFt
- List Price
- $700,000
- Status
- ACTIVE
- Days on Market
- 212
- Price Change
- ▼ $10,000 1784078069
- MLS#
- 274357666
- Year Built
- 1966
- Living Area
- 3,326
- Lot Size
- 5,227
- Acres
- 0.12
- Subdivision
- Old Kelso Hill
- Neighborhood
- Old Kelso Hill
- MLS Area Major
- Cowlitz County not in Woodland City Limits or Scho
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
- Zoning
- R2
- Stories
- 2
- Parking
- Carport, Covered
- Parking Features
- Carport, Covered
- Elementary School
- Barnes
- Middle School
- Huntington
- High School
- Kelso
- View
- Territorial
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