For more information on this listing, please contact...
Four-U Realty, Inc.
360-494-4848
360-983-8500
Email
  • Listing #:
    • 1118951
  • Price:
    • $1,325,000
  • Status:
    • Active
  • Property Type:
    • Multi-Family
  • Type:
    • 10+ Units
  • # of Units:
    • 24
  • # of Acres:
    • 0.35
  • Lot Sq.Ft.:
    • 15,246
  • Year Built:
    • 1920
  • School Dist:
    • Centralia
  • Address:
    • 509 N Rock
  • Community:
    • Edison
  • City:
    • Centralia
  • County:
    • Lewis
  • State:
    • WA
  • Zip:
    • 98531
  • Terms:
    • Cash Out, Conventional
  • Right of 1st Refusal:
    • No
QR Code

Description
Do Not Miss Out On This Great Investment Opportunity! 24 Unit Apartment Complex With On Site Laundry Room, 1300+ Sq. Ft Home, Parking Lot For Tenant Parking & 10 Mini Storage Units. Laundry Facility Is On Site. Long Term Owner Wants To Downsize. Great Rental History & Fully Rented. Located Within Walking Distance To Downtown Historic Centralia For Shopping, Restaurants & Theatre. Minutes To I-5 Access And Located Between Seattle & Portland.
Property Features
  • Unit 1
    • Rent Unit 1:
      • - $525.00
    • Bathrooms Unit 1:
      • - 1.00
    • Refrigerator Unit 1:
      • - Yes
    • Range/oven Unit 1:
      • - Yes
    • Description Unit 1:
      • - 1
  • Unit 2
    • Rent Unit 2:
      • - $425.00
    • Bathrooms Unit 2:
      • - 1.00
    • Refrigerator Unit 2:
      • - Yes
    • Range/oven Unit 2:
      • - Yes
    • Description Unit 2:
      • - 2
  • Unit 3
    • Rent Unit 3:
      • - $525.00
    • Bathrooms Unit 3:
      • - 1.00
    • Refrigerator Unit 3:
      • - Yes
    • Range/oven Unit 3:
      • - Yes
    • Description Unit 3:
      • - 3
  • Unit 4
    • Rent Unit 4:
      • - $525.00
    • Bathrooms Unit 4:
      • - 1.00
    • Refrigerator Unit 4:
      • - Yes
    • Range/oven Unit 4:
      • - Yes
    • Description Unit 4:
      • - 4
  • Unit 5
    • Rent Unit 5:
      • - $425.00
    • Bathrooms Unit 5:
      • - 1.00
    • Refrigerator Unit 5:
      • - Yes
    • Range/oven Unit 5:
      • - Yes
    • Description Unit 5:
      • - 5
  • Unit 6
    • Rent Unit 6:
      • - $425.00
    • Bathrooms Unit 6:
      • - 1.00
    • Refrigerator Unit 6:
      • - Yes
    • Range/oven Unit 6:
      • - Yes
    • Description Unit 6:
      • - 6
  • Building Details
    • # Of Stories In Building:
      • - 2
    • Units Below Grade:
      • - No
    • Amenities:
      • - Basement
      • - Coin Op Laundry
      • - Storage
      • - Thermal Windows
    • Building Condition:
      • - Average
    • Floor Covering:
      • - Vinyl
      • - Wall To Wall Carpet
    • Heating And Cooling:
      • - Baseboard
      • - Radiator
  • Misc Details
    • Form 17:
      • - Provided
    • Leased Items:
      • - None
  • Tax Details
    • Tax Amount:
      • - $6,405.00
    • Tax Year:
      • - 2015
  • Finance Details
    • Gross Rent Multiplier:
      • - 10
    • Vacancy Rate:
      • - 2
    • Cap Rate - Noi Div Lp:
      • - 6.90
  • Income
    • Gross Adjusted Income:
      • - $130,648.00
    • Gross Scheduled Income:
      • - $133,315.00
    • Net Operating Income:
      • - $91,881.00
    • Total Monthly Income:
      • - $13,265.00
  • Expenses
    • Electrical Expenses:
      • - $2,226.00
    • Insurance Expenses:
      • - $2,589.00
    • Water / Sewer / Garbage:
      • - $20,828.00
    • Other Expenses:
      • - $7,019.00
    • Total Expenses:
      • - $38,767.00
    • Total Expenses:
      • - $38,767.00
  • Schools
    • Elementary:
      • - Buyer To Verify
    • Jr. High:
      • - Buyer To Verify
    • Sr. High:
      • - Buyer To Verify
  • Construction Details
    • Exterior:
      • - Brick
    • Foundation:
      • - Poured Concrete
    • Roof:
      • - Flat
      • - Torch Down
  • Lot Details
    • Features:
      • - Curbs
      • - Paved Street
      • - Sidewalk
    • Site Features:
      • - High Speed Internet
  • Parking
    • Total # Of Parking:
      • - 24
    • # Of Uncovered Spaces:
      • - 24
  • Utilities
    • Energy Source:
      • - Electric
    • Power Company:
      • - City Of Centralia
    • Sewer Company:
      • - City Of Centralia
    • Water Source:
      • - Public
    • Water Company:
      • - City Of Centralia
  • Zoning
    • Zoning Jurisdiction:
      • - City
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For more information on this listing, please contact...
Four-U Realty, Inc.
360-494-4848
360-983-8500
Email

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