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Kelso,WA 98626
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Subdivision Kelso
MLS Listing ID 2298801
Style 53 - Tri-plex
Bedrooms 4
Year Built 1935
Annual Tax Amount $126
Lot Size 5,663 Sqft
Property Description
Rare chance to own a triplex in Kelso at an excellent price! This property features easy single-level units with a newer roof (about 2 years old), fresh exterior paint, 10-year-old windows, and updated electrical and plumbing (new supply lines and some drain lines replaced with PVC). Two 1 bed/1 bath units rent for $550 each (well below market rates of ~$900). The 2 bed/1 bath unit is vacant and currently being remodeled by the owner; Remodel will be done prior to closing, with expected rent around $1250 once re-rented by the next owner. Buyer to do their own rent projections. Tenants pay electricity (separately metered), and the owner pays water. Great opportunity to add value and build long-term wealth!
Location
State WA
County Cowlitz
Area 418 - South Kelso
Exterior
Exterior Feature Wood
Waterfront No
View Y/N No
Roof Type Composition
Building
Sewer Sewer Connected
Water Public
New Construction No
Schools
School District Kelso
Others
Acceptable Financing Conventional
Listing Terms Conventional