506 S 4TH AVE Kelso, WA98626

$370,000
3 total units
5 total bedrooms
3 total bathrooms
$31,200 annual income
Capitilization Rate: 5.36
2356 total sq. ft
3,000 to 4,999 SqFt
Elementary School: Wallace
Middle School: Coweeman
High School: Kelso
Zoning: Unknown
1130 days on market

VestorFilter™

Price per unit$123.3K/unit
Price per ft²$157.05/ft²
Price per acre$5.25M/ac
Price per bedroom$74K/bed
Time on market1130 days

Property Description

This is the well built triplex that you desire. Unit #1 (996 sq ft) and #2 (790 sq ft) are on the lower floor and both have two bedrooms / one bath. Both are fully fenced. Unit #1 has a month to month tenant who would love to stay. Unit #2 will be ready to rent in 30 days. Unit #3 is upstairs and it is a one bed / one bath. This unit has new carpet, fresh paint, and is ready to rent. There are 4 uncovered parking spaces and lots of off street parking as well. Coin Op W/D is available.

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Financial Data

Date Sold2021-04-26
Sold Price$370,000
Original Price$350,000
Current Price$370,000
Property Taxes$2,777

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Home Facts

StatusSold
Year Built1923
Exterior Features
MLS ID21581604

Unit Details

Unit 1
Unit 2
Unit 3