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Kelso,WA 98626
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 1,732 sqft
Price per Sqft $190
MLS Listing ID 24065156
Year Built 1935
Annual Tax Amount $3,031
Tax Year 2024
Lot Size 5,662 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 _82
Zoning RMF
Interior
Heating Baseboard
Exterior
Roof Type Composition
Garage No
Building
Lot Description Level
Story 1
Sewer Public Sewer
Water Public Water
Level or Stories 1
Schools
Elementary Schools Wallace
Middle Schools Coweeman
High Schools Kelso
Others
Acceptable Financing Cash,Conventional,FHA,VALoan
Listing Terms Cash,Conventional,FHA,VALoan