Bought with Realty World Cosser & Assoc.
$536,250
$565,000
5.1%For more information regarding the value of a property, please contact us for a free consultation.
621 NW Quincy PL Chehalis, WA 98532
5,000 SqFt
Key Details
Sold Price $536,250
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 5,000 sqft
Price per Sqft $107
Subdivision Chehalis
MLS Listing ID 1685368
Sold Date 06/25/21
Style 55 - 5-9 Units
Year Built 1900
Annual Tax Amount $3,853
Lot Size 9,147 Sqft
Property Sub-Type Multi-Family
Property Description
Attention investors! This high performing 9-unit apartment complex near downtown Chehalis is the perfect property to add to your portfolio! Current rents are at $5250/month with pro-forma rents at $5725 (giving you a 8.9% cap rate). Well maintained property featuring ornate common areas, (2) 1-bedroom & 1 BA units, (5) studio apartments with 1 BA and (2) studio apartments that share 1 BA. All units have full kitchens. 3 units on each floor plus W/D hookups and storage lockers in basement.
Location
State WA
County Lewis
Area 430 - Chehalis
Interior
Fireplace false
Exterior
Exterior Feature Wood
Utilities Available Cable Connected, High Speed Internet, Natural Gas Available, Sewer Connected, Electric
Amenities Available Cable TV, Deck, Gas Available, High Speed Internet, Outbuildings
View Y/N No
Roof Type Composition
Building
Lot Description Alley, Corner Lot, Curbs, Paved, Sidewalk
Sewer Sewer Connected
Water Public
New Construction No
Schools
School District Chehalis
Others
Senior Community No
Acceptable Financing Cash Out, Conventional
Listing Terms Cash Out, Conventional
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"Three Trees" icon indicates a listing provided courtesy of NWMLS.