Edison Homes with 54 - 4-Plex Style

Edison Homes with 54 - 4-Plex Style

Edison Neighborhood: A Charming Community in Centralia, Washington

Nestled in the heart of Centralia, Washington, the Edison neighborhood offers a charming and vibrant community for residents to call home. Located in Lewis County, this neighborhood is known for its picturesque streets, friendly atmosphere, and convenient access to amenities and attractions.

Situated in the beautiful Pacific Northwest region of the United States, Centralia is a city that combines small-town charm with modern conveniences. The Edison neighborhood is a true gem within this city, offering a variety of homes with a unique 54-4-Plex style. These homes are designed to provide residents with comfortable living spaces, while also maintaining a sense of community and togetherness.

The Edison neighborhood boasts a range of amenities for its residents to enjoy. Within close proximity, you'll find parks, schools, shopping centers, and dining options, ensuring that everything you need is just a short distance away. Whether you're looking to take a leisurely stroll through a nearby park or explore the local shops and restaurants, there's something for everyone in this vibrant neighborhood.

With its convenient location in Centralia, the Edison neighborhood also offers easy access to major highways and transportation options, making it an ideal choice for commuters. Whether you're traveling for work or pleasure, you'll appreciate the convenience of living in a neighborhood that provides easy access to major routes.

If you're searching for a charming community with a unique architectural style, look no further than the Edison neighborhood in Centralia, Washington. With its friendly atmosphere, convenient location, and range of amenities, this neighborhood is the perfect place to call home.

Newest Edison Homes with 54 - 4-Plex Style

500 Hillkress Street, Centralia
$715,000
2591597 MLS ⋅ ACTIVE Status
FULL MARKETING PACKAGE IN SUPPLEMENTS. 500 Hillkress combines renovated apartments, a convenient Centralia location, and several avenues for income growth. The two-story building features brick veneer, four approximately 750-square-foot apartments, a basement, shared on-site laundry, off-street parking, and a separately rented garage. Improvements include a comprehensive 2016 remodel with updated kitchens and bathrooms, full electrical rewiring and new panels, approximately 98% new plumbing, a replacement membrane roof, thermal double-pane windows, and two gas water heaters installed in 2020. Residents benefit from a very walkable setting with access to downtown shops and dining, Centralia College, parks, and the Amtrak station, while nearby I-5 connects the property to regional employment centers. Healthcare, education, manufacturing, and distribution employers provide a broad potential renter base. An investor will benefit from opportunities from lease-timed rent increases, utility recovery, and additional use of basement or garage space, subject to city approval. Estimated to return 10.5% cash-on-cash under the Year 1 pro forma, giving investors a compelling reason to explore the financial analysis and income-growth strategy.

500 Hillkress Street, Centralia

Listing Broker: Kidder Mathews; Brian Richardson; 206-276-6811; brianr@kiddermathews.com

Start Your Search
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.