528 NE Washington Avenue, Chehalis, WA 98532

$544,500
2,319
SqFt

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Listing courtesy of John L. Scott CNT. Selling Office: RE/MAX Parkside Affiliates.

Sold Price
$544,500
List Price
$569,900
Status
SOLD
MLS#
2208949
Closing Date
Dec 17, 2024
Days on Market
235
Style
54 - 4-Plex
Building Condition
Remodeled
Finished SqFt
2,319
Area Total SqFt
2319
Annual Tax Ammount
1943
Lot Size (sq ft)
8,276
Sewer
Available

Property Description

Very well-kept, this 4-plex has three 1 bedroom/1 bath units, and one 2 bedroom/1 bath unit. Units have been (and are currently) fully rented. Located close to town, bus lines, and in a residential neighborhood consisting of predominantly single-family homes. Vinyl windows, appliances included in each unit, with parking for 9 vehicles. Common laundry area on main floor for all units.

Additional Information

List Date
2024-04-26 00:00:00
Community
Chehalis
Net Operating Income
$34,238
Gross Adjusted Income
$43,320
Gross Scheduled Income
$43,320
Total Monthly Income
$4,510
Insurance Expenses
$1,000
Water/Sewer/Garbage Expenses
$3,300
Gross Rent Multiplier
14.09
Total Expenses
$7,564
Cap Rate
6
Total Number of Units
4
Unit Name
528
Potential Terms
Cash Out, Conventional
Year Built
1920
View
City, Territorial
Roof
Composition
Electric Expenses
720
Other Expenses
600
Energy Source
Electric
School District
Chehalis
Elementary School
Buyer To Verify
Middle School
Chehalis Mid
High School
W F West High
Total Monthly Income
$4,510
Gross Scheduled Income
$43,320
Gross Adjusted Income
$43,320
Tax Year
2024
Insurance Expense
$1,000
W/S/G Expenses
$3,300
Total Expenses
$7,564
Net Operating Income
$34,238
Gross Rent Multiplier
14.09
Cap Rate
6
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.

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