7 Neilton Lane, Neilton, WA 98552
- $365,000
- 3,472
- SqFt
Listing courtesy of City Realty Inc..
- List Price
- $365,000
- Status
- ACTIVE
- MLS#
- 2299618
- Price Change
- ▼ $10,000 1785391638
- Days on Market
- 434
- Style
- 54 - 4-Plex
- Building Condition
- Fair
- Finished SqFt
- 3,472
- Area Total SqFt
- 3472
- Annual Tax Ammount
- 1965
- Lot Size (sq ft)
- 13,504
- Sewer
- Septic Tank
Property Description
Attention investors! 4 unit building in Neilton WA that has not had a vacancy in Years and has below market rent. Fantastic income potential and close to lake Quinault. 4th Unit has an unfinished 3rd bedroom/ 2nd bath addition, rent was planned on being set at 1200. each unit right now has 2 bedrooms one bath up with kitchen, dining & living downstairs. W/D hook ups in kitchen. additional huge shed/ shop in back for additional storage / rental income
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Additional Information
- List Date
- 2025-05-22 01:13:11
- Community
- Neilton
- Net Operating Income
- $27,035
- Gross Adjusted Income
- $33,600
- Gross Scheduled Income
- $33,600
- Total Monthly Income
- $2,775
- Insurance Expenses
- $1,000
- Water/Sewer/Garbage Expenses
- $3,600
- Gross Rent Multiplier
- 12
- Total Expenses
- $6,565
- Cap Rate
- 7
- Vacancy Rate
- 2
- Total Number of Units
- 4
- Unit Name
- 7
- Potential Terms
- Cash, Conventional
- Year Built
- 1965
- Roof
- Composition
- Energy Source
- Electric
- School District
- Quinault
- Elementary School
- Lake Quinault Elem
- Middle School
- Lake Quinault High
- High School
- Lake Quinault High
- Total Monthly Income
- $2,775
- Gross Scheduled Income
- $33,600
- Vacancy Rate
- 2
- Gross Adjusted Income
- $33,600
- Tax Year
- 2024
- Insurance Expense
- $1,000
- W/S/G Expenses
- $3,600
- Total Expenses
- $6,565
- Net Operating Income
- $27,035
- Gross Rent Multiplier
- 12
- Cap Rate
- 7
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.