1104 Scammon Creek Road, Centralia, WA 98531

$925,000
5,260
SqFt

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Listing courtesy of CENTURY 21 Lund, Realtors. Selling Office: Greene Commercial.

Sold Price
$925,000
List Price
$955,000
Status
SOLD
MLS#
2335612
Closing Date
May 14, 2025
Days on Market
7
Style
56 - 10+ Units
Building Condition
Good
Finished SqFt
5,260
Area Total SqFt
5260
Annual Tax Ammount
6725
Lot Size (sq ft)
213,008
Sewer
Sewer Connected

Property Description

Great income producing property with potential to do better. 5 homes in total including a 3 bed, 2.5 bath home, and 4 stand alone 2 bed 1 bath homes. These homes are in very good condition and the sale includes garages for all units. This 5 acre parcel that includes a year round creek and a park like setting is also in the city limits. Renters pay for utilities and there are 5 additional covered garage spaces that could also be rented. This property has great potential being in the city limits, with city utilities. Let your imagination run with all the possibilities this property has to offer. Great property for 1031 exchange. Call with questions.

Additional Information

List Date
2025-05-07 00:00:00
Community
Centralia
Net Operating Income
$54,632
Gross Adjusted Income
$62,400
Gross Scheduled Income
$62,400
Total Monthly Income
$5,200
Insurance Expenses
$2,900
Gross Rent Multiplier
15.3
Total Expenses
$9,625
Cap Rate
6
Total Number of Units
5
Unit Name
1104
Potential Terms
Cash Out, Conventional
Year Built
1980
Waterfront
Yes
View
Territorial
Roof
Composition
Site Features
Cable TV, High Speed Internet, Outbuildings, Patio, RV Parking, Shop
Energy Source
Electric
School District
Centralia
Elementary School
Buyer To Verify
Middle School
Buyer To Verify
High School
Buyer To Verify
Total Monthly Income
$5,200
Gross Scheduled Income
$62,400
Gross Adjusted Income
$62,400
Tax Year
2025
Insurance Expense
$2,900
Total Expenses
$9,625
Net Operating Income
$54,632
Gross Rent Multiplier
15.3
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.
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