48 SW Chehalis, Chehalis, WA 98532

$317,500
5,497
SqFt

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Listing courtesy of CENTURY 21 Lund, Realtors. Selling Office: RE/MAX Premier Group.

Sold Price
$317,500
List Price
$349,000
Status
SOLD
MLS#
2484157
Closing Date
Jul 15, 2026
Days on Market
114
Style
54 - 4-Plex
Building Condition
Fair
Finished SqFt
5,497
Area Total SqFt
5497
Annual Tax Ammount
1700
Internet Provider
Comcast
Lot Size (sq ft)
10,019
Sewer
Available

Property Description

Corner lot in quasi light industrial district. Very close to freeway and downtown. The lower level consists of approx. 3,000 of showroom, shop, warehouse, office and restrooms which has been the home of Northwest Cooling & Heating for decades. Exterior entrance at SW corner of the building, leads to stairway for the three 1 bedroom/1 bath apartments. There is also a common laundry for the apartment units which is also located upstairs. Roof on main part of building replaced 4 years ago, awning roof replaced 3 years ago.

Additional Information

List Date
2026-03-23 00:00:00
Community
Chehalis
Net Operating Income
$32,905
Gross Adjusted Income
$48,900
Gross Scheduled Income
$50,400
Total Monthly Income
$4,200
Insurance Expenses
$2,000
Water/Sewer/Garbage Expenses
$8,230
Gross Rent Multiplier
7.4
Total Expenses
$13,745
Cap Rate
9.4
Vacancy Rate
3
Total Number of Units
4
Unit Name
48
Potential Terms
Cash, Conventional
Year Built
1940
Roof
Flat
Site Features
Fenced-Partially, Gas Available, Shop
Electric Expenses
1250
Other Expenses
250
Energy Source
Electric
School District
Chehalis
Total Monthly Income
$4,200
Gross Scheduled Income
$50,400
Vacancy Rate
3
Gross Adjusted Income
$48,900
Tax Year
2025
Insurance Expense
$2,000
W/S/G Expenses
$8,230
Total Expenses
$13,745
Net Operating Income
$32,905
Gross Rent Multiplier
7.4
Cap Rate
9.4
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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