608 W Robert Bush Drive, South Bend, WA 98586
- $375,000
- 5,491
- SqFt
Listing courtesy of Northfork Realty.
- List Price
- $375,000
- Status
- ACTIVE
- MLS#
- 2526516
- Price Change
- ▼ $75,000 1785200804
- Days on Market
- 92
- Style
- 55 - 5-9 Units
- Finished SqFt
- 5,491
- Area Total SqFt
- 5491
- Annual Tax Ammount
- 170
- Lot Size (sq ft)
- 10,200
- Sewer
- Sewer Connected
Property Description
This versatile commercial/residential multi-unit building located in downtown South Bend, WA presents an excellent investment opportunity for those looking to diversify their portfolio. The property features 3 apartments on the 2nd floor and 1 apartment and 2 commercial/retail spaces on the first floor. The residential units consist of 2 spacious two-bedroom, one-bath apartments and 2 one-bedroom, one-bath apartments. One unit upstairs, one downstairs and the main floor commercial area are currently occupied with long-term tenants. This property has a breathtaking view of the Willapa River and easy access to quaint historical downtown South Bend. The property benefits from a steady demand for both commercial and residential spaces all year long. The ground floor’s commercial potential allows for various business opportunities, while the apartments generate consistent rental income. This combination makes the building a well-rounded asset for investors seeking both immediate cash flow and long-term appreciation. Whether you are an experienced investor or new to the market, this property offers a unique chance to own a multifaceted building in a prime location with promising returns.
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Additional Information
- List Date
- 2026-04-30 20:01:31
- Community
- South Bend
- Net Operating Income
- $410
- Gross Adjusted Income
- $410
- Gross Scheduled Income
- $1,500
- Total Monthly Income
- $1,500
- Insurance Expenses
- $192
- Water/Sewer/Garbage Expenses
- $367
- Gross Rent Multiplier
- 300
- Total Expenses
- $1,090
- Cap Rate
- 1
- Vacancy Rate
- 50
- Total Number of Units
- 4
- Unit Name
- 608
- Potential Terms
- Cash, Conventional
- Year Built
- 1920
- Waterfront
- Yes
- View
- City, River
- Roof
- Metal
- Site Features
- Deck
- Electric Expenses
- 361
- Energy Source
- Electric
- School District
- South Bend
- Elementary School
- Chauncey Davis Elem
- Middle School
- South Bend Mid
- High School
- South Bend High
- Total Monthly Income
- $1,500
- Gross Scheduled Income
- $1,500
- Vacancy Rate
- 50
- Gross Adjusted Income
- $410
- Tax Year
- 2026
- Insurance Expense
- $192
- W/S/G Expenses
- $367
- Total Expenses
- $1,090
- Net Operating Income
- $410
- Gross Rent Multiplier
- 300
- Cap Rate
- 1
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.