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(253) 209-4200
Real Estate Company
97 Penny Lane, Kelso, WA 98626
- $449,900
- 3,019
- SqFt
Listing Broker: Woodford Commercial RE; Chris Roewe; 360-501-5500; chris@woodfordcre.com
- List Price
- $449,900
- Status
- ACTIVE
- MLS#
- 2595474
- Style
- 52 - Duplex
- Building Condition
- Average
- Finished SqFt
- 3,019
- Area Total SqFt
- 3019
- Annual Tax Ammount
- 7450
- Lot Size (sq ft)
- 9,261
- Sewer
- Sewer Connected
Property Description
Located in the sought-after area of Lexington, this duplex presents an attractive investment prospect, featuring a spacious layout and desirable amenities. The property features 3,019 SF of building space situated on a generous 9,261 SF lot. Each 2-story unit offers just over 1,509 SF with three bedrooms, two bathrooms, plus an attached single car garage, providing comfortable living space, fenced backyard, and convenient parking. Tenants are responsible for their own utilities, including water, sewer, garbage, electricity, and landscaping, helping simplify ownership. This duplex presents an excellent opportunity for investors seeking rental income or homeowners looking to live in one unit while generating additional income from the other. Call today for more details.
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Additional Information
- Community
- Lexington
- Net Operating Income
- $33,094
- Gross Adjusted Income
- $42,544
- Gross Scheduled Income
- $43,860
- Total Monthly Income
- $3,655
- Insurance Expenses
- $2,000
- Gross Rent Multiplier
- 10.25
- Total Expenses
- $9,450
- Cap Rate
- 7
- Vacancy Rate
- 3
- Total Number of Units
- 2
- Unit Name
- 97
- Potential Terms
- Cash, Conventional
- Year Built
- 2002
- Roof
- Composition
- Site Features
- Fenced-Partially
- Energy Source
- Electric
- School District
- Kelso
- Elementary School
- Lexington Elementary
- Middle School
- Buyer To Verify
- High School
- Buyer To Verify
- Total Monthly Income
- $3,655
- Gross Scheduled Income
- $43,860
- Vacancy Rate
- 3
- Gross Adjusted Income
- $42,544
- Tax Year
- 2026
- Insurance Expense
- $2,000
- Total Expenses
- $9,450
- Net Operating Income
- $33,094
- Gross Rent Multiplier
- 10.25
- 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.