504 N 7TH AVE, Kelso, WA 98626
504 N 7TH AVE, Kelso, WA 98626
504 N 7TH AVE, Kelso, WA 98626
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Listed by Windermere Northwest Living • 360-749-5667
$700,000
Est. payment /mo
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3,326 SqFt
Price Dropped by $10K

504 N 7TH AVE Kelso, WA 98626

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Charles S. Ramsay

Charles S. Ramsay

+1(503) 819-9191

UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,326 sqft

Price per Sqft $210

Subdivision Old Kelso Hill

MLS Listing ID 274357666

HOA Y/N No

Year Built 1966

Annual Tax Amount $5,471

Tax Year 2024

Lot Size 5,227 Sqft

Property Description

Fantastic Investment Opportunity! This 4-Plex will make the perfect addition to your property portfolio! The property maintains a 7.5 CAP rate and has excellent cash flow. Historically strong long-term tenant history. All units are well-maintained and in great shape! All units have 2 bedrooms, 1 bath, as well as a dedicated storage unit and covered parking space. Unit 3 could easily be converted back into a 3-bedroom unit. The complex has a huge balcony, and the laundry room has a new electrical panel and a dedicated hot water tank. The coin-operated laundry produces additional income! Don't miss out on your chance to obtain this wonderful asset!

Location

State WA

County Cowlitz

Community Laundry

Area _82

Zoning R2

Rooms

Basement Crawl Space

Interior

Heating Wall Heater

Cooling None

Exterior

Community Features Laundry

View Territorial

Roof Type Flat,TarGravel

Garage No

Building

Lot Description Commons, Level, Public Road

Story 2

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public Water

Level or Stories 2

Schools

Elementary Schools Barnes

Middle Schools Huntington

High Schools Kelso

Others

Acceptable Financing Cash, Conventional, FHA, VALoan

Listing Terms Cash, Conventional, FHA, VALoan

Regional Multiple Listing Service (RMLS)

NEARBY SCHOOL & BUSINESS

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Charles S. Ramsay

Charles S. Ramsay

Managing State Broker | License ID: 981200036

+1(503) 819-9191

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504 N 7TH AVE