114 Dillon St

    Kelso, WA 98626
    • $799,000
    • STATUS: Active
    • ON SITE: 184 days
    • ID#: 1246159
    UPDATED: 51 min ago
    $799,000
    • 0
      BEDS
    • 1.41
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 8,192
      SQFT
    • $98
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1935
    County:
    Area:

    School Ratings & Info

    School District:
    Listing Courtesy of Woodford Cre.

    Description

    Tucked away opportunity with these 10 rental units on a dead end private drive. This property features two single family homes and four duplexes, spread over three tax parcels and approximately 1.41 acres. Units have carports and vinyl windows. Some units have newer roofs, fireplaces, washer and dryer hookups, and some interiors have been recently updated. Offered at a 8.55% GRM and 7.3% CAP rate with room to increase rents. All offers written subject to interior viewing.

    Monthly Payment Calculator

    The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Real Estate Solutions Group - NWRE LLC are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2018-08-19T22:15:48.74.

    www.resg.com/homes/80809821

    114 Dillon St Kelso, WA 98626

    • Price: $799,000
    • Status: Active
    • Updated: 51 min ago
    • ID#: 1246159
    0
    Beds
    0
    Baths
    0
    ½ Baths
    1.41
    Acres
    8,192
    SQFT
    $98
    $/SQFT
    1935
    Built
    Neighborhood:
    North Kelso
    County:
    Cowlitz
    Area:
    North Kelso
    School District:
    Kelso
    Property Description
    Tucked away opportunity with these 10 rental units on a dead end private drive. This property features two single family homes and four duplexes, spread over three tax parcels and approximately 1.41 acres. Units have carports and vinyl windows. Some units have newer roofs, fireplaces, washer and dryer hookups, and some interiors have been recently updated. Offered at a 8.55% GRM and 7.3% CAP rate with room to increase rents. All offers written subject to interior viewing.
    Exterior Features

    Carport Spaces 9 Exterior Wood Products Foundation Poured Concrete Garage Spaces 1 Roof Composition Stories In Building 1 Style 56 - 6-9 Units Total Parking Spaces 10 Uncovered Spaces 0

    Interior Features

    Floor Covering HardwoodVinylWall to Wall Carpet Heating And Cooling Baseboard Unit1 Bathrooms 1.00 Unit1 Bedrooms 3 Unit1 Fireplaces 1 Unit1 Range Oven Y Unit1 Refrigerator Y Unit1 Sq Ft 960 Unit1 Washer Dryer N Unit2 Bathrooms 1.00 Unit2 Bedrooms 3 Unit2 Fireplaces 1 Unit2 Range Oven Y Unit2 Refrigerator Y Unit2 Sq Ft 960 Unit2 Washer Dryer N Unit3 Bathrooms 1.00 Unit3 Bedrooms 2 Unit3 Fireplaces 1 Unit3 Range Oven Y Unit3 Refrigerator Y Unit3 Sq Ft 784 Unit3 Washer Dryer N Unit4 Bathrooms 1.00 Unit4 Bedrooms 2 Unit4 Fireplaces 1 Unit4 Range Oven Y Unit4 Refrigerator Y Unit4 Sq Ft 784 Unit4 Washer Dryer N Unit5 Bathrooms 1.00 Unit5 Bedrooms 2 Unit5 Fireplaces 1 Unit5 Range Oven Y Unit5 Refrigerator Y Unit5 Sq Ft 784 Unit5 Washer Dryer N Unit6 Bathrooms 1.00 Unit6 Bedrooms 2 Unit6 Fireplaces 1 Unit6 Range Oven Y Unit6 Refrigerator Y Unit6 Sq Ft 784 Unit6 Washer Dryer N Units Below Grade N

    Property Features

    Bank Owned No Cap Rate 7.30 Electrical Expenses 0 Energy Source Electric EPSEnergy 0 Form17 Provided General Zoning Classification Multi-Family Gross Adjusted Income 93504 Gross Rent Multiplier 9 Gross Scheduled Income 95880 Heating Expenses 0 Hers Index 0 Home Owner Dues 0 Insurance Expenses 5760 Leased Items None Net Operating Income 58468 New Construction YN No Other Expenses 18809 Possession Closing Power Company Cowlitz Pud Right Of First Refusal No Septic Approved For Number Of Bedrooms 0 Sewer Septic Sewer Company City Of Kelso Tax Amount 8877 Tax Year 2018 Terms Cash OutConventional Third Party Approval Required None Total Expenses EXP 35036 Total Expenses TEX 35036 Total Monthly Income 7990 Unit1 Monthly Rent 795 Unit2 Monthly Rent 795 Unit3 Monthly Rent 800 Unit4 Monthly Rent 800 Unit5 Monthly Rent 800 Unit6 Monthly Rent 800 Vacancy Rate 3 Water Company City Of Kelso Water Sewer Garbage 1590 Water Source Public

    Listing information © 2018 Northwest Multiple Listing Service. Information is based on data available to the associate, including county records. The information contained in this listing has not been verified by Real Estate Solutions Group - NWRE LLC and should be verified by the buyer.
    The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Real Estate Solutions Group - NWRE LLC are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2018-08-19T22:15:48.74.

     
    Real Estate Solutions Group - NWRE LLC
    1027 State Ave, Suite 102
    Marysville WA, 98270
    Listing Courtesy of Woodford Cre.