Take advantage of this prime multi-family investment opportunity in Kelso. This 4-plex offers a total of 3,750 SF of living space, situated on a 5,000 SF lot. Each of the four units features a 2 bedrooms and 1 bathroom, with individual unit sizes ranging from 900 to 950 SF. Two of the units have been thoughtfully remodeled while the remaining two units have maintained their original condition due to long-term tenants, offering further potential for value-add upgrades. The property offers individual water meters for each unit, with the landlord currently covering these costs—offering potential for expense reduction. Currently delivering a 6% CAP Rate, this property presents strong cash flow with room for upside.
Active
Listed by:
Chris Roewe,
Woodford Commercial RE
$524,900
801 Church Street, Kelso, WA 98626
8beds
4baths
3,750sqft
Est.:
Quadruplex
Built in 1922
-- sqft lot
$518,700 Zestimate®
$140/sqft
$-- HOA
What's special
- 155 days |
- 221 |
- 15 |
- Loading
- Loading