Last Sold Price
11,054 sqft$194/sqft
210 SW 13th St, Unit 117, Chehalis, WA 98532

Description

Adjacent to Penny Playground, The Penny Apartments features 16 units - 8 two bed/1 bath Garden Style and 8 2 bed/1.5 bath Townhome style units. The units are all turn-key, renovated to market standards, and professionally managed by local PM, TJ Guyer. Storage units on site for additional income potential, coin operated laundry and RUBS already in place providing the additional monthly income on top of base rents. Huge market demand for quality rental units and growing rental rates. Current rents...Adjacent to Penny Playground, The Penny Apartments features 16 units - 8 two bed/1 bath Garden Style and 8 2 bed/1.5 bath Townhome style units. The units are all turn-key, renovated to market standards, and professionally managed by local PM, TJ Guyer. Storage units on site for additional income potential, coin operated laundry and RUBS already in place providing the additional monthly income on top of base rents. Huge market demand for quality rental units and growing rental rates. Current rents $100/month below Pro Forma. Very low maintenance with modern electrical and plumbing. Well maintained and professionally operated. Zero delinquency with perfect collections history and ultra low vacancy sub 5%. Upside in rents and storage income.
LISTING CLOSED: 07/30/2021 12:00 AM

  1. Listed by Ross Hubbard • The Paragon Group
    P: (509)-539-8048 ross@paragongroupwa.com
  2. Listed by Keaton Santi • The Paragon Group
    P: (509)-539-8048 keaton@paragongroupwa.com

Property Details for 210 Southwest 13th Street, Unit 117

Status
MLS #
1767735
Days on Market
12
Cumulative Days on Market
12
Taxes
$15,884 / year
HOA Fees
-
Condo/Co-op Fees
-
Property Type
MLS Type
Residential Income
Year Built
1975
Lot Size
0.52 AC / 22,651 SF
Community Name
Chehalis
School District
Chehalis
View
See Remarks, Territorial
Number of Assigned Spaces
24
Total Covered Parking
0
Offers Review Date
05-12-2021
Entry Date
05-03-2021
Energy Source
Electric
Sewer
Sewer Connected

Location

Listing Courtesy of The Paragon Group

Sold By The Paragon Group

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Building Information for 210 Southwest 13th Street, Unit 117

Stories2Residences2Year Built1975Building Size-Lot Size0.52 AC / 22,651 SF

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Property Information for 210 Southwest 13th Street, Unit 117

Summary
Location and General Information
  • Style: 56 - 10+ Units
  • Site Features: Cable TV, Fenced-Partially, High Speed Internet
  • Area: 430 - Chehalis
  • Block: 1
  • Elementary School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify
  • High School: Buyer To Verify
  • Effective Year Built Source: Public Records
  • Directions: I-5 to Exit 76 (13th St) towards town, to property on corner of WIlliam Ave & 13th St, across from Park.
  • Leased Items: Washer/Dryer
  • Property Sub Type: MULT
  • View: Yes
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2021
Parking
  • Number of Carport Spaces: 0.0
  • Carport: No
  • Open Parking Spaces: 24.0
  • Open Parking: Yes
Virtual Tour
Interior and Exterior Features
Interior Features
  • Furnished: Unfurnished
  • Floor Covering: Laminate, Vinyl, Carpet
  • Features: Laminate, Laminate Hardwood, Wall to Wall Carpet
  • Amenities: Coin Op Laundry,Playground,Storage,Thermal Windows
  • Fireplace: No
  • Heating: Yes
  • FIRPTA: No
Exterior Features
  • Exterior: Brick, Wood
  • Roof: Cedar Shake, Flat, Torch Down
  • Security Features: FullyFenced
Property
Utilities
  • Water Source: Public
  • Water/Sewer/Garbage: 12019
  • Power Company: LC PUD
  • Sewer Company: City of Chehalis
  • Water Company: City of Chehalis
  • Power Production Type: Electric
  • Utilities: Cable Connected, High Speed Internet, Sewer Connected, Electric
Property and Assessments
  • New Construction YN: No
  • Zoning Jurisdiction: City
  • Foundation: Poured Concrete
  • Zoning Class: Multi-Family
  • First Right Of Refusal: false
  • Possible Use: Multi-Family
  • Preliminary Title Ordered: Yes
  • Senior Community: No
  • Special Listing Conditions: None
  • Year Built Effective: 1991
  • Photos Count: 40
Lot Information
  • Lot Details: Adjacent to Public Land, Corner Lot, Curbs, Paved, Sidewalk
  • Lot Number: 1,2,3 and 14
  • Lot Size Source: LCR
  • Parcel Number Free Text: 005604065001
  • Building Condition: Good
  • Calculated Square Footage: 11054
  • Structure Type: Multi Family
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 11054.0
  • Building Area Units: Square Feet
  • Property Type: Residential Income
  • Elevation Units: Feet
  • Irrigation Water Rights: No
  • Green Energy Efficient: Thermal Windows
Multi Family
Building Details
  • Number of Uncovered Spaces: 24
  • Number of Stories in Building: 2
  • Unit Number: 1-17
  • Vacancy Rate: 5
  • Number Of Units Total: 2
  • Units Below Grade: false
  • Units In Building Total: 16
Financing / Income and Expenses
  • Electric Expense: $1,110
  • Total Expenses: 69686
  • Gross Adjusted Income: 181647
  • Gross Rent Multiplier: 10
  • Gross Scheduled Income: $191,208
  • Insurance Expense: $319
  • Net Operating Income: $111,961
  • Other Expenses: $37,481
  • Total Monthly Income: 15934
  • Fuel Expense: $0
Rental
Rent Information
  • Occupant Type: Tenant
  • Leasable Area: 11054.0
  • Leasable Area Units: Square Feet

Property History for 210 Southwest 13th Street, Unit 117

DateEvent & SourcePriceAppreciation
Jul 30, 2021

Sold

NWMLS #1767735

$2,150,000
May 15, 2021

Pending

NWMLS #1767735

May 3, 2021

Listed (Active)

NWMLS #1767735

$1,999,000
DateEvent & SourcePrice
07/30/2021

Sold

NWMLS #1767735

$2,150,000
05/15/2021

Pending

NWMLS #1767735

05/03/2021

Listed (Active)

NWMLS #1767735

$1,999,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Schools near 210 Southwest 13th Street, Unit 117

This home is within Chehalis School District.
Rating
School
Type
Grades
Distance
Public - PK to 2
Public - 3 to 5
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
James W Lintott Elementary School
PublicPK to 2

Orin C Smith Elementary School
Public3 to 5

Chehalis Middle School
Public6 to 8

W F West High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of The Paragon Group

Based on information submitted to the MLS GRID as of 09/05/2024 05:42 AM. 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. Properties displayed may be listed or sold by various participants in the MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.