301 South Street

Centralia, WA 98531

$1,165,000
Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Here is your opportunity to own your own mobile home park! All four parcels total a 55 and older mobile park and two houses! Tenants own their own mobile homes and pay space rent. One house is currently rented and one house is in need of repairs. Fix it up and rent it as well, sell it off or tear it down and expand the park? There are 11 current pad sites -9 spaces currently rented, 2 spaces vacant. There is a large gap in the park where a house once was- put in more pad spaces? Detached shop was...Here is your opportunity to own your own mobile home park! All four parcels total a 55 and older mobile park and two houses! Tenants own their own mobile homes and pay space rent. One house is currently rented and one house is in need of repairs. Fix it up and rent it as well, sell it off or tear it down and expand the park? There are 11 current pad sites -9 spaces currently rented, 2 spaces vacant. There is a large gap in the park where a house once was- put in more pad spaces? Detached shop was once a rented studio apartment that has since been gutted - could be torn down for an additional pad site as well. Tons of potential here!
  1. Listed by Ashley Hegberg • Wilcox Real Estate

Property Details for 301 South Street

Community Name
Centralia
School District
Centralia
Number of Assigned Spaces
0
Total Covered Parking
0
Entry Date
04-18-2024
Energy Source
See Remarks
Sewer
Available

Location

Listing Courtesy of Wilcox Real Estate
Add your commute
LISTING UPDATED: 04/24/2024 12:51 PM

Property Details for 301 South Street

StatusActive
MLS #2223317
Days on Market15
Cumulative Days on Market15
Taxes$7,180 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1950
Lot Size2.09 AC / 91,039 SF
CountyLewis County

Location

Listing Courtesy of Wilcox Real Estate
Add your commute

Building Information for 301 South Street

Stories-Residences6Year Built1950Building Size-Lot Size2.09 AC / 91,039 SF

Payment Calculator

$6,956 per month

30 year fixed, 7.25% Interest

Principal and Interest

$6,358

Property Taxes

$598

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 301 South Street

Summary
Location and General Information
  • Style: 56 - 10+ Units
  • Site Features: Fenced-Partially
  • Area: 426 - Centralia
  • Directions: From I5 take exit 82. Turn East on Harrison Ave. Turn right on Yew St. Continue straight to Long Rd. Turn left on South St. Property is on the left.
  • Leased Items: None
  • Property Sub Type: MULT
  • View: No
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2023
  • Additional Tax Ids: 001935009000,003682026014,003682026015
Parking
  • Number of Carport Spaces: 0.0
  • Carport: No
  • Open Parking Spaces: 0.0
  • Open Parking: No
Interior and Exterior Features
Interior Features
  • Cooling: Yes
  • Cooling: Other – See Remarks
  • Fireplace: No
  • Heating: Yes
  • Heating: Other – See Remarks
Exterior Features
  • Exterior: See Remarks
  • Roof: See Remarks
  • Security Features: FullyFenced
Property
Utilities
  • Water Source: Public
  • Water/Sewer/Garbage: 18542.53
  • Power Production Type: See Remarks
Property and Assessments
  • New Construction YN: No
  • Foundation: See Remarks
  • Letter On File: Duplicate Prop Type
  • Preliminary Title Ordered: Yes
  • Senior Community: No
  • Special Listing Conditions: None
  • Photos Count: 39
Lot Information
  • Lot Details: Corner Lot, Paved
  • Lot Size Source: Realist
  • Parcel Number Free Text: 003682026006
  • Calculated Square Footage: 0
  • Structure Type: Multi Family
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 0.0
  • Building Area Units: Square Feet
  • Property Type: Residential Income
  • Elevation Units: Feet
  • Irrigation Water Rights: No
Multi Family
Building Details
  • Number of Uncovered Spaces: 0
  • Number of Stories in Building: 0
  • Vacancy Rate: 18
  • Number Of Units Total: 6
  • Units Below Grade: false
Financing / Income and Expenses
  • Electric Expense: $0
  • Total Expenses: 36280.34
  • Gross Adjusted Income: 62184
  • Gross Rent Multiplier: 14.76
  • Gross Scheduled Income: $78,924
  • Insurance Expense: $870
  • Net Operating Income: $25,903
  • Other Expenses: $9,688
  • Total Monthly Income: 5182
  • Fuel Expense: $0
Unit 1
  • Washer/Dryer Unit 1: false
  • Range/Oven Unit 1: false
  • Refrigerator Unit 1: false
  • Dishwasher Unit 1: false
  • Square Feet Unit 1: 0
  • Rent Unit 1: $465.00
  • Bedrooms Unit 1: 0
  • Fireplaces Unit 1: 0
  • Bathrooms Unit 1: 0
Unit 2
  • Washer/Dryer Unit 2: false
  • Range/Oven Unit 2: false
  • Refrigerator Unit 2: false
  • Dishwasher Unit 2: false
  • Square Feet Unit 2: 0
  • Rent Unit 2: $465.00
  • Bedrooms Unit 2: 0
  • Fireplaces Unit 2: 0
  • Bathrooms Unit 2: 0
Unit 3
  • Washer/Dryer Unit 3: false
  • Range/Oven Unit 3: false
  • Refrigerator Unit 3: false
  • Dishwasher Unit 3: false
  • Square Feet Unit 3: 0
  • Rent Unit 3: $465.00
  • Bedrooms Unit 3: 0
  • Fireplaces Unit 3: 0
  • Bathrooms Unit 3: 0
Unit 4
  • Washer/Dryer Unit 4: false
  • Range/Oven Unit 4: false
  • Refrigerator Unit 4: false
  • Dishwasher Unit 4: false
  • Square Feet Unit 4: 0
  • Rent Unit 4: $465.00
  • Bedrooms Unit 4: 0
  • Fireplaces Unit 4: 0
  • Bathrooms Unit 4: 0
Unit 5
  • Washer/Dryer Unit 5: false
  • Range/Oven Unit 5: false
  • Refrigerator Unit 5: false
  • Dishwasher Unit 5: false
  • Square Feet Unit 5: 0
  • Rent Unit 5: $465.00
  • Bedrooms Unit 5: 0
  • Fireplaces Unit 5: 0
  • Bathrooms Unit 5: 0
Unit 6
  • Washer/Dryer Unit 6: false
  • Range/Oven Unit 6: false
  • Refrigerator Unit 6: false
  • Dishwasher Unit 6: false
  • Square Feet Unit 6: 0
  • Rent Unit 6: $465.00
  • Bedrooms Unit 6: 0
  • Fireplaces Unit 6: 0
  • Bathrooms Unit 6: 0
Rental
Rent Information
  • Occupant Type: Tenant
  • Leasable Area: 0.0
  • Leasable Area Units: Square Feet

Property History for 301 South Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 301 South Street

Taxable ValueLand$187,100Additions$114,200Total$301,300
Tax Record2023$2,470 ($206 / month)
Home Facts
Total Finished SqFt1,136 SqFtAbove Ground SqFt1,136 SqFtStories1Lot Size31,363 SqFtStyleMobile Home ParksYear Built1945CountyLEWISAPN003682026015

Schools near 301 South Street

This home is within Centralia School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 7 to 8
Public - 9 to 12
Public - K to 6
Rating
School
Distance
Jefferson Lincoln Elementary School
PublicK to 6

Centralia Middle School
Public7 to 8

Centralia High School
Public9 to 12

Washington Elementary School
PublicK to 6

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.

Similar Homes

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301 South Street is a multi-family home for sale in Centralia, WA 98531. This property was listed for sale on April 18, 2024 by Wilcox Real Estate, it's currently listed at $1,165,000. This listing's school district is Centralia School District. Nearby schools include Jefferson Lincoln Elementary School, Centralia Middle School and Centralia High School. 301 South Street is a 0-bed, 0-bath, multi-family home built in 1950.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Wilcox Real Estate

Listing provided courtesy of NWMLS, RMLS or Yakima MLS. The information contained in this listing has not been verified by Compass or the MLS and should be verified by the buyer. The DOM value represents the number of days this listing has been Active on this website.