303 North Rock Street
303 North Rock Street
Centralia, WA 98531
$348,500
Last Sold Price
5
Beds
3
Baths
2,492 Sq. Ft.
$140 / Sq. Ft.
2,492
Sq. Ft.
$140
per Sq. Ft.
Sold 10/26/21
Sold 10/26/21
Listing provided courtesy of Century 21 Northwest, eXp Realty
Description
What an amazing income opportunity! This triplex is nestled in a charming neighborhood and is located close to downtown Centralia and the college! Easy access to the freeway, stores, schools, and outlets! Bottom unit has been recently updated. Property has alley access and a covered carport. Good 5% CAP rate, even with all units currently renting below market value. A little sweat equity will turn this into a money maker!What an amazing income opportunity! This triplex is nestled in a charming neighborhood and is located close to downtown Centralia and the college! Easy access to the freeway, stores, schools, and outlets! Bottom unit has been recently updated. Property has alley access and a covered carport. Good 5% CAP rate, even with all units currently renting below market value. A little sweat equity will turn this into a money maker!
- Listed by Tracy A Mettier • Century 21 Northwest
- Listed by Ron Conard • Century 21 Northwest
Property Details for 303 North Rock Street
Community Name
Centralia
School DistrictCentralia
Number of Assigned Spaces5
Total Covered Parking0
Entry Date08-30-2021
Energy SourceElectric,Natural Gas
SewerSewer Connected
Location
Listing Courtesy of Century 21 Northwest![]()
Sold By eXp Realty
Add your commute
LISTING UPDATED: 01/23/2023 05:01 PM
Property Details for 303 North Rock Street
| Status | Sold |
|---|---|
| MLS # | 1832290 |
| Days on Market | 3 |
| Cumulative Days on Market | 879 |
| Taxes | $1,008 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Residential Income |
| Year Built | 1910 |
| Lot Size | 0.18 AC / 7,841 SF |
| County | Lewis County |
Location
Listing Courtesy of Century 21 Northwest![]()
Sold By eXp Realty
Add your commute
Building Information for 303 North Rock Street
Stories2Residences3Year Built1910Building Size-Lot Size0.18 AC / 7,841 SF
Payment Calculator
$1,986 per month
30 year fixed, 7.25% Interest
Principal and Interest
$1,902
Property Taxes
$84
HOA Dues
$0
The Payment Calculator is for illustrative purposes only.
Property Information for 303 North Rock Street
Summary
Location and General Information
- Style: 53 - Tri-plex
- Site Features: Cable TV
- Area: 426 - Centralia
- Elementary School: Buyer To Verify
- Middle Or Junior School: Buyer To Verify
- High School: Buyer To Verify
- Effective Year Built Source: Public Records
- Directions: GPS friendly
- Leased Items: None
- Property Sub Type: MULT
- View: No
- Waterfront: No
Taxes and HOA Information
- Tax Year: 2021
Parking
- Number of Carport Spaces: 4.0
- Carport: No
- Open Parking Spaces: 1.0
- Open Parking: Yes
Interior and Exterior Features
Interior Features
- Furnished: Unfurnished
- Floor Covering: Vinyl, Carpet
- Features: Wall to Wall Carpet
- Amenities: Storage,Thermal Windows
- Fireplace: No
- Heating: Yes
- FIRPTA: No
Exterior Features
- Exterior: Wood
- Roof: Composition
Property
Utilities
- Heating and Cooling: Baseboard
- Water Source: Public
- Water/Sewer/Garbage: 3324
- Power Company: City of Centralia
- Sewer Company: City of Centralia
- Water Company: City of Centralia
- Power Production Type: Electric, Natural Gas
- Utilities: Cable Connected, Sewer Connected, Electric, Natural Gas Connected
Property and Assessments
- New Construction YN: No
- Zoning Jurisdiction: City
- Foundation: Post & Block
- Zoning Class: Residential
- First Right Of Refusal: false
- Possible Use: Residential
- Preliminary Title Ordered: Yes
- Senior Community: No
- Special Listing Conditions: None
- Year Built Effective: 1910
- Photos Count: 7
Lot Information
- Lot Details: Alley, Paved, Sidewalk
- Lot Size Source: public records
- Parcel Number Free Text: 001184002000
- Calculated Square Footage: 2492
- Structure Type: Triplex
- Square Footage Finished: 0
- Square Footage Unfinished: 0
- Building Area Total: 2492.0
- 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: 1
- Number of Stories in Building: 2
- Vacancy Rate: 0
- Number Of Units Total: 3
- Units Below Grade: false
- Units In Building Total: 3
Financing / Income and Expenses
- Electric Expense: $0
- Total Expenses: 4339
- Gross Adjusted Income: 26400
- Gross Rent Multiplier: 13
- Gross Scheduled Income: $26,400
- Insurance Expense: $700
- Net Operating Income: $22,061
- Other Expenses: $0
- Total Monthly Income: 2200
- Fuel Expense: $0
Unit 1
- Name Unit 1: back unit
- Washer/Dryer Unit 1: false
- Range/Oven Unit 1: true
- Refrigerator Unit 1: true
- Dishwasher Unit 1: false
- Square Feet Unit 1: 534
- Rent Unit 1: $550.00
- Bedrooms Unit 1: 1
- Fireplaces Unit 1: 0
- Bathrooms Unit 1: 1
Unit 2
- Name Unit 2: front unit
- Washer/Dryer Unit 2: false
- Range/Oven Unit 2: true
- Refrigerator Unit 2: true
- Dishwasher Unit 2: false
- Square Feet Unit 2: 900
- Rent Unit 2: $975.00
- Bedrooms Unit 2: 2
- Fireplaces Unit 2: 0
- Bathrooms Unit 2: 1
Unit 3
- Name Unit 3: upstairs unit
- Washer/Dryer Unit 3: false
- Range/Oven Unit 3: true
- Refrigerator Unit 3: true
- Dishwasher Unit 3: true
- Square Feet Unit 3: 1058
- Rent Unit 3: $675.00
- Bedrooms Unit 3: 2
- Fireplaces Unit 3: 0
- Bathrooms Unit 3: 1
Rental
Rent Information
- Occupant Type: Tenant
- Leasable Area: 2492.0
- Leasable Area Units: Square Feet
Property History for 303 North Rock Street
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
|---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 303 North Rock Street
Taxable ValueLand$75,000Additions$307,200Total$382,200
Tax Record2023$3,134 ($261 / month)
Home Facts
Baths3Total Finished SqFt2,492 SqFtAbove Ground SqFt2,492 SqFtStories2Lot Size7,841 SqFtStyleMulti-Family Dwelling (2-4)Year Built1910Year Renovated1958CountyLEWISAPN001184002000Fireplace TypeHas Fireplace
Schools near 303 North Rock 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 |
|---|---|---|
Edison 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.
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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 Century 21 Northwest
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.