401 North Ash Street

Centralia, WA 98531

$6,000,000
Price
60
Beds
30
Baths
22,800 Sq. Ft.
$263 / Sq. Ft.
22,800
Sq. Ft.
$263
per Sq. Ft.

Description

Montclair is a 30-unit apartment community built in 1994. The property is situated on a 78,408 SF lot in a quiet area of Centralia, Washington. All 30 units are Two-Bedroom One-Bath apartment homes. The apartment homes face a nicely landscaped setting with plenty of space and quiet surroundings. Each unit has its own private deck/patio. The unit interiors have been recently renovated and feature brand new luxury vinyl plank flooring, vanities, stainless steel appliances, and washer and dryers. Some...Montclair is a 30-unit apartment community built in 1994. The property is situated on a 78,408 SF lot in a quiet area of Centralia, Washington. All 30 units are Two-Bedroom One-Bath apartment homes. The apartment homes face a nicely landscaped setting with plenty of space and quiet surroundings. Each unit has its own private deck/patio. The unit interiors have been recently renovated and feature brand new luxury vinyl plank flooring, vanities, stainless steel appliances, and washer and dryers. Some recent capital expenditures include fresh asphalt parking lot, renovated unit interiors, exterior paint job, brand new siding on all buildings, new signage, new fencing, new windows on select units, upgraded exterior lighting.
  1. Listed by River Voorhees • Westlake Associates, Inc.
  2. Listed by Louis Voorhees • Westlake Associates, Inc.

Property Details for 401 North Ash Street

Community Name
Edison
School District
Centralia
Number of Assigned Spaces
66
Total Covered Parking
0
Entry Date
04-09-2024
Energy Source
Electric
Sewer
Sewer Connected

Location

Listing Courtesy of Westlake Associates, Inc.
Add your commute
LISTING UPDATED: 04/09/2024 12:24 PM

Property Details for 401 North Ash Street

StatusActive
MLS #2220950
Days on Market24
Cumulative Days on Market23
Taxes$31,937 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1994
Lot Size1.80 AC / 78,408 SF
CountyLewis County

Location

Listing Courtesy of Westlake Associates, Inc.
Add your commute

Building Information for 401 North Ash Street

Stories2Residences30Year Built1994Building Size-Lot Size1.80 AC / 78,408 SF

Payment Calculator

$35,406 per month

30 year fixed, 7.25% Interest

Principal and Interest

$32,744

Property Taxes

$2,661

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 401 North Ash Street

Summary
Location and General Information
  • Style: 56 - 10+ Units
  • Area: 426 - Centralia
  • Directions: On I-5 S, take exit 82 for Harrison Ave. Turn left onto W 1st St. Turn right on J St. Continue onto N Ash St. Site is on the right.
  • Leased Items: None
  • Property Sub Type: MULT
  • View: No
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2023
  • Additional Tax Ids: 002102001001
Parking
  • Number of Carport Spaces: 0.0
  • Carport: No
  • Open Parking Spaces: 66.0
  • Open Parking: Yes
Interior and Exterior Features
Interior Features
  • Floor Covering: Vinyl Plank
  • Cooling: No
  • Cooling: None
  • Fireplace: No
  • Heating: Yes
  • Heating: Baseboard
Exterior Features
  • Exterior: Wood
  • Roof: Composition
Property
Utilities
  • Water/Sewer/Garbage: 51630
  • Power Production Type: Electric
Property and Assessments
  • New Construction YN: No
  • Zoning Jurisdiction: City
  • Zoning Class: Multi-Family
  • First Right Of Refusal: false
  • Possible Use: Multi-Family
  • MLS Square Footage Source: Lewis County
  • Preliminary Title Ordered: No
  • Senior Community: No
  • Special Listing Conditions: None
  • Photos Count: 11
Lot Information
  • Lot Details: Paved
  • Lot Size Source: Lewis County
  • Parcel Number Free Text: 002102001000
  • Calculated Square Footage: 22800
  • Structure Type: Multi Family
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 22800.0
  • Building Area Units: Square Feet
  • Property Type: Residential Income
  • Elevation Units: Feet
  • Irrigation Water Rights: No
Multi Family
Building Details
  • Number of Uncovered Spaces: 66
  • Number of Stories in Building: 2
  • Vacancy Rate: 5
  • Number Of Units Total: 30
  • Units Below Grade: false
  • Units In Building Total: 30
Financing / Income and Expenses
  • Electric Expense: $0
  • Total Expenses: 180152
  • Gross Adjusted Income: 541500
  • Gross Rent Multiplier: 10.53
  • Gross Scheduled Income: $570,000
  • Insurance Expense: $15,689
  • Net Operating Income: $361,351
  • Other Expenses: $80,896
  • Total Monthly Income: 46500
  • Fuel Expense: $0
Unit 1
  • Name Unit 1: 30
  • Square Feet Unit 1: 722
  • Rent Unit 1: $1,450.00
  • Bedrooms Unit 1: 2
  • Bathrooms Unit 1: 1
Unit 2
  • Name Unit 2: 29
  • Square Feet Unit 2: 722
  • Rent Unit 2: $1,450.00
  • Bedrooms Unit 2: 2
  • Bathrooms Unit 2: 1
Unit 3
  • Name Unit 3: 28
  • Square Feet Unit 3: 722
  • Rent Unit 3: $1,450.00
  • Bedrooms Unit 3: 2
  • Bathrooms Unit 3: 1
Unit 4
  • Name Unit 4: 27
  • Square Feet Unit 4: 722
  • Rent Unit 4: $1,450.00
  • Bedrooms Unit 4: 2
  • Bathrooms Unit 4: 1
Unit 5
  • Name Unit 5: 26
  • Square Feet Unit 5: 722
  • Rent Unit 5: $1,450.00
  • Bedrooms Unit 5: 2
  • Bathrooms Unit 5: 1
Unit 6
  • Name Unit 6: 25
  • Square Feet Unit 6: 722
  • Rent Unit 6: $1,450.00
  • Bedrooms Unit 6: 2
  • Bathrooms Unit 6: 1
Unit 7
  • Name Unit 7: 24
  • Square Feet Unit 7: 722
  • Rent Unit 7: $1,450.00
  • Bedrooms Unit 7: 2
  • Bathrooms Unit 7: 1
Unit 8
  • Name Unit 8: 23
  • Square Feet Unit 8: 722
  • Rent Unit 8: $1,450.00
  • Bedrooms Unit 8: 2
  • Bathrooms Unit 8: 1
Unit 9
  • Name Unit 9: 22
  • Square Feet Unit 9: 722
  • Rent Unit 9: $1,450.00
  • Bedrooms Unit 9: 2
  • Bathrooms Unit 9: 1
Unit 10
  • Name Unit 10: 21
  • Square Feet Unit 10: 722
  • Rent Unit 10: $1,450.00
  • Bedrooms Unit 10: 2
  • Bathrooms Unit 10: 1
Unit 11
  • Name Unit 11: 20
  • Square Feet Unit 11: 722
  • Rent Unit 11: $1,450.00
  • Bedrooms Unit 11: 2
  • Bathrooms Unit 11: 1
Unit 12
  • Name Unit 12: 19
  • Square Feet Unit 12: 722
  • Rent Unit 12: $1,450.00
  • Bedrooms Unit 12: 2
  • Bathrooms Unit 12: 1
Unit 13
  • Name Unit 13: 18
  • Square Feet Unit 13: 722
  • Rent Unit 13: $1,450.00
  • Bedrooms Unit 13: 2
  • Bathrooms Unit 13: 1
Unit 14
  • Name Unit 14: 17
  • Square Feet Unit 14: 722
  • Rent Unit 14: $1,450.00
  • Bedrooms Unit 14: 2
  • Bathrooms Unit 14: 1
Unit 15
  • Name Unit 15: 16
  • Square Feet Unit 15: 722
  • Rent Unit 15: $1,450.00
  • Bedrooms Unit 15: 2
  • Bathrooms Unit 15: 1
Unit 16
  • Name Unit 16: 15
  • Square Feet Unit 16: 722
  • Rent Unit 16: $1,450.00
  • Bedrooms Unit 16: 2
  • Bathrooms Unit 16: 1
Unit 17
  • Name Unit 17: 14
  • Square Feet Unit 17: 722
  • Rent Unit 17: $1,450.00
  • Bedrooms Unit 17: 2
  • Bathrooms Unit 17: 1
Unit 18
  • Name Unit 18: 13
  • Square Feet Unit 18: 722
  • Rent Unit 18: $1,450.00
  • Bedrooms Unit 18: 2
  • Bathrooms Unit 18: 1
Unit 19
  • Name Unit 19: 12
  • Square Feet Unit 19: 722
  • Rent Unit 19: $1,450.00
  • Bedrooms Unit 19: 2
  • Bathrooms Unit 19: 1
Unit 20
  • Name Unit 20: 11
  • Square Feet Unit 20: 722
  • Rent Unit 20: $1,450.00
  • Bedrooms Unit 20: 2
  • Bathrooms Unit 20: 1
Unit 21
  • Name Unit 21: 10
  • Square Feet Unit 21: 722
  • Rent Unit 21: $1,450.00
  • Bedrooms Unit 21: 2
  • Bathrooms Unit 21: 1
Unit 22
  • Name Unit 22: 9
  • Square Feet Unit 22: 722
  • Rent Unit 22: $1,450.00
  • Bedrooms Unit 22: 2
  • Bathrooms Unit 22: 1
Unit 23
  • Name Unit 23: 8
  • Square Feet Unit 23: 722
  • Rent Unit 23: $1,450.00
  • Bedrooms Unit 23: 2
  • Bathrooms Unit 23: 1
Unit 24
  • Name Unit 24: 7
  • Square Feet Unit 24: 722
  • Rent Unit 24: $1,450.00
  • Bedrooms Unit 24: 2
  • Bathrooms Unit 24: 1
Unit 25
  • Name Unit 25: 6
  • Square Feet Unit 25: 722
  • Rent Unit 25: $1,450.00
  • Bedrooms Unit 25: 2
  • Bathrooms Unit 25: 1
Rental
Rent Information
  • Occupant Type: Tenant
  • Leasable Area: 21660.0
  • Leasable Area Units: Square Feet

Property History for 401 North Ash 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 401 North Ash Street

Taxable ValueLand$15,200Additions-Total$15,200
Tax Record2023$125 ($10 / month)
Home Facts
Beds0Lot Size4,356 SqFtStyleResidentialCountyLEWISAPN002102001001

Schools near 401 North Ash 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 - 9 to 12
Rating
School
Distance
Edison Elementary School
PublicK to 6

Centralia Middle School
Public7 to 8

Centralia High School
Public9 to 12

Futurus 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.

Similar Homes

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401 North Ash Street is a multi-family home for sale in Centralia, WA 98531. This property was listed for sale on April 9, 2024 by Westlake Associates, Inc., it's currently listed at $6,000,000. It has been on the market for a total of 24 days and was last sold on December 27, 2017. This listing's school district is Centralia School District. Nearby schools include Edison Elementary School, Centralia Middle School and Centralia High School. 401 North Ash Street is a 60-bed, 30-bath, 22,800 sqft multi-family home built in 1994.

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 Westlake Associates, Inc.

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.