902 B B Centralia Wa 98531
902 B B Centralia Wa 98531
Centralia, WA 98531
$850,000
Price
8
Beds
8
Baths
3,756 Sq. Ft.
$226 / Sq. Ft.
3,756
Sq. Ft.
$226
per Sq. Ft.
Listing provided courtesy of eXp Realty
Description
A Rare opportunity to own this 8 unit Multifamily property in a charming city near all amenities. You can expect a consistent and attractive rental income, bolstering your investment portfolio and supporting your financial goals. You will be pleased with the high occupancy rate as the demand for 1 bedroom units in this area is high, ensuring a low to almost zero Vacancy rate and stable tenant base. Reap the benefit of the appreciation potential as you bring the property up to its potential with cosmetic...A Rare opportunity to own this 8 unit Multifamily property in a charming city near all amenities. You can expect a consistent and attractive rental income, bolstering your investment portfolio and supporting your financial goals. You will be pleased with the high occupancy rate as the demand for 1 bedroom units in this area is high, ensuring a low to almost zero Vacancy rate and stable tenant base. Reap the benefit of the appreciation potential as you bring the property up to its potential with cosmetic updates and minor repairs. Secure your financial freedom with this exceptional property that promises ongoing returns and a vibrant community lifestyle for its residents. Don't miss out- Explore this Rare real Estate Opportunity today.
- Listed by PattySue Ceja • eXp Realty
Property Details for 902 B B Centralia Wa 98531
Community Name
Centralia
School DistrictCentralia
Number of Assigned Spaces9
Total Covered Parking0
Entry Date04-18-2024
Energy SourceElectric
SewerSewer Connected
Location
Listing Courtesy of eXp Realty![]()
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LISTING UPDATED: 04/19/2024 08:30 AM
Property Details for 902 B B Centralia Wa 98531
| Status | Active |
|---|---|
| MLS # | 2218003 |
| Days on Market | 15 |
| Cumulative Days on Market | 15 |
| Taxes | $7,112 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Residential Income |
| Year Built | 1977 |
| Lot Size | 0.30 AC / 13,068 SF |
| County | Lewis County |
Location
Listing Courtesy of eXp Realty![]()
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Building Information for 902 B B Centralia Wa 98531
Stories1Residences8Year Built1977Building Size-Lot Size0.30 AC / 13,068 SF
Payment Calculator
$5,231 per month
30 year fixed, 7.25% Interest
Principal and Interest
$4,639
Property Taxes
$593
HOA Dues
$0
The Payment Calculator is for illustrative purposes only.
Property Information for 902 B B Centralia Wa 98531
Summary
Location and General Information
- Style: 55 - 5-9 Units
- Site Features: Cable TV
- Area: 426 - Centralia
- Block: 38
- Elementary School: Edison Elem
- Middle Or Junior School: Centralia Mid
- High School: Centralia High
- Effective Year Built Source: Public Records
- Directions: From Olympia I-5 South, exit 82 at Harrison Ave, Left onto Harrison, Left onto W 1st St, Left onto B street to property on right
- Leased Items: None
- Property Sub Type: MULT
- View: No
- Waterfront: No
Taxes and HOA Information
- Tax Year: 2023
- Additional Tax Ids: 001683002
Parking
- Number of Carport Spaces: 0.0
- Carport: No
- Open Parking Spaces: 9.0
- Open Parking: Yes
Interior and Exterior Features
Interior Features
- Floor Covering: Laminate, Vinyl, Carpet
- Features: Laminate, Wall to Wall Carpet
- Amenities: Coin Op Laundry,Storage,Thermal Windows
- Cooling: No
- Cooling: None
- Fireplace: No
- Heating: Yes
- Heating: Baseboard
- FIRPTA: No
Exterior Features
- Exterior: Wood Products
- Roof: Composition
Property
Utilities
- Water Source: Public
- Water/Sewer/Garbage: 9867
- Power Company: centralia city
- Sewer Company: Centralia
- Water Company: Centralia City
- Power Production Type: Electric
Property and Assessments
- New Construction YN: No
- Zoning Jurisdiction: City
- Foundation: Post & Block, Poured Concrete
- Zoning Class: Multi-Family,Residential
- Construction Methods: Standard Frame
- First Right Of Refusal: false
- Possible Use: Multi-Family, Residential
- MLS Square Footage Source: county
- Preliminary Title Ordered: Yes
- Senior Community: No
- Special Listing Conditions: None
- Year Built Effective: 1985
- Photos Count: 15
Lot Information
- Lot Details: Corner Lot
- Lot Number: 13,14,15,16
- Lot Size Source: county
- Parcel Number Free Text: 001683002
- Calculated Square Footage: 3756
- Structure Type: Multi Family
- Square Footage Finished: 0
- Square Footage Unfinished: 0
- Building Area Total: 3756.0
- 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: 9
- Number of Stories in Building: 1
- Vacancy Rate: 0
- Number Of Units Total: 8
- Units Below Grade: false
- Units In Building Total: 8
Financing / Income and Expenses
- Electric Expense: $120
- Total Expenses: 25946
- Gross Adjusted Income: 31654
- Gross Rent Multiplier: 14.75
- Gross Scheduled Income: $57,600
- Insurance Expense: $4,294
- Net Operating Income: $31,654
- Other Expenses: $4,553
- Total Monthly Income: 4950
- Fuel Expense: $0
Unit 1
- Name Unit 1: A
- Washer/Dryer Unit 1: false
- Range/Oven Unit 1: true
- Refrigerator Unit 1: true
- Dishwasher Unit 1: false
- Square Feet Unit 1: 430
- Rent Unit 1: $600.00
- Bedrooms Unit 1: 1
- Bathrooms Unit 1: 1
Unit 2
- Name Unit 2: B
- Washer/Dryer Unit 2: false
- Range/Oven Unit 2: true
- Refrigerator Unit 2: true
- Dishwasher Unit 2: false
- Square Feet Unit 2: 430
- Rent Unit 2: $600.00
- Bedrooms Unit 2: 1
- Bathrooms Unit 2: 1
Unit 3
- Name Unit 3: C
- Washer/Dryer Unit 3: false
- Range/Oven Unit 3: true
- Refrigerator Unit 3: true
- Dishwasher Unit 3: false
- Square Feet Unit 3: 430
- Rent Unit 3: $600.00
- Bedrooms Unit 3: 1
- Bathrooms Unit 3: 1
Unit 4
- Name Unit 4: D
- Washer/Dryer Unit 4: false
- Range/Oven Unit 4: true
- Refrigerator Unit 4: true
- Dishwasher Unit 4: false
- Square Feet Unit 4: 430
- Rent Unit 4: $600.00
- Bedrooms Unit 4: 1
- Bathrooms Unit 4: 1
Unit 5
- Name Unit 5: E
- Washer/Dryer Unit 5: false
- Range/Oven Unit 5: true
- Refrigerator Unit 5: true
- Dishwasher Unit 5: false
- Square Feet Unit 5: 430
- Rent Unit 5: $600.00
- Bedrooms Unit 5: 1
- Bathrooms Unit 5: 1
Unit 6
- Name Unit 6: F
- Washer/Dryer Unit 6: false
- Range/Oven Unit 6: true
- Refrigerator Unit 6: true
- Dishwasher Unit 6: false
- Square Feet Unit 6: 430
- Rent Unit 6: $600.00
- Bedrooms Unit 6: 1
- Bathrooms Unit 6: 1
Unit 7
- Name Unit 7: G
- Washer/Dryer Unit 7: false
- Range/Oven Unit 7: true
- Refrigerator Unit 7: true
- Dishwasher Unit 7: false
- Square Feet Unit 7: 430
- Rent Unit 7: $600.00
- Bedrooms Unit 7: 1
- Bathrooms Unit 7: 1
Unit 8
- Name Unit 8: H
- Washer/Dryer Unit 8: false
- Range/Oven Unit 8: true
- Refrigerator Unit 8: true
- Dishwasher Unit 8: false
- Square Feet Unit 8: 430
- Rent Unit 8: $600.00
- Bedrooms Unit 8: 1
- Bathrooms Unit 8: 1
Rental
Rent Information
- Occupant Type: Tenant
- Leasable Area: 3456.0
- Leasable Area Units: Square Feet
Property History for 902 B B Centralia Wa 98531
| 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.
Schools near 902 B B Centralia Wa 98531
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 eXp Realty
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.