Listed by Woodford Commercial RE, Bought with AgencyOne
NOT LISTED FOR SALE

1113 N 2nd Ave Kelso, WA 98626

-- Bed
-- Bath
3,750 Sq Ft
7,501 Sq Ft Lot

Sale Details

Date Sold: August 5, 2022

Last sale price $557,000 $149 Per Sq Ft

5 Days on Market

About This Home

As of August 2022

Cash-flowing property with upside located in an up and coming neighborhood is now available. This 5-plex features 2 bed/1 bath units that are approx. 750 SF each, vinyl windows, a newer roof, exterior storage for tenants, carport parking and off-street parking, and much much more. This property is being offered at a 5.8% CAP rate based on actuals and a 7.8% proforma CAP rate. This multiplex would make a great addition to your portfolio. Call today for additional information.

Last Agent to Sell the Property

Chris Roewe

Woodford Commercial RE License #23495 Listed on: 04/14/2022

Last Buyer's Agent

Sindhu Jakka

AgencyOne License #134026

AgencyOne

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1915962

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,960

Year Built

  • Built in 1976

Lot Details

  • 7,500 Sq Ft Lot

Parking

  • Open Parking

Home Design

  • Poured Concrete
  • Composition Roof
  • Wood Composite

Interior Spaces

  • 3,750 Sq Ft Home
  • 2-Story Property

Flooring

  • Wall to Wall Carpet
  • Vinyl

Community Details

  • No Home Owners Association
  • North Kelso Subdivision

Listing and Financial Details

  • Assessor Parcel Number 20524

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,960

Year Built

Built in 1976

Lot Details

7,500 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 55 - 5-9 Units
  • Year Built: 1976
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 3750
  • EffectiveYearBuiltSource: Public Records
  • SOCComments: Must show to receive.
  • Special Features: None

Interior Features

  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Coin Op Laundry,Storage

Exterior Features

  • Roof: Composition
  • View: No
  • Waterfront: No
  • Exterior Features: Wood Products
  • Foundation Details: Poured Concrete
  • Structure Type: Multi Family

Garage/Parking

  • Carport Spaces: 3
  • Carport Y N: No
  • Open Parking: Yes
  • Total Parking Spaces: 7

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: Sewer Connected, Electric
  • PowerCompany: Cowlitz PUD
  • SewerCompany: City of Kelso
  • WaterCompany: City of Kelso

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Kelso

Lot Info

  • Parcel Number: 20524
  • Lot Size Acres: 0.1722
  • Lot Size Sq Ft: 7500
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: Public
  • ZoningJurisdiction: City

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 11.2
  • LeasedItems: None
  • TotalMonthlyIncome: 4209

Tax Info

  • Year: 2022
  • Tax Annual Amount: 4960

Multi Family

  • Number Of Units Total: 5
  • Electric Expense: 162
  • EnergySource: Electric
  • UnitsBelowGrade: false
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/05/2022 08/05/22 Sold $557,000 +1.3% $149 / Sq Ft
04/19/2022 04/19/22 Pending -- -- --
04/14/2022 04/14/22 For Sale $550,000 -- $147 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $6,808 $543,540 $61,070 $482,470
2023 $6,606 $520,570 $61,070 $459,500
2022 $4,960 $409,180 $61,070 $348,110
2021 $4,515 $366,430 $61,070 $305,360
2020 $3,818 $305,360 $61,070 $244,290
2019 $2,991 $254,562 $38,570 $215,992
2018 $3,295 $192,850 $38,570 $154,280
2017 $2,686 $192,850 $38,570 $154,280
2016 $2,683 $154,280 $30,860 $123,420
2015 $2,749 $154,280 $30,860 $123,420
2013 -- $154,280 $30,860 $123,420
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1915962

Northwest Multiple Listing Service (NWMLS)
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