NOT LISTED FOR SALE

1205 Alder St Centralia, WA 98531

3 Beds
2 Baths
6,436 Sq Ft
0.33 Acres

Last Sold April 29, 2022

Last sale price $1,100,000 $171 Per Sq Ft

7 Days on Market

About This Home

As of April 2022

Awesome multi-family investment opportunity in Centralia, WA. 8 units - (4) 1bdrm 1bath, and (4) 2bdrm 1bth units. Rents significantly under market. Coin-operated laundry and utility bill backs are already in place. Corner lot, close to the freeway, shopping, and restaurants.

Last Agent to Sell the Property

Garett Hall

Prime Locations Inc. License #114676 Listed on: 03/04/2022

Last Buyer's Agent

Garett Hall

Prime Locations Inc. License #114676 Listed on: 03/04/2022

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1897141

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,703

Year Built

  • Built in 1971

Lot Details

  • 0.33 Acre Lot

Home Design

  • Composition Roof
  • Vinyl Construction Material

Interior Spaces

  • 6,436 Sq Ft Home
  • 2-Story Property

Parking

  • 18 Parking Spaces
  • Open Parking

Community Details

  • No Home Owners Association
  • Centralia Subdivision

Listing and Financial Details

  • Assessor Parcel Number 002368001000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,703

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 55 - 5-9 Units
  • Year Built: 1971
  • Buyer Agency Compensation: 3
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 6436
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • View: No
  • Waterfront: No
  • Exterior Features: Metal/Vinyl
  • Structure Type: Multi Family

Garage/Parking

  • Carport Y N: No
  • Open Parking Spaces: 18
  • Open Parking: Yes
  • Total Parking Spaces: 18
  • ParkingUncoveredSpaces: 18

Utilities

  • Sewer: Sewer Connected
  • Heating Yn: Yes
  • Utilities: Sewer Connected, Electric
  • WaterSewerGarbage: 9468

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Centralia

Lot Info

  • Parcel Number: 002368001000
  • Lot Size Acres: 0.3274
  • Lot Size Sq Ft: 14260
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: County Assessor
  • ZoningJurisdiction: City

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 14.64
  • LeasedItems: None
  • TotalMonthlyIncome: 6830

Multi Family

  • Gross Scheduled Income: 81960
  • Net Operating Income: 58552
  • Number Of Units Total: 8
  • Electric Expense: 1000
  • Insurance Expense: 2500
  • Leasable Area: 6436
  • EnergySource: Electric
  • UnitsInBuildingTotal: 8
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2022
  • Tax Annual Amount: 4703
  • AdditionalTaxIds: 002368001000

Range of Values:

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Average Value
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List Price
Sold Price
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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 Change Sq Ft Price
04/29/2022 04/29/22 Sold $1,100,000 -8.3% $171 / Sq Ft
03/11/2022 03/11/22 Pending -- -- --
03/04/2022 03/04/22 For Sale $1,200,000 +163.7% $186 / Sq Ft
04/05/2017 04/05/17 Sold $455,000 -3.2% $81 / Sq Ft
02/22/2017 02/22/17 Pending -- -- --
01/23/2017 01/23/17 For Sale $470,000 -- $83 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1897141

Northwest Multiple Listing Service (NWMLS)