Estimated payment $4,950/month
This property is 3 different lots. There is a tri-plex with 3 rental units, with rents of $4625 per mo. There is a home behind the tri-plex which rents for $1750 per mo. and another home behind that home that rents for $1950. in addition, there is a vacant lotto the East that is approx. 100 ft. and 40 feet in Center Street. There is a gross scheduled rental income of $99,900 at current rents which are low. The expenses of taxes @ $4260, sewer is $12,000 per year, and insurance of $3461. Tenant pays for their own water and electrical. Property is currently managed for the absentee owner. if you manage yourself, it can be a great investment with good cash flow. (9% cap rate at present.) Contract available.
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: 2370493
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/22/2025 07/22/25 | For Sale | $849,950 | 0.0% | $142 / Sq Ft |
| 06/20/2025 06/20/25 | Pending | -- | -- | -- |
| 05/20/2025 05/20/25 | Price Changed | $849,950 | -2.9% | $142 / Sq Ft |
| 05/05/2025 05/05/25 | For Sale | $875,000 | -- | $146 / Sq Ft |
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Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: 2370493
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