NOT LISTED FOR SALE

504 Pacific Ave S Kelso, WA 98626

-- Bed
-- Bath
4,000 Sq Ft
5,000 Sq Ft Lot

Last Sold February 07, 2024

Last sale price $510,000 $128 Per Sq Ft

185 Days on Market

Highlights

  • No HOA
  • Baseboard Heating
  • Wall to Wall Carpet

About This Home

As of February 2024

Great Value in this 6=plex plus two garages that is centrally located in Kelso. This property features six 2 bed / 1 bath units that are approx. 650 sf each. Offered at a 6.4 Cap Rate and has potential to increase the rental rates. This would make a great addition to your portfolio or a great starter investments. Call today for additional information. Interior tours upon mutual acceptance.

Last Agent to Sell the Property

Chris Roewe

Woodford Commercial RE License #23495 Listed on: 07/17/2023

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2140081

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,996

Year Built

  • Built in 1900

Lot Details

  • 5,000 Sq Ft Lot

Home Design

  • Poured Concrete
  • Composition Roof
  • Stucco
  • Wood Composite

Interior Spaces

  • 4,000 Sq Ft Home
  • 2-Story Property

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 5 Parking Spaces
  • 2 Covered Spaces
  • Open Parking

Utilities

  • Baseboard Heating
  • Heating System Mounted To A Wall or Window

Community Details

  • No Home Owners Association
  • Kelso Subdivision

Listing and Financial Details

  • Assessor Parcel Number 21150

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,996

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 55 - 5-9 Units
  • Year Built: 1900
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 4000
  • EffectiveYearBuiltSource: See Remarks
  • SOCComments: Must show & attend appts to receive.
  • Special Features: None
  • Cumulative Days on Market: 505

Interior Features

  • Possible Use: Commercial
  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • Lot Features: Curbs, Paved, Sidewalk
  • View: No
  • Waterfront: No
  • Exterior Features: Stucco, Wood Products
  • Foundation Details: Poured Concrete
  • Property Condition: Fair
  • Structure Type: Multi Family

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Open Parking Spaces: 3
  • Open Parking: Yes
  • Total Parking Spaces: 5
  • ParkingUncoveredSpaces: 3

Utilities

  • Sewer: Sewer Connected
  • Water Source: Community
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Wall Unit(s)
  • Heating Yn: Yes
  • PowerCompany: Cowlitz PUD
  • SewerCompany: City of Kelso
  • WaterCompany: City of Kelso
  • WaterSewerGarbage: 2400

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Kelso

Lot Info

  • Parcel Number: 21150
  • Lot Size Acres: 0.1148
  • Lot Size Sq Ft: 5000
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: county
  • ZoningJurisdiction: City
  • ZoningClass: Commercial

Green Features

  • Power Production Type: Electric

Rental Info

  • GrossRentMultiplier: 10.6
  • LeasedItems: None
  • TotalMonthlyIncome: 4785

Multi Family

  • Gross Scheduled Income: 56668
  • Net Operating Income: 38567
  • Number Of Units Total: 8
  • Electric Expense: 705
  • Insurance Expense: 1200
  • Leasable Area: 4000
  • EnergySource: Electric
  • UnitsInBuildingTotal: 6
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2023
  • Tax Annual Amount: 5996

Range of Values:

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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
02/07/2024 02/07/24 Sold $510,000 -7.3% $128 / Sq Ft
01/18/2024 01/18/24 Pending -- -- --
10/31/2023 10/31/23 Price Changed $549,900 -8.3% $137 / Sq Ft
07/17/2023 07/17/23 For Sale $599,900 -- $150 / 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: 2140081

Northwest Multiple Listing Service (NWMLS)