NOT LISTED FOR SALE

606 N Pearl St Centralia, WA 98531

-- Bed
-- Bath
3,417 Sq Ft
6,098 Sq Ft Lot

Last Sold October 26, 2022

Last sale price $550,000 $161 Per Sq Ft

5 Days on Market

Highlights

  • No HOA
  • Wood Siding
  • Wall to Wall Carpet

About This Home

As of October 2022

Investor Alert! Muliti - family property with 4 rental units, potential 9.5% cap rate or more! All well maintained, low maintenance. A 1920 home with an upstairs apartment and one downstairs. Also 2 additional apartments in separate buildings. Recently replaced roofs, new carpet in 3 units. Long term tenants in two of the four apartments. Seller willing to carry contract, negotiable terms.

Last Agent to Sell the Property

Floyd & Melissa Sheldon

CENTURY 21 North Homes Realty License #21026480 Listed on: 09/16/2022

CENTURY 21 North Homes Realty

Last Buyer's Agent

Cary Farrah

Premier Real Estate Partners License #135459

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1994246

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $342

Year Built

  • Built in 1920

Lot Details

  • 6,098

Home Design

  • Quadruplex
  • Flat Roof Shape
  • Block Foundation
  • Poured Concrete
  • Wood Siding
  • Wood Composite

Interior Spaces

  • 3,417 Sq Ft Home
  • 2-Story Property

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 6 Parking Spaces
  • 1 Covered Space
  • Open Parking

Schools

  • Centralia Mid Middle School
  • Centralia High School

Additional Features

  • 6,098 Sq Ft Lot
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Centralia Subdivision

Listing and Financial Details

  • Assessor Parcel Number 001099001000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$342

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 54 - 4-Plex
  • Year Built: 1920
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 3417
  • Special Features: None
  • Cumulative Days on Market: 286

Interior Features

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

Exterior Features

  • Roof: Flat
  • Lot Features: Alley, Curbs, Paved, Sidewalk
  • View: No
  • Waterfront: No
  • Exterior Features: Wood, Wood Products
  • Foundation Details: Block, Poured Concrete
  • Structure Type: Quadruplex

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 1
  • Open Parking Spaces: 5
  • Open Parking: Yes
  • Total Parking Spaces: 6
  • ParkingUncoveredSpaces: 5

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: Cable Connected, Natural Gas Available, Sewer Connected, Electric
  • PowerCompany: City of Centralia
  • SewerCompany: City of Centralia
  • WaterCompany: City of Centralia
  • WaterSewerGarbage: 356

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Centralia
  • High School: Centralia High
  • Middle Or Junior School: Centralia Mid

Lot Info

  • Parcel Number: 001099001000
  • Lot Size Acres: 0.14
  • Lot Size Sq Ft: 6098
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Gas Available
  • MLSLotSizeSource: Public Records
  • ZoningClass: Residential

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 9.16
  • LeasedItems: None
  • TotalMonthlyIncome: 3900

Multi Family

  • Gross Scheduled Income: 60000
  • Net Operating Income: 42804
  • Number Of Units Total: 4
  • Insurance Expense: 695
  • Leasable Area: 3417
  • EnergySource: Electric
  • UnitsInBuildingTotal: 4
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2022
  • Tax Annual Amount: 342

MLS Schools

  • Elementary School: Buyer To Verify

Range of Values:

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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
10/26/2022 10/26/22 Sold $550,000 0.0% $161 / Sq Ft
09/21/2022 09/21/22 Pending -- -- --
09/19/2022 09/19/22 Price Changed $549,950 -15.4% $161 / Sq Ft
09/16/2022 09/16/22 For Sale $649,950 -- $190 / 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: 1994246

Northwest Multiple Listing Service (NWMLS)