Listed by eXp Realty
$800,000
SOLD JUL 19, 2024

902 B St Centralia, WA 98531

-- Bed
-- Bath
3,756 Sq Ft
0.3 Acres

Recently Sold

$213 Per Sq Ft

6% Below List Price

20 Days on Market

Highlights

  • Corner Lot
  • Thermal Windows
  • Wall to Wall Carpet
  • No HOA
  • Baseboard Heating
  • 1-Story Property

About This Home

As of July 2024

A Rare opportunity to own this 8 unit Multifamily property in a charming city near all amenities. You can expect a consistent and attractive rental income, bolstering your investment portfolio and supporting your financial goals. You will be pleased with the high occupancy rate as the demand for 1 bedroom units in this area is high, ensuring a low to almost zero Vacancy rate and stable tenant base. Reap the benefit of the appreciation potential as you bring the property up to its potential with cosmetic updates and minor repairs. Secure your financial freedom with this exceptional property that promises ongoing returns and a vibrant community lifestyle for its residents. Don't miss out- Explore this Rare real Estate Opportunity today.

Last Listed By

Patty Ceja

eXp Realty License #19015 Listed on: 04/18/2024

eXp Realty

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2218003

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,112

Year Built

  • Built in 1977

Lot Details

  • 0.3 Acre Lot
  • Corner Lot

Home Design

  • Block Foundation
  • Poured Concrete
  • Composition Roof
  • Wood Composite

Interior Spaces

  • 3,756 Sq Ft Home
  • 1-Story Property
  • Thermal Windows

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Vinyl

Parking

  • 9 Parking Spaces
  • Open Parking

Schools

  • Edison Elementary School
  • Centralia Mid Middle School
  • Centralia High School

Utilities

  • Baseboard Heating
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Centralia Subdivision

Listing and Financial Details

  • Legal Lot and Block 13,14,15,16 / 38
  • Assessor Parcel Number 001683002

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,112

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 55 - 5-9 Units
  • Year Built: 1977
  • Buyer Agency Compensation: 2
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 3756
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None
  • Cumulative Days on Market: 299

Interior Features

  • Possible Use: Multi-Family, Residential
  • Fireplace: No
  • Flooring: Laminate, Vinyl, Carpet
  • Interior Amenities: Laminate, Wall to Wall Carpet
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullUpper: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsUpper: 0
  • Amenities: Coin Op Laundry,Storage,Thermal Windows

Exterior Features

  • Roof: Composition
  • Lot Features: Corner Lot
  • View: No
  • Waterfront: No
  • Exterior Features: Wood Products
  • Foundation Details: Post & Block, Poured Concrete
  • Structure Type: Multi Family
  • ConstructionMethods: Standard Frame

Garage/Parking

  • Carport Y N: No
  • Open Parking Spaces: 9
  • Open Parking: Yes
  • Total Parking Spaces: 9
  • ParkingUncoveredSpaces: 9

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard
  • Heating Yn: Yes
  • PowerCompany: centralia city
  • SewerCompany: Centralia
  • WaterCompany: Centralia City
  • WaterSewerGarbage: 9867

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: 001683002
  • Lot Size Acres: 0.3
  • Lot Size Sq Ft: 13068
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV
  • MLSLotSizeSource: county
  • MLSSquareFootageSource: county
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family,Residential
  • LotNumber: 13,14,15,16

Green Features

  • Efficiency: Thermal Windows
  • Power Production Type: Electric

Rental Info

  • GrossRentMultiplier: 14.75
  • LeasedItems: None
  • TotalMonthlyIncome: 4950

Multi Family

  • Gross Scheduled Income: 57600
  • Net Operating Income: 31654
  • Number Of Units Total: 8
  • Electric Expense: 120
  • Insurance Expense: 4294
  • Leasable Area: 3456
  • EnergySource: Electric
  • UnitsInBuildingTotal: 8
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2023
  • Tax Annual Amount: 7112
  • AdditionalTaxIds: 001683002

MLS Schools

  • Elementary School: Edison Elem

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
07/19/2024 07/19/24 Sold $800,000 -5.9% $213 / Sq Ft
05/08/2024 05/08/24 Pending -- -- --
04/18/2024 04/18/24 For Sale $850,000 -- $226 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Patty Ceja

    Seller's Agent in 2024

    Patty Ceja

    eXp Realty

    (360) 259-6034

    17 Total Sales

    Patty Ceja
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2218003

Northwest Multiple Listing Service (NWMLS)

Washington Lewis County Centralia 98531

902 B St, Centralia, WA

This home is located at 902 B St, Centralia, WA 98531 and is currently priced at $800,000, approximately $212 per square foot. This property was built in 1977. 902 B St is a home located in Lewis County with nearby schools including Centralia Middle School, Centralia High School, and Evergreen Academy of Arts & Sciences.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northwest Multiple Listing Service (NWMLS) Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with the 3 tree icon and provided by NWMLS. All properties are subject to prior sale or withdrawal. ©2025 NWMLS.

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