616 N 13th St

    Elma, WA 98541
    • $550,000
    • STATUS: Pending Feasibility
    • ON SITE: 15 days
    • ID#: 1515484
    Under Contract
    UPDATED: 35 min ago
    $550,000
    • 0
      BEDS
    • 0.54
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 5,040
      SQFT
    • $109
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1979
    County:
    Area:

    School Ratings & Info

    School District:
    Listing Courtesy of Century 21 Real Estate Center.

    Description

    Great Investment Property! 3 Duplexes on 1 parcel with a total of 6 units that are always rented! Each unit is 2 Bdrm, 1 bath with a Fireplace, 1 unit has a propane insert, 3 units have on-demand tankless propane hotwater, all units had weatherization upgrade including new vinyl windows! Units have Washer/Dryer hookups! Some LED lighting upgrades! All tenants are month to month! Several long term tenants so rents are very low! Please do not disturb the tenants!

    Monthly Payment Calculator



    The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Record Real Estate are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2019-09-22T07:15:10.08.

    www.recordrre.com/homes/98741819

    616 N 13th St Elma, WA 98541

    • Price: $550,000
    • Status: Pending Feasibility
    • Updated: 35 min ago
    • ID#: 1515484
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.54
    Acres
    5,040
    SQFT
    $109
    $/SQFT
    1979
    Built
    Neighborhood:
    Elma
    County:
    Grays Harbor
    Area:
    Elma
    School District:
    Elma
    Property Description
    Great Investment Property! 3 Duplexes on 1 parcel with a total of 6 units that are always rented! Each unit is 2 Bdrm, 1 bath with a Fireplace, 1 unit has a propane insert, 3 units have on-demand tankless propane hotwater, all units had weatherization upgrade including new vinyl windows! Units have Washer/Dryer hookups! Some LED lighting upgrades! All tenants are month to month! Several long term tenants so rents are very low! Please do not disturb the tenants!
    Exterior Features

    Building Condition Average Carport Spaces 0 Exterior Wood Foundation Poured Concrete Garage Spaces 0 Lot Details Paved Street Lot Dimensions 183X133 Roof Composition Stories In Building 1 Style 55 - 5-Plex Total Parking Spaces 12 Uncovered Spaces 12

    Interior Features

    Floor Covering Ceramic TileLaminate HardwoodVinyl Heating And Cooling BaseboardInsertWall Unit1 Bathrooms 1.00 Unit1 Bedrooms 2 Unit1 Dishwasher Y Unit1 Fireplaces 1 Unit1 Range Oven Y Unit1 Refrigerator Y Unit1 Sq Ft 840 Unit1 Washer Dryer N Unit2 Bathrooms 1.00 Unit2 Bedrooms 2 Unit2 Dishwasher Y Unit2 Fireplaces 1 Unit2 Range Oven Y Unit2 Refrigerator Y Unit2 Sq Ft 840 Unit2 Washer Dryer N Unit3 Bathrooms 1.00 Unit3 Bedrooms 2 Unit3 Dishwasher Y Unit3 Fireplaces 1 Unit3 Range Oven Y Unit3 Refrigerator Y Unit3 Sq Ft 840 Unit3 Washer Dryer N Unit4 Bathrooms 1.00 Unit4 Bedrooms 2 Unit4 Dishwasher Y Unit4 Fireplaces 1 Unit4 Range Oven Y Unit4 Refrigerator Y Unit4 Sq Ft 840 Unit4 Washer Dryer N Unit5 Bathrooms 1.00 Unit5 Bedrooms 2 Unit5 Dishwasher Y Unit5 Fireplaces 1 Unit5 Range Oven Y Unit5 Refrigerator Y Unit5 Sq Ft 840 Unit5 Washer Dryer N Unit6 Bathrooms 1.00 Unit6 Bedrooms 2 Unit6 Dishwasher Y Unit6 Fireplaces 1 Unit6 Range Oven Y Unit6 Refrigerator Y Unit6 Sq Ft 840 Unit6 Washer Dryer N Units Below Grade N

    Property Features

    Amenities Energy PackagePlaygroundThermal Windows Bank Owned No Cap Rate 7.00 Electrical Expenses 0 Energy Source ElectricPropane EPSEnergy 0 Form17 Provided General Zoning Classification Retail Gross Adjusted Income 51000 Gross Rent Multiplier 11 Gross Scheduled Income 51000 Heating Expenses 0 Hers Index 0 Home Owner Dues 0 Insurance Expenses 800 Leased Items None Net Operating Income 39203 New Construction YN No Other Expenses 0 Possession ClosingSub. Tenant's Rights Power Company Gh Pud Right Of First Refusal No Septic Approved For Number Of Bedrooms 0 Sewer Sewer Connected Sewer Company City Of Elma Site Features Cable TVFenced-PartiallyHigh Speed InternetPatioPropane Tax Amount 3125 Tax Year 2019 Terms Cash OutConventional Third Party Approval Required None Total Expenses EXP 11797 Total Expenses TEX 11797 Total Monthly Income 4250 Unit1 Monthly Rent 700 Unit2 Monthly Rent 700 Unit3 Monthly Rent 775 Unit4 Monthly Rent 650 Unit5 Monthly Rent 725 Unit6 Monthly Rent 700 Vacancy Rate 0 Water Company City Of Elma Water Sewer Garbage 8592 Water Source Public Zoning Jurisdiction City

    Listing information © 2019 Northwest Multiple Listing Service. Information is based on data available to the associate, including county records. The information contained in this listing has not been verified by Record Real Estate and should be verified by the buyer.


    The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Record Real Estate are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2019-09-22T07:15:10.08.

     
    Record Real Estate
    2012 S. 320th St. Suite A
    Federal Way WA, 98003
    Listing Courtesy of Century 21 Real Estate Center.