1921 Teresa WAY new to site

Kelso,WA 98626

$ 550000

6 Beds

5 Baths

3984 SqFt


Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,984 sqft

Price per Sqft $138

Subdivision Kelso

MLS Listing ID 2410438

Style 54 - 4-Plex

Bedrooms 6

Year Built 1968

Annual Tax Amount $4,195

Lot Size 0.590 Acres

Property Sub-Type Multi Family

Property Description

Rare investment opportunity with this double duplex package in Kelso, situated on a spacious 25,700 SF lot with a serene, wooded backdrop, at the end of a dead-end road. The lower duplex features a classic oversized side-by-side layout with two 1-bed/1-bath units, each offering a covered patio & carport parking. The upper duplex offers a multilevel design, including one 2-bed/2-bath unit & one 2-bed/1-bath unit, with three car garage for covered parking. Each unit is equipped with laundry hook-ups for added convenience. Currently offered at a 6.4% cap rate & presents strong upside potential through value-add improvements and rent adjustments to match current market rates.

Location

State WA

County Cowlitz

Area 415 - Ostrander

Interior

Flooring Laminate,Carpet

Exterior

Exterior Feature Wood,Wood Products

Amenities Available Cable TV,Deck

View Y/N Yes

View Territorial

Roof Type Composition

Building

Lot Description Dead End Street,Secluded

Sewer Sewer Connected

Water Public

New Construction No

Schools

Elementary Schools Buyer To Verify

Middle Schools Buyer To Verify

High Schools Buyer To Verify

School District Kelso

Others

Acceptable Financing Cash Out,Conventional

Listing Terms Cash Out,Conventional

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