1. Washington
  2. Centralia
  3. 522 N Iron Street
$3,150,000

522 N Iron Street, Centralia, WA 98531

  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1926
  • Property Lot Size Icon0.68acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 28 days ago

Property Description

This listing courtesy of Brian Richardson, Kidder Mathews

HILLVIEW TERRACE APTS. is a lucrative investment opportunity with a current cap rate of 6.53%. Featuring a mix of studios, 1-bed, and 2-bed units, this value-add property offers ample parking and full sprinkler coverage. Situated in a desirable location and walking distance to many shops, restaurants, and more, HILLVIEW TERRACE boasts the potential for increased revenue with just simple rent raises, and minor cosmetic improvements to an est. 8.52% cap rate. The well-maintained units and favorable unit mix is an excellent choice for investors seeking steady returns. Don't miss out on this chance to acquire a promising multi-family asset and capitalize on its current success while unlocking further value in this dynamic market

Listing Status:
Active
Listing Office:
Kidder Mathews : 360-705-2800
Listing Agent:
Brian Richardson : 360-705-2800
MLS ID:
2396701
  • General: Laminate
  • Flooring: LaminateCarpet
  • A/C: None
  • Heating: Baseboard
  • Fireplace: Fireplaces: 0
  • Eco/Green Feature: Thermal Windows

This listing courtesy of Brian Richardson, Kidder Mathews

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

E

Edison Elementary School

607 H St, Centralia, WA, 98531

Grades PK-3

0.21 miles away

C

Centralia Middle School

901 Johnson Rd, Centralia, WA, 98531

Grades 7-8

1.34 miles away

F

Futurus High School

906 Johnson Rd, Centralia, WA, 98531

Grades 9-12

1.23 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.