1003 North Tower Avenue

Centralia, WA 98531

$2,200,000
Price
5
Beds
6
Baths
9,777 Sq. Ft.
$225 / Sq. Ft.
9,777
Sq. Ft.
$225
per Sq. Ft.
a view of house with outdoor seating space
a view of a pathway of a building
a front view of a house with garage
a front view of a house
a backyard of a house with yard and outdoor seating
a front view of a house with a patio
front view of a house with a outdoor space
a view of a house with backyard sitting area
a view of a house with a balcony
an outdoor space with seating area and trees
a front view of a house with a yard
a balcony with table and chairs and a large tree
a view of a house with a small yard and wooden fence
a view of a white house
a view of a house with backyard
a view of a chair and table in backyard of the house
a view of front door
Listing provided courtesy of Realty One Group Bold

Description

Centralia rental portfolio that includes 6 buildings with 21 total apartments offered at a 7.77% cap rate. Many long-term tenants and easy to rent. Properties are all located within a block to .7 miles away from each other. Addresses include 1003 N Tower Ave, 923 N Tower Ave, 925 N Tower Ave, 904 N Pearl Ave, 108 N Gold, and 216 N Gold St. Rent roll available upon request. Do not disturb the tenants-no real estate signs.Centralia rental portfolio that includes 6 buildings with 21 total apartments offered at a 7.77% cap rate. Many long-term tenants and easy to rent. Properties are all located within a block to .7 miles away from each other. Addresses include 1003 N Tower Ave, 923 N Tower Ave, 925 N Tower Ave, 904 N Pearl Ave, 108 N Gold, and 216 N Gold St. Rent roll available upon request. Do not disturb the tenants-no real estate signs.
  1. Listed by Lyndsay Walker • Realty One Group Bold

Property Details for 1003 North Tower Avenue

Community Name
Centralia
School District
Centralia
Number of Assigned Spaces
16
Total Covered Parking
0
Entry Date
08-06-2024
Energy Source
Electric,Natural Gas
Sewer
Sewer Connected
LISTING UPDATED: 11/13/2024 12:19 PM

Property Details for 1003 North Tower Avenue

StatusActive
MLS #2274841
Days on Market119
Cumulative Days on Market119
Taxes$13,255 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1935
Lot Size0.62 AC / 27,007 SF
CountyLewis County

Building Information for 1003 North Tower Avenue

Stories2Residences6Year Built1935Building Size-Lot Size0.62 AC / 27,007 SF

Property Information for 1003 North Tower Avenue

Summary
Location and General Information
  • Style: 56 - 10+ Units
  • Area: 426 - Centralia
  • Elementary School: Buyer To Verify
  • Middle Or Junior School: Centralia Mid
  • High School: Centralia High
  • Effective Year Built Source: Public Records
  • Directions: I-5 to Harrison St exit, head east, Left on 1st St, Left on N Tower to property on the left.
  • Leased Items: None
  • Property Sub Type: MULT
  • View: No
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2024
Parking
  • Number of Carport Spaces: 0.0
  • Carport: No
  • Open Parking Spaces: 16.0
  • Open Parking: Yes
Interior and Exterior Features
Bathroom Information
  • Full Baths Upper: 0
  • Three Quarter Baths Upper: 0
  • Half Baths Upper: 0
  • Main Level Bathrooms: 0
Bedroom Information
  • Bedrooms Upper: 0
  • Bedrooms Possible: 0
Interior Features
  • Fireplaces Total: 0
  • Floor Covering: Vinyl Plank, Carpet
  • Features: Wall to Wall Carpet
  • Cooling: No
  • Cooling: None
  • Fireplace: No
  • Heating: Yes
  • Heating: Forced Air, Wall Unit(s)
  • FIRPTA: No
Exterior Features
  • Exterior: Wood, Wood Products
  • Roof: Composition, Torch Down
Property
Utilities
  • Water Source: Public
  • Water/Sewer/Garbage: 27533
  • Power Company: City of Centralia
  • Sewer Company: City of Centralia
  • Water Company: City of Centralia
  • Power Production Type: Electric, Natural Gas
Property and Assessments
  • New Construction YN: No
  • Zoning Jurisdiction: City
  • Foundation: Post & Pillar, Poured Concrete
  • Zoning Class: Multi-Family
  • First Right Of Refusal: false
  • Possible Use: Multi-Family
  • MLS Square Footage Source: Realist
  • Preliminary Title Ordered: Yes
  • Senior Community: No
  • Special Listing Conditions: None
  • Year Built Effective: 1970
  • Photos Count: 17
Lot Information
  • Lot Details: Sidewalk
  • Lot Size Source: Realist
  • Parcel Number Free Text: 001529000000
  • Building Condition: Good
  • Calculated Square Footage: 9777
  • Structure Type: Multi Family
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 9777.0
  • Building Area Units: Square Feet
  • Property Type: Residential Income
  • Elevation Units: Feet
  • Irrigation Water Rights: No
Multi Family
Building Details
  • Number of Uncovered Spaces: 16
  • Number of Stories in Building: 2
  • Vacancy Rate: 0
  • Number Of Units Total: 6
  • Units Below Grade: false
  • Units In Building Total: 18
Financing / Income and Expenses
  • Electric Expense: $0
  • Total Expenses: 48499
  • Gross Adjusted Income: 218640
  • Gross Rent Multiplier: 10.06
  • Gross Scheduled Income: $218,640
  • Insurance Expense: $7,711
  • Net Operating Income: $170,141
  • Other Expenses: $0
  • Total Monthly Income: 18535
  • Fuel Expense: $0
Unit 1
  • Name Unit 1: 101
  • Washer/Dryer Unit 1: false
  • Range/Oven Unit 1: true
  • Refrigerator Unit 1: true
  • Dishwasher Unit 1: false
  • Square Feet Unit 1: 725
  • Rent Unit 1: $925.00
  • Bedrooms Unit 1: 2
  • Fireplaces Unit 1: 0
  • Bathrooms Unit 1: 1
Unit 2
  • Name Unit 2: 102
  • Washer/Dryer Unit 2: false
  • Range/Oven Unit 2: true
  • Refrigerator Unit 2: true
  • Dishwasher Unit 2: false
  • Square Feet Unit 2: 650
  • Rent Unit 2: $750.00
  • Bedrooms Unit 2: 1
  • Fireplaces Unit 2: 0
  • Bathrooms Unit 2: 1
Unit 3
  • Name Unit 3: 103
  • Washer/Dryer Unit 3: false
  • Range/Oven Unit 3: true
  • Refrigerator Unit 3: true
  • Dishwasher Unit 3: false
  • Square Feet Unit 3: 400
  • Rent Unit 3: $700.00
  • Bedrooms Unit 3: 0
  • Fireplaces Unit 3: 0
  • Bathrooms Unit 3: 1
Unit 4
  • Name Unit 4: 201
  • Washer/Dryer Unit 4: false
  • Range/Oven Unit 4: true
  • Refrigerator Unit 4: true
  • Dishwasher Unit 4: false
  • Square Feet Unit 4: 650
  • Rent Unit 4: $825.00
  • Bedrooms Unit 4: 1
  • Fireplaces Unit 4: 0
  • Bathrooms Unit 4: 1
Unit 5
  • Name Unit 5: 202
  • Washer/Dryer Unit 5: false
  • Range/Oven Unit 5: true
  • Refrigerator Unit 5: true
  • Dishwasher Unit 5: false
  • Square Feet Unit 5: 375
  • Rent Unit 5: $620.00
  • Bedrooms Unit 5: 0
  • Fireplaces Unit 5: 0
  • Bathrooms Unit 5: 1
Unit 6
  • Name Unit 6: 203
  • Washer/Dryer Unit 6: false
  • Range/Oven Unit 6: true
  • Refrigerator Unit 6: true
  • Dishwasher Unit 6: false
  • Square Feet Unit 6: 650
  • Rent Unit 6: $800.00
  • Bedrooms Unit 6: 1
  • Fireplaces Unit 6: 0
  • Bathrooms Unit 6: 1
Rental
Rent Information
  • Occupant Type: Tenant
  • Leasable Area: 9777.0
  • Leasable Area Units: Square Feet

Property History for 1003 North Tower Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1003 North Tower Avenue

Taxable ValueLand$198,000Additions$437,000Total$635,000
Tax Record2024$4,154 ($346 / month)
Home Facts
Total Finished SqFt2,110 SqFtAbove Ground SqFt2,110 SqFtStories2Lot Size6,534 SqFtStyleMulti-Family Res (5+ Units)Year Built1935Year Renovated1970CountyLEWISAPN001529000000

Schools near 1003 North Tower Avenue

This home is within Centralia School District.
Rating
School
Type
Grades
Distance
Edison Elementary School
Public - K to 6
Centralia Middle School
Public - 7 to 8
Centralia High School
Public - 9 to 12
Oakview Elementary School
Public - K to 6
Rating
School
Distance
Edison Elementary School
PublicK to 6

Centralia Middle School
Public7 to 8

Centralia High School
Public9 to 12

Oakview Elementary School
PublicK to 6

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 1003 North Tower Avenue, Centralia, WA 98531

1003 North Tower Avenue is a multi-family home for sale in Centralia, WA 98531. This property was listed for sale on August 6, 2024 by Realty One Group Bold, it's currently listed at $2,200,000. It has been on the market for a total of 119 days and was last sold on December 23, 2015. This listing's school district is Centralia School District. Nearby schools include Edison Elementary School, Centralia Middle School and Centralia High School. 1003 North Tower Avenue is a 5-bed, 6-bath, 9,777 sqft multi-family home built in 1935.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Realty One Group Bold

Listing provided courtesy of NWMLS, RMLS or Yakima MLS. The information contained in this listing has not been verified by Compass or the MLS and should be verified by the buyer. The DOM value represents the number of days this listing has been Active on this website.