901 South Pacific Avenue
Kelso, WA 98626
$329,900
Price
4
Beds
3
Baths
—Sq. Ft.
— / Sq. Ft.
—
Sq. Ft.
—
per Sq. Ft.
Listing provided courtesy of Realty NW Properties
Description
Rare chance to own a triplex in Kelso at an excellent price! This property features easy single-level units with a newer roof (about 2 years old), fresh exterior paint, 10-year-old windows, and updated electrical and plumbing (new supply lines and some drain lines replaced with PVC). Two 1 bed/1 bath units rent for $550 each (well below market rates of ~$900). The 2 bed/1 bath unit is vacant and currently being remodeled by the owner; Remodel will be done prior to closing, with expected rent around...Rare chance to own a triplex in Kelso at an excellent price! This property features easy single-level units with a newer roof (about 2 years old), fresh exterior paint, 10-year-old windows, and updated electrical and plumbing (new supply lines and some drain lines replaced with PVC). Two 1 bed/1 bath units rent for $550 each (well below market rates of ~$900). The 2 bed/1 bath unit is vacant and currently being remodeled by the owner; Remodel will be done prior to closing, with expected rent around $1250 once re-rented by the next owner. Buyer to do their own rent projections. Tenants pay electricity (separately metered), and the owner pays water. Great opportunity to add value and build long-term wealth!
- Listed by Nathan Samander • Realty NW Properties
Property Details for 901 South Pacific Avenue
Community Name
Kelso
School DistrictKelso
Number of Assigned Spaces4
Total Covered Parking0
Entry Date10-04-2024
Energy SourceElectric
SewerSewer Connected
LISTING UPDATED: 10/30/2024 05:15 PM
Property Details for 901 South Pacific Avenue
| Status | Active |
|---|---|
| MLS # | 2298801 |
| Days on Market | 27 |
| Cumulative Days on Market | 21 |
| Taxes | $126 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Residential Income |
| Year Built | 1935 |
| Lot Size | 0.13 AC / 5,663 SF |
| County | Cowlitz County |
Building Information for 901 South Pacific Avenue
Stories1Residences3Year Built1935Building Size-Lot Size0.13 AC / 5,663 SF
Property Information for 901 South Pacific Avenue
Summary
Location and General Information
- Style: 53 - Tri-plex
- Area: 418 - South Kelso
- Effective Year Built Source: Public Records
- Directions: Exit 39 toward Allen St, L on Allen St, Slight R to stay on Allen St, Left on S Pacific Ave
- 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: 0.0
- Open Parking: No
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
- Cooling: No
- Cooling: None
- Fireplace: No
- Heating: Yes
- Heating: Baseboard
- FIRPTA: No
Exterior Features
- Exterior: Wood
- Roof: Composition
Property
Utilities
- Water Source: Public
- Water/Sewer/Garbage: 300
- Power Production Type: Electric
Property and Assessments
- New Construction YN: No
- Preliminary Title Ordered: Yes
- Senior Community: No
- Special Listing Conditions: None
- Year Built Effective: 1935
- Photos Count: 31
Lot Information
- Lot Size Source: Public Records
- Parcel Number Free Text: 20753
- Calculated Square Footage: 0
- Structure Type: Triplex
- Square Footage Finished: 0
- Square Footage Unfinished: 0
- Building Area Total: 0.0
- Building Area Units: Square Feet
- Property Type: Residential Income
- Elevation Units: Feet
- Irrigation Water Rights: No
Multi Family
Building Details
- Number of Uncovered Spaces: 0
- Number of Stories in Building: 1
- Vacancy Rate: 10
- Number Of Units Total: 3
- Units Below Grade: false
Financing / Income and Expenses
- Electric Expense: $0
- Total Expenses: 826
- Gross Adjusted Income: 4800
- Gross Rent Multiplier: 3.8
- Gross Scheduled Income: $13,200
- Insurance Expense: $400
- Net Operating Income: $4,320
- Other Expenses: $0
- Total Monthly Income: 1100
- Fuel Expense: $0
Unit 1
- Name Unit 1: 1
- Square Feet Unit 1: 520
- Rent Unit 1: $550.00
- Bedrooms Unit 1: 1
- Bathrooms Unit 1: 1
Unit 2
- Name Unit 2: 2
- Square Feet Unit 2: 520
- Rent Unit 2: $550.00
- Bedrooms Unit 2: 1
- Bathrooms Unit 2: 1
Unit 3
- Name Unit 3: 3
- Square Feet Unit 3: 700
- Bedrooms Unit 3: 2
- Bathrooms Unit 3: 1
Rental
Rent Information
- Occupant Type: Tenant
- Leasable Area: 1732.0
- Leasable Area Units: Square Feet
Property History for 901 South Pacific Avenue
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
|---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 901 South Pacific Avenue
Taxable ValueLand$28,780Additions$222,030Total$250,810
Tax Record2024$3,032 ($253 / month)
Home Facts
Baths3Total Finished SqFt1,732 SqFtAbove Ground SqFt1,732 SqFtStories1Lot Size5,663 SqFtStyleMulti-Family Dwelling (2-4)Year Built1935CountyCOWLITZAPN20753
Schools near 901 South Pacific Avenue
This home is within Kelso School District.
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | K to 5 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 | |||
| Public - | PK to 12 |
Rating | School | Distance |
|---|---|---|
Wallace Elementary School PublicK to 5 | ||
Coweeman Middle School Public6 to 8 | ||
Kelso High School Public9 to 12 | ||
Special Education PublicPK to 12 |
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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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 NW Properties
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.
