$800,000

6 Beds 4 Baths 3,014 SQFT 0.28 Acres
Type: Multi-Family

2916 Russell Road
Centralia, WA 98531

MLS#: 2554279
Presented by: On Point Real Estate and NWMLS

Property Description

 

Right in the very heart of Ford's Prairie !! Two 3 bedroom 2 bath units plus a craft room (or storage room) inside the fenced patio. No wonder the existing tenants have been there for years. This is a quiet residential neighborhood, but just minutes away from I-5, schools, the Port of Centralia, Borst Park, Safeway, restaurants etc. Everything your tenants need to stay put in these units. Pocket the 4.4% cap rate income and take advantage of real estate appreciation and income tax depreciation allowance. We don't want to unduly disturb the tenants, so viewing and inspections must be scheduled after mutual agreement on price and terms.


 

Interior Features

Bedrooms

Bedrooms Upper0

Bathrooms

Baths Full Upper0
Baths Half Upper0
Baths Three Quarter Upper0

Other Interior Features

Air Conditioning Y/NNo
Fireplace Y/NNo
FlooringVinyl, Carpet
Heating Y/NYes
Power Production TypeElectric
Total Fireplaces0
Total Stories1

General

AmenitiesThermal Windows
Building Area Units0 sqft
Cap Rate4.4
Carport Spaces0
Carport Y/NNo
CityCentralia
CoolingNone
CountyLewis
DirectionsFrom Harrison, west on Russell Road.
Electric Expense0
Elementary SchoolBuyer To Verify
Energy EfficientThermal Windows
Fuel Expense0
Garage Spaces4
HOANo
HOA Fee$0
HeatingForced Air
High SchoolCentralia High
High School DistrictCentralia
Insurance Expense3023
Leasable Area3,014 sqft
Listing TermsCash, Conventional
Living Area0 sqft
Lot Size Square Feet12,197 sqft
Lot Size UnitsSquare Feet
MLS Area426 - Centralia
Middle/Junior High SchoolCentralia Mid
NWM_ShowMapLinkY
Net Operating Income35468
New ConstructionNo
Number Of Units Total2
PossessionClosing, Subject To Tenant Rights
Possible UseResidential
Property ConditionGood
Property Style52 - Duplex
Property SubtypeMulti Family
Property TypeResidential Income
Public RemarksRight in the very heart of Ford's Prairie !! Two 3 bedroom 2 bath units plus a craft room (or storage room) inside the fenced patio. No wonder the existing tenants have been there for years. This
RoofComposition
Security FeaturesPartially Fenced
Senior Community Y/NNo
SewerSewer Connected
Special Listing ConditionsNone
Standard StatusActive
StatusActive
Structure TypeDuplex
Subdivision NameFords Prairie
Tax Annual Amount$5,129
Tax Year2026
Units Below Gradefalse
Units In Building Total2
Water CompanyCity
Water Sewer Garbage0
Year Built2004
Zoning DescriptionResidential

Exterior

Building Area Total3,014 sqft
Covered Spaces4
Exterior AmenitiesCement Planked, Wood Products
Foundation DetailsPoured Concrete
Irrigation Water Rights Y/NNo
Lot FeaturesPaved
Lot Size Acres0.28
Parking Uncovered Total4
Site FeaturesDeck, Fenced-Partially, Patio
Total Parking8
Waterfront Y/NNo

Additional Details

Price History

Schools 

Middle School Centralia Mid
High School Centralia High
Elementary School Buyer To Verify Elementary School

  

Similar Properties

$800,000

6 Beds 4 Baths 3,014 SQFT 0.28 Acres
Type: Multi-Family

2916 Russell Road
Centralia, WA 98531

MLS#: 2554279