Pending

$550,000

8 Beds 4 Baths 2,672 SQFT 0.35 Acres
Type: Pending

198 Cherry Lane
Morton, WA 98356

MLS#: 2554943
Presented by: The Real Estate Firm and NWMLS

Property Description

 

This 4 unit apartment building in Morton is at the end of a dead end street. It is connected to city water and sewer. Recent updates include new windows, siding, and exterior paint. Most of the interiors have been updated in the last 4 years with new flooring and fresh paint. This building is fully occupied. There is laundry on site shared by all 4 units, currently free...potential upside by putting in coin op.


 

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
FlooringCarpet
Heating Y/NYes
Power Production TypeElectric
Total Fireplaces0
Total Stories2

General

Building Area Units0 sqft
Cap Rate9.4
Carport Spaces0
Carport Y/NNo
CityMorton
CoolingNone
CountyLewis
DirectionsTake Hwy 508 East
Electric Expense735
Elementary SchoolMorton Elem
Fuel Expense0
Garage Spaces0
HOANo
HOA Fee$0
HeatingBaseboard
High SchoolMorton Jnr-Snr High
High School DistrictMorton
Insurance Expense1553
Leasable Area2,672 sqft
Listing TermsCash, Conventional, Owner Will Carry
Living Area0 sqft
Lot Size Square Feet15,246 sqft
Lot Size UnitsSquare Feet
MLS Area436 - Morton
Middle/Junior High SchoolMorton Jnr-Snr High
NWM_ShowMapLinkY
Net Operating Income47443
New ConstructionNo
Number Of Units Total4
PossessionClosing
Possible UseResidential
Property Style54 - 4-Plex
Property SubtypeMulti Family
Property TypeResidential Income
Public RemarksThis 4 unit apartment building in Morton is at the end of a dead end street. It is connected to city water and sewer. Recent updates include new windows, siding, and exterior paint. Most of the inte
RoofMetal
Senior Community Y/NNo
SewerSewer Connected
Special Listing ConditionsNone
Standard StatusPending
StatusPending
Structure TypeQuadruplex
Subdivision NameMorton
Tax Annual Amount$2,961
Tax Year2026
Units Below Gradefalse
Units In Building Total4
Water CompanyCity of Morton
Water Sewer Garbage3708
Year Built1973
Zoning DescriptionResidential

Exterior

Building Area Total2,672 sqft
Covered Spaces0
Exterior AmenitiesWood Products
Foundation DetailsSlab
Irrigation Water Rights Y/NNo
Lot Size Acres0.35
Parking Uncovered Total5
Total Parking5
Water SourcePublic
Waterfront Y/NNo

Additional Details

Price History

Schools 

Middle School Morton Jnr-Snr High
Elementary School Morton Elem

  

Similar Properties

$550,000

8 Beds 4 Baths 2,672 SQFT 0.35 Acres
Type: Pending

198 Cherry Lane
Morton, WA 98356

MLS#: 2554943