MLS# 24201771 – 100 Corduroy Rd, Kelso, WA 98626 – John Wesley McPherson, Jr., The Portland Team

Listing courtesy of Found It LLC.

Property Description

Description

6 Units

Status: Active

Year Built: 1994

Days on Website: 62

Please do NOT disturb tenants, walk on property, or park in the lot without Realtor present. Calling all investors! Six updated studio units available now. New roofer, clean & updated interiors, and ready to go now! Two new units added in 2021. The Corduroy building sits on a nice corner lot in an easy to reach part of town. Filled with great paying tenants! W/S/G is included in rents. Tenants pay for their own seperate power, cable, and internet. New fire hydrant and vault at corner of lot and newly paved surround. Owner is licensed Oregon & WA agent.

Property Details and Features

Unit Five

Units Total:

1 total bathroom

Actual Rent:

$741

Area:

364

Features:

Range,Refrigerator,WasherDryer,WindowCoverings

Property Access

Road Surface Type:

Paved

Basement

Basement:

CrawlSpace

Building

Building Area Total:

2184

Built in 1994

Storage:

None

Stories:

Unit Type Type:

UnitTypeType1,UnitTypeType2,UnitTypeType3,UnitTypeType4,UnitTypeType5,UnitTypeType6

Cooling

Cooling:

None

Expenses

Operating Expense:

$12,470

Exterior Features

Exterior Description:

Other,T111Siding

Heating

Heating:

WallHeater

Income

CAP Rate:

5.55

Gross Income:

$52,152

Gross Rent Multiplier:

13.71

Gross Scheduled Income:

$53,160

Net Operating Income:

$39,682

Listing

Contract Status Change Date:

2024-02-29

Days On Market:

Last Transaction Date:

2024-03-28 16:44:47

List Price:

$715,000

Listing Contract Date:

2024-02-29

Listing Id:

24201771

Mls Status:

Active

Modification Timestamp:

2024-03-28 16:44:47

On Market Date:

2024-02-29

Previous List Price:

$71,500

Rent Includes:

MaintenanceGrounds,Sewer,TrashCollection,Water

Standard Status:

Active

Location

MLS Area Major:

_82

County Or Parish:

Cowlitz

Lot

Features:

CornerLot,Level

Size Range:

SqFt10000to14999

Size:

10,000 to 14,999 SqFt

Miscellaneous

Investor Information:

AccordingToOwner,Leases,MaintenanceRecordsAvailable,RentRecords

Parking

Features:

Assigned,OffStreet

12 total parking spots

Property

Number Of Units Total:

Property Condition:

Approximately

Zoning:

R03

Roof

Roof:

Composition

Schools

High School:

Kelso

Middle Or Junior School:

Coweeman

Elementary School:

Butler Acres

Security Features

Features:

FireSprinklerSystem

Sewer

Sewer:

PublicSewer

Taxes

Annual Amount:

$6,313

Legal Description

Tax Year:

2023

Unit One

Actual Rent:

$675

Area:

364

Features:

Range,Refrigerator,WindowCoverings

Units Total:

1 total bathroom

Unit Two

Actual Rent:

$715

Area:

364

Features:

Range,Refrigerator,WindowCoverings

Units Total:

1 total bathroom

Unit Three

Actual Rent:

$715

Area:

364

Features:

Range,Refrigerator,WindowCoverings

Units Total:

1 total bathroom

Unit Four

Actual Rent:

$715

Area:

364

Features:

Range,Refrigerator,WindowCoverings

Units Total:

1 total bathroom

Unit Six

Actual Rent:

$785

Area:

364

Features:

Range,Refrigerator,WasherDryer,WindowCoverings

Units Total:

1 total bathroom

Utilities

Fuel Description:

Electricity

Hot Water Description:

Electricity

Water Source:

PublicWater

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Contact an Agent

John Wesley McPherson, Jr., CFA

503406-1776 Email Me

Location

$715,000 -

100 Corduroy Rd Kelso , WA 98626

MLS Area Major: _82

Street View

Nearby Schools

Recent Sales in the Area

This content last updated on May 1, 2024 12:46PM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.