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Andy Holmstrom

andy.holmstrom@exprealty.com +1(360) 421-9542

Listed by:Olympic Sotheby's Int'l Realty • Katie Harris

$525,000

Est. payment - /mo

5 Beds

4 Baths

3,286 SqFt

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Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,286 sqft

Price per Sqft $159

Subdivision Fords Prairie

MLS Listing ID 2503163

Style 53 - Tri-plex

Bedrooms 5

Year Built 1967

Annual Tax Amount $6,152

Lot Size 0.440 Acres

Property Sub-Type Multi Family

Property Description

Great investment opportunity with strong upside potential! This well-maintained triplex sits on a spacious .44-acre lot in a desirable location, offering flexibility for both investors and owner-occupants. The property features three units including a 2 bed/1 bath with attached garage, a 2 bed/2 bath unit, and a newly constructed 1 bed/1 bath unit providing a versatile unit mix to maximize rental income. Currently rented below market value, this property presents immediate opportunity for increased cash flow. Owner currently pays water/sewer/garbage, electricity, and internet for Units A & C, offering additional upside through expense optimization. Situated on a large, level lot, there is plenty of room for tenant enjoyment, future improvements, or added value potential. Convenient location close to amenities, making it attractive to long-term tenants. Listed below tax assessed value, this is a rare chance to secure a multi-family property with built-in equity and strong income growth potential. Whether you're looking to expand your portfolio or step into multi-family investing, this property checks all the boxes

Location

State WA

County Lewis

Area 426 - Centralia

Interior

Flooring Laminate, Vinyl, Carpet

Fireplace false

Exterior

Exterior Feature Wood Products

Garage Spaces 2.0

Amenities Available Fenced-Partially, Gas Available, High Speed Internet, Patio, RV Parking

View Y/N Yes

View Territorial

Roof Type Composition

Building

Lot Description Paved

Sewer Sewer Connected

Water Public

New Construction No

Schools

Elementary Schools Buyer To Verify

Middle Schools Buyer To Verify

High Schools Buyer To Verify

School District Centralia

Others

Senior Community No

Acceptable Financing Cash, Conventional, FHA, VA Loan

Listing Terms Cash, Conventional, FHA, VA Loan

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Andy Holmstrom

+1(360) 421-9542

Agent | License ID: 80279

Agent License ID: 80279

3017 Galvin RD #A Centralia, WA 98531

Andy Holmstrom

Key Details

Location

Interior

Exterior

Building

Schools

Others

NEARBY SCHOOL & BUSINESS

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