251 Cowlitz Street , Toledo, WA 98591

WA, Toledo
$309,000
  • 2,440 Sqft
  • Residential Income Property Type
  • 1950 Year Built
  • Closed Status
Property Description

Ready to purchase your first multiplex investment or expand your portfolio? This building offers great potential. It includes 4 units: 3 residential (1 bed/1 bath each) and 1 commercial, all currently rented. Enjoy a good rental history with rents below market value, allowing room for increased profitability. Conveniently located within walking distance of restaurants, grocery stores, and downtown, plus just two blocks from the Cowlitz River. This fully occupied property ensures steady income from day one.

Source: NWMLS
Basic Details
  • Property Type: Residential Income
  • Listing Type: For Sale
  • Listing ID: 2172819
  • Price: $309,000
  • View: Territorial
  • Square Footage: 2,440 Sqft
  • Year Built: 1950
  • Lot Area: 0.10 Acre
  • Status: Closed
  • Office Name: CENTURY 21 Lund, Realtors
  • Agent Name: Kip Barker
  • Property Sub Type: Multi-Family
  • Roof: Torch Down
Features
  • Heating System Forced Air
  • Cooling System None
  • Carport Spaces: 1
  • Exterior Features Cement/Concrete
  • Flooring Carpet, Vinyl
  • Interior Features Wall to Wall Carpet
  • Sewer Sewer Connected
Address Map
  • Country US
  • State WA
  • County Lewis
  • City Toledo
  • Zipcode 98591
  • Street: Cowlitz
  • Street Number: 251
  • Street Suffix: Street
  • Longitude: W123° 9' 9.3''
  • Latitude: N46° 26' 21.5''
  • Directions: I-5 Exit 63, follow WA-505 E towards Toledo (east) 3.9 mi, Turn right onto S 3rd St. The multiplex is on the corner of Cowlitz St and S 3rd St.
  • Mls Area Major: 432 - Napavine
Neighborhood
  • Elementary School: Buyer To Verify
  • High School: Toledo High
  • High School District: Toledo
  • Middle School: Buyer To Verify
Additional Information
  • Water Source: Public
  • Stories Total: 1
  • On Market Date: 2023-10-18
  • Number Of Units Total: 4
  • Foundation Details: Poured Concrete
Financial
  • Tax Annual Amount: 838
Listing Information
  • List Agent Mls Id: 131480
  • List Office Mls Id: 9157
  • Listing Term: Cash Out,Conventional
  • Mls Status: Sold
  • Modification Timestamp: 2024-10-10T18:09:08Z
  • Originating System Name: NWMLS
  • Special Listing Conditions: None
  • Status Change Timestamp: 2024-10-10T18:06:37Z
Rene  Orona
Rene Orona SKYLINE PROPERTIES, INC.
  • +1-425-891-8162
  • rene@brokerofrealestate.com
  • 50 116TH AVE SE STE 120 Bellevue, WA 98004, United States
  • +1-425-732-9211

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