264 N 2nd ST new to site Save Request In-Person Tour Request Virtual Tour
Kalama,WA 98625
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Subdivision Kalama
MLS Listing ID 2416672
Style 54 - 4-Plex
Bedrooms 8
Year Built 1970
Annual Tax Amount $4,492
Lot Size 10,498 Sqft
Property Sub-Type Multi Family
Property Description
Rare multifamily fourplex opportunity in Kalama! Sits on a 10,498 SF lot two blocks from downtown & features four 2 Bed/1 Bath units with parking in the back. Each unit is equipped with laundry hook-ups, vaulted ceilings & balconies on upper floor units, patios on bottom units, large bedrooms, & oversized living rooms. Historically stable, long-term tenants in place, this property generates consistent income & presents strong upside potential through value-add improvements & rent adjustments to match current market rates. Offered at a 6.7% cap rate & served by Kalama utilities, this is a solid opportunity for investors looking to grow their portfolio or secure a dependable income-producing asset. Interior tours upon mutual acceptance.
Location
State WA
County Cowlitz
Area 420 - South County/Woodland
Interior
Flooring Vinyl,Carpet
Exterior
Exterior Feature Wood Products
View Y/N No
Roof Type Composition
Building
Lot Description Curbs,Paved,Sidewalk
Sewer Sewer Connected
New Construction No
Schools
Elementary Schools Kalama Elem
Middle Schools Kalama Jnr Snr High
High Schools Kalama Jnr Snr High
School District Kalama
Others
Acceptable Financing Cash Out,Conventional
Listing Terms Cash Out,Conventional