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Carrolls,WA 98609
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,760 sqft
Price per Sqft $157
Subdivision Carrolls
MLS Listing ID 2381073
Style 54 - 4-Plex
Bedrooms 9
Year Built 1926
Annual Tax Amount $3,218
Lot Size 5,663 Sqft
Property Sub-Type Multi Family
Property Description
Discover a unique investment opportunity with this rural 4-plex located in the heart of Carrolls. This well-maintained property offers a diverse unit mix, including two 2-bedroom/1-bath units, one 3-bedroom/1-bath unit, and one spacious 2-bedroom/1.75-bath unit, all thoughtfully arranged across two levels. With long-term tenants in place, the property already provides stable income, and there's significant upside potential through value-add improvements and adjusting rents to current market rates. Currently offered at a 7.3% cap rate, the property is served by Carrolls water and septic systems. Whether you're looking to expand your portfolio or secure a steady income-producing asset, this 4-plex is a compelling opportunity.
Location
State WA
County Cowlitz
Area 419 - East County
Interior
Flooring Vinyl,Carpet
Exterior
Exterior Feature Wood,Wood Products
Amenities Available Deck,Fenced-Partially
View Y/N No
Roof Type Composition
Building
Lot Description Dead End Street,Paved
Sewer Septic Tank
Water Public
New Construction No
Schools
Elementary Schools Carrolls Elem
Middle Schools Buyer To Verify
High Schools Buyer To Verify
School District Kelso
Others
Acceptable Financing Cash Out,Conventional
Listing Terms Cash Out,Conventional