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401 N Tower

Centralia, WA 98531
  • $675,000
  • STATUS: Sold
  • ON SITE: 57 Days
  • ID#: 1979729
Sold - 09/23/2022
$675,000
SOLD - 09/23/2022
  • 0
    BEDS
  • 0.09
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 7,144
    SQFT
  • $94
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1912
County:
Area:

School Information

Elementary School:
Middle School:
High School:
School District:
Northwest MLS logoListing Courtesy of Century 21 Lund, Realtors: 360-748-8619.


Description

Built in 1912, this building has been a part of Centralia's rich history. Many updates have been done to this corner brick beauty. More could be done to renovate vacant voids in the building to create additional rentable space. Cap rate is based on current rentals, and, I am sure you never heard this before, but apartments are at least $400 each below market rents for the area.

Listing by Gary A. Fox. Sold by Century 21 Lund, Realtors.

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The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Source Real Estate are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2022-10-05T23:15:15.197. The "Days on Site" data field is calculated by BoomTown and is the number of days since the listing was originally received in our system. It is not the equivalent of "Days on Market".



Based on information submitted to the MLS GRID as of 2022-10-05T23:15:15.197. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
pnw.sourcerealestate.com/homes/131964122
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401 N Tower Centralia, WA 98531

  • Price: $749,000
  • Status: Sold
  • On Site: 57 Days
  • Updated: 28 min ago
  • ID#: 1979729
0
Beds
0
Baths
0
½ Baths
0.09
Acres
7,144
SQFT
$94
$/SQFT
1912
Built
Neighborhood:
Centralia
County:
Lewis
Area:
Centralia
Elementary School:
Buyer To Verify
Middle School:
Centralia Mid
High School:
Centralia High
School District:
Centralia
Property Description
Built in 1912, this building has been a part of Centralia's rich history. Many updates have been done to this corner brick beauty. More could be done to renovate vacant voids in the building to create additional rentable space. Cap rate is based on current rentals, and, I am sure you never heard this before, but apartments are at least $400 each below market rents for the area.
Exterior Features

Carport Spaces 0 Carport YN No Covered Spaces 0 Exterior Features BrickWood Open Parking Spaces 0 Open Parking YN No Parking Total 0 Parking Uncovered Spaces 0 Roof Flat Structure Type Multi Family Style Code 55 - 5-9 Units View City View YN Yes Waterfront YN No

Interior Features

Building Area Total 7144 Fireplace YN No Flooring SoftwoodLaminateLaminate Furnished Unfurnished Heating Cooling Type Radiant Heating YN Yes Interior Features Fir/SoftwoodLaminateLaminate Tile Living Area 0 Square Footage Finished 0 Square Footage Unfinished 0

Property Features

Buyer Financing Cash Cumulative Days On Market 9 Energy Source Electric FIRPTAYN No Foundation Details Poured Concrete Irrigation Water Rights YN No Listing Terms Cash OutConventional Net Operating Income 38000 New Construction YN No Possession ClosingNegotiable Possible Use CommercialMulti-Family Power Company City Of Centralia Power Production Type Electric Property Sub Type Multi-Family Senior Community YN No Sewer Sewer Connected Sewer Company City Of Centralia Special Listing Conditions None Tax Annual Amount 2600 Tax Year 2022 Utilities Sewer ConnectedElectricity Available Water Company City Of Centralia Water Source Public Year Built Effective 1935 Zoning Class CommercialMulti-Family

Listing information © 2022 Northwest Multiple Listing Service. Information is based on data available to the associate, including county records. The information contained in this listing has not been verified by Source Real Estate and should be verified by the buyer.


The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Source Real Estate are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2022-10-05T23:15:15.197. The "Days on Site" data field is calculated by BoomTown and is the number of days since the listing was originally received in our system. It is not the equivalent of "Days on Market".



Based on information submitted to the MLS GRID as of 2022-10-05T23:15:15.197. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
 
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Source Real Estate
15 E Central STE 200
Spokane WA, 99208
Northwest MLS logoListing Courtesy of Century 21 Lund, Realtors: 360-748-8619.