133 N Market Blvd

    Chehalis, WA 98532
    • $1,500,000
    • STATUS: Active
    • ON SITE: 94 days
    • ID#: 1399354
    UPDATED: 25 min ago
    $1,500,000
    • 0
      BEDS
    • 0.23
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 14,214
      SQFT
    • $106
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1920
    County:
    Area:

    School Ratings & Info

    School District:
    Listing Courtesy of Full Service Property Mgmt Llc.

    Description

    Albers Apts. is a 20-unit, vintage apartment building just 2 blocks from historic downtown Chehalis. Close to shopping and employment. Well-maintained building exudes the ambiance of an era gone by. Claw-foot bathtubs. High ceilings. Architectural detailing. Secure entry with wide, interior hallways. Very stable tenant mix. 2 sets of W/D in laundry room; 1 replaced 2018, the other ~ 2016. New boiler. Low maintenance and management costs -- easy to run!! Cash cow. Serious inquiries only.

    Monthly Payment Calculator



    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 Kimberly Gartland Group - Keller Williams Realty are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2019-04-21T10:13:40.87.

    www.kimberlygartlandgroup.com/homes/90957162

    133 N Market Blvd Chehalis, WA 98532

    • Price: $1,500,000
    • Status: Active
    • Updated: 25 min ago
    • ID#: 1399354
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.23
    Acres
    14,214
    SQFT
    $106
    $/SQFT
    1920
    Built
    Neighborhood:
    Chehalis
    County:
    Lewis
    Area:
    Chehalis
    School District:
    Chehalis
    Property Description
    Albers Apts. is a 20-unit, vintage apartment building just 2 blocks from historic downtown Chehalis. Close to shopping and employment. Well-maintained building exudes the ambiance of an era gone by. Claw-foot bathtubs. High ceilings. Architectural detailing. Secure entry with wide, interior hallways. Very stable tenant mix. 2 sets of W/D in laundry room; 1 replaced 2018, the other ~ 2016. New boiler. Low maintenance and management costs -- easy to run!! Cash cow. Serious inquiries only.
    Exterior Features

    Building Condition Average Carport Spaces 0 Exterior Brick Foundation Post & PillarPoured ConcreteSlab Garage Spaces 0 Lot Details AlleyCurbsPaved StreetSidewalk Roof Built-Up Stories In Building 3 Style 56 - 6-9 Units Total Parking Spaces 8 Uncovered Spaces 8 View Territorial

    Interior Features

    Floor Covering Laminate HardwoodVinylWall to Wall Carpet Heating And Cooling Wall Unit1 Bathrooms 1.00 Unit1 Bedrooms 1 Unit1 Dishwasher N Unit1 Fireplaces 0 Unit1 Range Oven Y Unit1 Refrigerator Y Unit1 Sq Ft 600 Unit1 Washer Dryer N Unit2 Bathrooms 1.00 Unit2 Bedrooms 1 Unit2 Dishwasher N Unit2 Fireplaces 0 Unit2 Range Oven Y Unit2 Refrigerator Y Unit2 Sq Ft 600 Unit2 Washer Dryer N Unit3 Bathrooms 1.00 Unit3 Bedrooms 0 Unit3 Fireplaces 0 Unit3 Range Oven Y Unit3 Refrigerator Y Unit3 Sq Ft 475 Unit4 Bathrooms 1.00 Unit4 Bedrooms 0 Unit4 Fireplaces 0 Unit4 Range Oven Y Unit4 Refrigerator Y Unit4 Sq Ft 475 Unit5 Bathrooms 1.00 Unit5 Bedrooms 0 Unit5 Fireplaces 0 Unit5 Range Oven Y Unit5 Refrigerator Y Unit5 Sq Ft 475 Unit6 Bathrooms 1.00 Unit6 Bedrooms 0 Unit6 Fireplaces 0 Unit6 Range Oven Y Unit6 Refrigerator Y Unit6 Sq Ft 475 Units Below Grade Y

    Property Features

    Amenities BasementCoin Op LaundryFire SprinklersStorage Bank Owned No Cap Rate 7.79 Electrical Expenses 1365 Energy Source ElectricNatural Gas EPSEnergy 0 Form17 Exempt General Zoning Classification Multi-Family Gross Adjusted Income 162816 Gross Rent Multiplier 9 Gross Scheduled Income 170197 Heating Expenses 2297 Hers Index 0 Home Owner Dues 0 Insurance Expenses 3834 Leased Items None Lot Number 202122 Net Operating Income 116888 New Construction YN No Other Expenses 22896 Possession Closing Power Company Lewis County Pud Right Of First Refusal No Septic Approved For Number Of Bedrooms 0 Sewer Sewer Connected Sewer Company City Of Chehalis Site Features Cable TVGas Available Tax Amount 6369 Tax Year 2018 Terms Cash OutConventional Third Party Approval Required None Total Expenses EXP 45928 Total Expenses TEX 45928 Total Monthly Income 13568 Unit1 Monthly Rent 655 Unit2 Monthly Rent 680 Unit3 Monthly Rent 675 Unit4 Monthly Rent 575 Unit5 Monthly Rent 640 Unit6 Monthly Rent 640 Vacancy Rate 4 Water Company City Of Chehalis Water Sewer Garbage 9167 Water Source Public Zoning Jurisdiction City

    Listing information © 2019 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 Kimberly Gartland Group - Keller Williams Realty 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 Kimberly Gartland Group - Keller Williams Realty are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2019-04-21T10:13:40.87.

     
    Kimberly Gartland Group - Keller Williams Realty
    5263 Olympic Drive NW, Suite B
    Gig Harbor WA, 98335
    Listing Courtesy of Full Service Property Mgmt Llc.