572 Columbia Street, Cathlamet, WA 98612

$699,900
2,924
SqFt

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

Listing courtesy of RE/MAX Premier Group.

List Price
$699,900
Status
ACTIVE
MLS#
2340755
Price Change
▼ $15,000 1769143709
Days on Market
509
Style
52 - Duplex
Building Condition
Very Good
Finished SqFt
2,924
Area Total SqFt
2924
Annual Tax Ammount
1596
Lot Size (sq ft)
12,537
Sewer
Sewer Connected

Property Description

*UNIQUE OPPORTUNITY ALERT* This is a new construction Triplex built in 2024 situated on a rivers edge with amazing VIEWS! Watch the boats float by and the sunsets from every level. Every unit consists of high end finishes, quarts counters, and all appliances owned by seller. Top 2 units are 2 bed 2bath units and the bottom unit is a 1bd 1ba. This could be a great long term investment, you could live in one unit and collect rent on the other 2 units, or maybe you need to utilize all 3 units to yourself? Triplexs can sometimes be finaced as a single family residence. Talk to your local lender today!

Additional Information

List Date
2025-03-06 22:10:15
Community
Cathlamet
Net Operating Income
$37,189
Gross Adjusted Income
$52,800
Gross Scheduled Income
$52,800
Insurance Expenses
$2,615
Water/Sewer/Garbage Expenses
$7,200
Gross Rent Multiplier
13.25
Total Expenses
$15,611
Cap Rate
5.3
Total Number of Units
3
Unit Name
572
Potential Terms
Cash, Conventional
Year Built
2024
Roof
Composition
Other Expenses
4200
Energy Source
Electric
School District
Wahkiakum
Gross Scheduled Income
$52,800
Gross Adjusted Income
$52,800
Tax Year
2025
Insurance Expense
$2,615
W/S/G Expenses
$7,200
Total Expenses
$15,611
Net Operating Income
$37,189
Gross Rent Multiplier
13.25
Cap Rate
5.3
Based on information submitted to the MLS GRID as of . 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.
IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks