706 Laurel Street, Kelso, WA 98626
- $349,900
- 1,572
- SqFt
Listing courtesy of Woodford Commercial RE.
- List Price
- $349,900
- Status
- ACTIVE
- MLS#
- 2376126
- Days on Market
- 440
- Style
- 52 - Duplex
- Finished SqFt
- 1,572
- Area Total SqFt
- 1572
- Annual Tax Ammount
- 3342
- Lot Size (sq ft)
- 4,800
- Sewer
- Sewer Connected
Property Description
Don't miss out on this charming corner duplex investment opportunity. This well-maintained property features two units: a spacious 3-bedroom, 1-bath unit with a large laundry room, attached one-car garage, and a generous fenced backyard with side yard. The second unit is a thoughtfully designed 1-bedroom, ¾-bath with private off-street parking. Together, the duplex offers 1,572 SF of living space plus nearly 300 SF of garage space, all situated on a 4,800 SF lot. Long-term tenants are already in place, ensuring immediate income, with the opportunity to boost returns by adjusting rents to market value. Whether you're a seasoned investor or just starting out, this turnkey property is a smart addition to any portfolio.
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Additional Information
- List Date
- 2025-05-14 19:13:12
- Community
- South Kelso
- Net Operating Income
- $18,049
- Gross Adjusted Income
- $26,772
- Gross Scheduled Income
- $27,600
- Total Monthly Income
- $2,300
- Insurance Expenses
- $1,277
- Water/Sewer/Garbage Expenses
- $2,724
- Gross Rent Multiplier
- 12.7
- Total Expenses
- $8,723
- Cap Rate
- 5.2
- Vacancy Rate
- 3
- Total Number of Units
- 2
- Unit Name
- 706
- Potential Terms
- Cash, Conventional
- Year Built
- 1947
- Roof
- Composition
- Other Expenses
- 1380
- Energy Source
- Electric
- School District
- Kelso
- Elementary School
- Buyer To Verify
- Middle School
- Buyer To Verify
- High School
- Buyer To Verify
- Total Monthly Income
- $2,300
- Gross Scheduled Income
- $27,600
- Vacancy Rate
- 3
- Gross Adjusted Income
- $26,772
- Tax Year
- 2025
- Insurance Expense
- $1,277
- W/S/G Expenses
- $2,724
- Total Expenses
- $8,723
- Net Operating Income
- $18,049
- Gross Rent Multiplier
- 12.7
- Cap Rate
- 5.2
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.