1409 1412, 1413, 1414 Nora Lane, Centralia, WA 98531

$3,159,000

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Listing courtesy of RE/MAX Premier Group.

List Price
$3,159,000
Status
ACTIVE
MLS#
2473499
Price Change
▼ $302,866 1782011073
Days on Market
182
Annual Tax Ammount
27518.17
Internet Provider
Comcast

Property Description

Stabilized 11 unit Class A townhome style multifamily portfolio consisting of three triplexes and one duplex, constructed in 2021 and offered together as a single asset. The property has a consistent operating history with strong rental demand, predictable cash flow, and is fully occupied with historically zero vacancy. Clean, verifiable financials.Units feature modern layouts and finishes including quartz countertops, stainless steel appliances, vinyl plank flooring, LED lighting throughout, ductless mini split heating and air conditioning, high speed internet, private garages, and private patios for each unit. Low near term capital requirements due to newer construction. 18 on site parking spaces and well maintained landscaping supported by an automated irrigation system.High quality, low maintenance multifamily portfolio with convenient I-5 corridor access, centrally located between Seattle and Portland, and close to schools, hospital, college, and everyday amenities. Detailed financials available upon execution of NDA

Additional Information

Community
Centralia
Building Condition
Very Good
Style
61 - Comm Bldg Ovr 10K
Year Built
2021
# of Assigned Spaces
29
Roof
Composition
Tax Year
2026
Potential Terms
Cash, Conventional
Flooring
Vinyl Plank, Carpet
Driving Directions
From I-5 in Centralia, take Exit 82, go west on Harrison Ave, turn left on Russell Rd, then turn onto Nora Ln. (GPS works)
Other Expenses
21627
Energy Source
Electric
Net Operating Income
$207,712
Gross Adjusted Income
$282,675
Gross Scheduled Income
$282,675
Water/Sewer/Garbage Expenses
$18,016
Total Expenses
$74,962
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.
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