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706 Laurel St
Kelso, WA 98626
Multifamily Property For Sale
·
2 Units
INVESTMENT HIGHLIGHTS
- 100% Occupancy
- 5% CAP Rate
EXECUTIVE SUMMARY
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. Call today for more details.
PROPERTY FACTS
| Price Per Unit | $241,046 CAD | Lot Size | 0.11 AC |
| Sale Type | Investment | Building Size | 1,572 SF |
| Cap Rate | 5.16% | Average Occupancy | 100% |
| No. Units | 2 | No. Stories | 1 |
| Property Type | Multifamily | Year Built | 1947 |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Building Class | C |
| Price Per Unit | $241,046 CAD |
| Sale Type | Investment |
| Cap Rate | 5.16% |
| No. Units | 2 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.11 AC |
| Building Size | 1,572 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built | 1947 |
| Opportunity Zone |
Yes |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 3+1.5 | 1 | $1,791 CAD | 864 |
| 1+1 | 1 | $1,378 CAD | 708 |
PROPERTY TAXES
| Parcel Number | 2-3684 | Improvements Assessment | $329,377 CAD |
| Land Assessment | $44,958 CAD | Total Assessment | $374,334 CAD |
PROPERTY TAXES
Parcel Number
2-3684
Land Assessment
$44,958 CAD
Improvements Assessment
$329,377 CAD
Total Assessment
$374,334 CAD
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