251 Cowlitz Street
Toledo, WA 98591
- – beds
- – baths
- 2,440 sqft
- 4,160 sqft lot
- $125 per sqft
- 1950 build
More homes
Ready to purchase your first multiplex investment or expand your portfolio? This building offers great potential. It includes 4 units: 3 residential (1 bed/1 bath each) and 1 commercial, all currently rented. Enjoy a good rental history with rents below market value, allowing room for increased profitability. Conveniently located within walking distance of restaurants, grocery stores, and downtown, plus just two blocks from the Cowlitz River. This fully occupied property ensures steady income from day one.
Last checked:
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Last updated Oct 10, 2024
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MLS# 2172819 —
The Building
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Year Built:1950
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New Construction:false
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Structure Type:Quadruplex
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Exterior Features:Cement/Concrete
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Roof:Torch Down
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Units In Building Total:4
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Foundation Details:Poured Concrete
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# of Units Total:4
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Stories Total:1
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Building Area Total:2440
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Building Area Units:Square Feet
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Calculated SqFt:2440
Interior
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Interior Features:Wall to Wall Carpet
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Flooring:Vinyl, Carpet
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Fireplace:false
Financial & Terms
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Possession:Closing
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Buyer Financing:Conventional
Location
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Latitude:46.439295
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Longitude:-122.847418
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Directions:I-5 Exit 63, follow WA-505 E towards Toledo (east) 3.9 mi, Turn right onto S 3rd St. The multiplex is on the corner of Cowlitz St and S 3rd St.
The Property
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Property Type:Residential Income
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Property Subtype:Multi-Family
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Property Condition:Average
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Parcel Number:007137000000
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Lot Size Units:Square Feet
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Lot Size Acres:0.0955
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Lot Size SqFt:4160
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Lot Size Source:Lewis County Pats
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Zoning Jurisdiction:City
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View:Territorial
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View:true
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Waterfront:false
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Irrigation Water Rights:false
Listing Agent
- Contact info:
- Agent phone:
- (360) 748-8619
- Office phone:
- (360) 748-8619
Taxes
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Tax Year:2023
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Tax Annual Amount:838
The Listing
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Special Listing Conditions:None
Heating & Cooling
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Cooling:false
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Heating:true
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Cooling:None
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Heating:Forced Air
Utilities
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Water Source:Public
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Sewer:Sewer Connected
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Water Sewer Garbage:6674
Schools
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Elementary School:Buyer To Verify
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Middle Or Junior School:Buyer To Verify
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High School:Toledo High
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High School District:Toledo
The Community
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Subdivision Name:Toledo
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Senior Community:false
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Association:false
Parking
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Open Parking:false
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Carport Spaces:1
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Carport:false
Listing courtesy of NWMLS / CENTURY 21 Lund, Realtors. Bought with Realty One Group Pacifica.
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
10/8/24
Oct 8, 2024
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Sold | NWMLS | $305,000 | -1.3% |
8/6/24
Aug 6, 2024
|
Pending | NWMLS | $309,000 | |
6/21/24
Jun 21, 2024
|
Relisted | NWMLS | $309,000 | -8.8% |