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360-970-0644
NW Sound Realty powered by REMAX
116 126 S Chehalis Street, Montesano, WA 98563
- $650,000
Listing Broker: Mehome Seattle Realty, LLC; Lilly Xiao; ; Selling Office: Inspire Realty.
- Sold Price
- $650,000
- List Price
- $675,000
- Status
- SOLD
- MLS#
- 2382079
- Closing Date
- Mar 02, 2026
- Style
- 55 - 5-9 Units
- Annual Tax Ammount
- 5994
- Lot Size (sq ft)
- 19,602
- Sewer
- Sewer Connected
Property Description
8 units on this huge lot property, almost 20,000 sf lot, 4 separate buildings, one 4-plex, one duplex, and two single family residences on this much sought after location. Great investment with nice cap rate! Don't miss this rare opportunity! Wonderful potential to harvest even more income with this versatile portfolio! Buyers are to verify all information to their satisfaction.
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Additional Information
- Community
- Montesano
- Net Operating Income
- $54,936
- Gross Scheduled Income
- $89,400
- Total Monthly Income
- $7,450
- Insurance Expenses
- $5,483
- Water/Sewer/Garbage Expenses
- $17,704
- Gross Rent Multiplier
- 7.8
- Total Expenses
- $34,464
- Cap Rate
- 7.86
- Total Number of Units
- 8
- Unit Name
- 116 126
- Potential Terms
- Cash, Conventional
- Year Built
- 1950
- Roof
- Composition
- Electric Expenses
- 2293
- Other Expenses
- 2990
- Energy Source
- Electric
- School District
- Montesano
- Total Monthly Income
- $7,450
- Gross Scheduled Income
- $89,400
- Tax Year
- 2024
- Insurance Expense
- $5,483
- W/S/G Expenses
- $17,704
- Total Expenses
- $34,464
- Net Operating Income
- $54,936
- Gross Rent Multiplier
- 7.8
- Cap Rate
- 7.86
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.