5115 5117 187th Trail SW, Rochester, WA 98579

$1,000,000
3,288
SqFt

Listing courtesy of NextHome Northwest Group. Selling Office: Windermere Northwest Living.

Sold Price
$1,000,000
List Price
$1,100,000
Status
SOLD
MLS#
2199059
County
Thurston
Closing Date
Apr 05, 2024
Days on Market
7
Style
54 - 4-Plex
Building Condition
Good
Finished Sqft
3,288
Total Lot SqFt
46,534

Property Description

Incredible Investment Opportunity! Four Units, Two Duplexes with a country setting on just over an acre offering easy I-5 access @ the Grand Mound Interchange. Well cared for units, complete with vinyl windows, 2 bdrm, 1 bath units with individual garages with elect door openers. Low utility fees with private septic systems & Type B Water System. Each duplex has its own septic system. There is also a nice-sized outbuilding for all your on-site maintenance materials. Several of the 4 units have been updated with laminate floors and newer carpets in the bedrooms. Easy commute to Centralia/Chehalis and/or Tumwater/Olympia. Unit 5121 is vacant and available for viewing. Additional duplexes listed for sale under MLS #'s 2199048 and 2199051.

Additional Information

List Date
2024-03-29 00:00:00
Community
Rochester
Potential Terms
Cash Out, Conventional
Year Built
1978
View
Territorial
Roof
Composition
Site Features
Outbuildings, Patio
Sewer
Septic Tank
Water Source
Public, Shared Well
School District
Rochester
Elementary School
Buyer To Verify
Middle School
Buyer To Verify
High School
Buyer To Verify
Total Monthly Income
$6,850
Gross Scheduled Income
$82,200
Vacancy Rate
3
Gross Adjusted Income
$79,734
Tax Year
2023
Tax Annual Amount
$4,640
Insurance Expense
$1,633
W/S/G Expenses
$1,248
Total Expenses
$9,165
Net Operating Income
$70,569
Gross Rent Multiplier
13.38
Cap Rate
6.4
The database information herein is provided from and copyrighted by the Northwest Multiple Listing Service (NWMLS). NWMLS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright. Data last updated at .

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