264 N 2nd St - Multi-Family FOR SALE


Kalama, WA 98625
$599,900 USD
360-556-5101
264 N 2nd St, Kalama, WA for Sale
$599,900 USD
Multi-Family - FOR SALE
1/7
null | 6.72% Cap Rate

264 N 2nd St
Kalama, WA 98625


HIGHLIGHTS

  • Fourplex in Kalama, WA!
  • 6.7% CAP Rate

OVERVIEW

Rare multifamily opportunity located in Kalama with this well designed fourplex! Situated on a 10,498 SF lot just two blocks from downtown. Features Four 2 Bedroom/1 Bathroom Units, patios on bottom units, balconies on second floor units and an oversized parking lot in the back. Each unit is equipped with laundry hook-ups for added convenience, vaulted ceilings on upper floor units, large bedrooms, and oversized living rooms. Historically stable, long-term tenants in place, this property generates consistent income and presents strong upside potential through value-add improvements and rent adjustments to match current market rates. Currently offered at a 6.7% cap rate and served by Kalama utilities, this is a solid opportunity for investors looking to grow their portfolio or secure a dependable income-producing asset. Interior tours upon mutual acceptance. Call today for additional information.

FOR SALE DETAILS

PRICE

$599,900 USD

PRICE/SF

$182 USD /SF

# OF UNITS

4

PRICE/UNIT

$149,975

CAP RATE

6.72%

% LEASED

75%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1970

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

40126

ASK ABOUT THIS PROPERTY

Chris RoeweWoodford Commercial Real EstateMore Info
360-556-5101

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Chris RoeweWoodford Commercial Real EstateMore Info
360-556-5101

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.