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Listing Firm: RE/MAX Country: Cynthia Schmier

Bought With: Coldwell Banker Voetberg RE : Dale Perozzo

SOLD On August 31, 2021
NWMLS # 1768213

$515,000

  • Sold Price
  • - Beds
  • - Baths
  • 1872 Sq.ft.

111 W 3rd Street , Centralia, WA 98531

Listings with the three tree icon are courtesy of NWMLS

About This Property

Searching for a turnkey investment? Check out this recently updated rental complex located in the heart of Centralia minutes from I5 w/5 units & long-term tenants. Brand new roof, gutters & Hardie plank siding w/a fresh coat of paint. Tenants can relax on their balcony w/new railings or in the fully fenced courtyard. Units feature recently replaced windows & blinds, doors, laminate floors & new appliances. New Electrical wiring throughout, individually metered by unit, w/new switches, outlets, light sockets & wall heaters. New water heater in kitchen w/new cabinets. Complex hosts coin-operated Laundry generating $150/m. Over 6% Cap Rate & Yearly Gross of over 41k/y. Opportunities like this don't come around often, don't miss out to invest!

Buyer's Agent: Dale Perozzo • Coldwell Banker Voetberg RE

Listed by: Cynthia Schmier • RE/MAX Country

Aris360 Last Checked: 1 Minute Ago (Aug 03, 2025 12:39 PM)

  • Source: NWMLS as Distributed by MLS Grid #1768213

    Listing provided courtesy of Northwest Multiple Listing Service (NWMLS)

Location

  • Country: US
  • Neighborhood: 3rd
  • Zip/Postal Code: 98531
  • City: Centralia

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$3,847 per month
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Property Features

  • County
    • Centralia
  • Community
    • 426 - Centralia
  • MLS Area
    • 426 - Centralia
  • Longitude
    • -122.953109
  • Latitude
    • 46.725416
  • Project
    • Railroad
  • Directions
    • South bound on I5 us exit 82. L at stoplight onto Harrison Ave. L on W 1st St. L on N Tower Ave. 2nd L on W 3rd St. Property is on the R.

  • Interior
    • Wall to Wall Carpet
    • Laminate
  • Floors
    • Vinyl
    • Carpet
    • Laminate
  • Power Production Type
    • Electric
  • Furnished
    • Unfurnished

  • Stories
    • 2
  • Style
    • 55 - 5-9 Units
  • Parking Spaces
    • 4
  • Lot Description
    • Curbs,
    • Paved,
    • Sidewalk,
  • Foundation
    • Poured Concrete,
  • Elevation
    • Feet
  • Water Source
    • Public,
  • Exterior
    • Wood
    • Cement Planked
  • Site Description
    • Deck,Fenced-Partially,High Speed Internet
  • Roof
    • Composition,
  • Septic or Sewer
    • Sewer Connected,
  • Condition
    • Very Good,
  • Water
    • City of Centralia
  • Building Total Area (Sq. Ft.)
    • 8712
  • Has View
    • Yes
  • Utilities
    • Sewer Connected,
    • Electric,
    • High Speed Internet,
  • View Description
    • Territorial,

  • High School District
    • Centralia
  • Jr. High School
    • Centralia Mid
  • Elementary School
    • Edison Elem
  • High School
    • Centralia High

  • Possession
    • Negotiable,
    • Closing,
  • Property Type
    • Residential Income
  • Property SubType
    • Multi-Family
  • Tax Year
    • 2020
  • Structure Type
    • Multi Family,
  • Tax Amount
    • $1746
  • Year Built
    • 1935
  • Effective Year Built
    • 1984
  • Status
    • Sold
  • Project
    • Railroad

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Disclaimer: Based on information submitted to the MLS GRID as of Sun Aug 03 2025 . 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.

Aug 03, 2025 12:39 PM