PROPERTIES FOR SALE

522 N Iron Street Centralia, WA 98531

NWMLS Courtesy of Kidder Mathews
522 N Iron Street
Centralia, WA 98531
$3,150,000
Multi-Family
0 Beds
0.00 Baths
0 SqFt
Active
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HILLVIEW TERRACE APTS. is a lucrative investment opportunity with a current cap rate of 6.53%. Featuring a mix of studios, 1-bed, and 2-bed units, this value-add property offers ample parking and full sprinkler coverage. Situated in a desirable location and walking distance to many shops, restaurants, and more, HILLVIEW TERRACE boasts the potential for increased revenue with just simple rent raises, and minor cosmetic improvements to an est. 8.52% cap rate. The well-maintained units and favorable unit mix is an excellent choice for investors seeking steady returns. Don't miss out on this chance to acquire a promising multi-family asset and capitalize on its current success while unlocking further value in this dynamic market

Property Features

Community: Centralia
10+ Units
View: City
View: Territorial
Cable TV
Fenced-Partially
Gas Available
Gated Entry
High Speed Internet
Sprinkler System
Exterior: Cement/Concrete
Exterior: Stucco
Roof: Composition
Year Built: 1926
2025 Taxes: $15960.00
Buyer Broker Compensation: 2%%
Listing #: 2396701

Lot Details

Lot Size: 0.68 acres
Corner Lot
Curbs
Paved
Sidewalk
No. of Units: 4

Interior

Cooling: None
Heating: Baseboard
Electric

Common Features

Basement
Coin Op Laundry
Elevator
Fire Sprinklers
Thermal Windows

Schools

District: Centralia
Call or Email:
Grace Wamwere

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Information is based on data available to the associate, including county records. The information has not been verified by the associate and all information presented should be verified by the buyer. Listings are provided by Northwest Multiple Listing Service as distributed by MLS GRID. The associate represented on this web site is not a multiple listing service but is a member of a local MLS.
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