Nice rental at a small price

1001 Woodland Ave, Centralia, WA 98531

$80,000 After Repair Value -
$55,000 Asking Price -
$0 Cost of Repairs =
$25,000 Potential Profit

Property Details

Asking Price $55,000

After Repair Value $80,000

Costs of Repairs $0

Potential Profit $25,000

Living Area 612 ft2

Property Type Single Family House

Bedrooms 1

Bathrooms 1

Half Bathrooms 1

Parking 1

Listed with Agent No

EPI (Estimated Potential Income)

Potential Rental Income $59,500

Yearly Expenses N/A

Property Taxes $611

Net Operating Income $319

Cap Rate 6.97

Property Description

This is a cute, crisp and clean 1 bedroom 1 bath home. It is currently rented for $595.00 per month and professionally managed. The lot has plenty of room to do an addition to the home if you want to add more bedrooms. The typical 3 bedroom in the area rents for 900-1000 per month, so you could dramatically increase your rents with an addition.

PRICE REDUCED TO $55,000 Cash only, no contracts.

Call Kevin 360-269-7359

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