$3,150,000
522 N Iron Street, Centralia, WA 98531
23,641 Sq Ft
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522 N Iron Street, Centralia, WA 98531 522 N Iron Street, Centralia, WA 98531 522 N Iron Street, Centralia, WA 98531 522 N Iron Street, Centralia, WA 98531 522 N Iron Street, Centralia, WA 98531 522 N Iron Street, Centralia, WA 98531 522 N Iron Street, Centralia, WA 98531 522 N Iron Street, Centralia, WA 98531 522 N Iron Street, Centralia, WA 98531 522 N Iron Street, Centralia, WA 98531 522 N Iron Street, Centralia, WA 98531 522 N Iron Street, Centralia, WA 98531 522 N Iron Street, Centralia, WA 98531 522 N Iron Street, Centralia, WA 98531 522 N Iron Street, Centralia, WA 98531 522 N Iron Street, Centralia, WA 98531 522 N Iron Street, Centralia, WA 98531 522 N Iron Street, Centralia, WA 98531
522 N Iron Street, Centralia, WA 98531 522 N Iron Street, Centralia, WA 98531 522 N Iron Street, Centralia, WA 98531 522 N Iron Street, Centralia, WA 98531 522 N Iron Street, Centralia, WA 98531 522 N Iron Street, Centralia, WA 98531 522 N Iron Street, Centralia, WA 98531 522 N Iron Street, Centralia, WA 98531 522 N Iron Street, Centralia, WA 98531 522 N Iron Street, Centralia, WA 98531 522 N Iron Street, Centralia, WA 98531 522 N Iron Street, Centralia, WA 98531 522 N Iron Street, Centralia, WA 98531 522 N Iron Street, Centralia, WA 98531 522 N Iron Street, Centralia, WA 98531 522 N Iron Street, Centralia, WA 98531 522 N Iron Street, Centralia, WA 98531 522 N Iron Street, Centralia, WA 98531

MLS #2396701 / Listing provided by NWMLS & Kidder Mathews.

$3,150,000

522 N Iron Street
Centralia, WA 98531

Active 17 hours ago
23,641
Sq Ft
$133
Per Sq Ft
1926
Year Built

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

Disclaimer: The information contained in this listing has not been verified by Hawkins-Poe Real Estate Services and should be verified by the buyer.

Interior Features

Bedrooms

  • Upper Level Bedrooms: 0
  • Possible Bedrooms: 0

Fireplaces

  • Total Fireplaces: 0

Heating & Cooling

  • Heating: Yes
  • Cooling: No
Exterior Features

Parking

  • Parking Total: 37
  • Uncovered Parking Spaces: 37
  • Open Parking Spaces: 37

Structure

  • Roof: Composition
  • Exterior Features: Cement/Concrete, Stucco
  • Foundation: Poured Concrete

Lot Details

  • Lot Features: Corner Lot, Curbs, Paved, Sidewalk
  • Acres: 0.68
  • Foundation: Poured Concrete
Area Features

Schools

  • High School District: Centralia

Lot Details

  • Lot Features: Corner Lot, Curbs, Paved, Sidewalk
  • Acres: 0.68
  • Foundation: Poured Concrete
Utilities

Power

  • Energy Source: Electric

Water, Sewer, and Garbage

  • Sewer: Sewer Connected
  • Water Source: Public
  • Water, Sewer, and Garbage: 68091
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Andrea Currin

Andrea Currin
Broker | REALTOR®

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