1320 3rd Street, Cosmopolis, WA 98537

$639,900

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Listing courtesy of Hidden Coast Homes.

List Price
$639,900
Status
ACTIVE
MLS#
2545448
Price Change
▼ $10,000 1784607207
Days on Market
220
Style
55 - 5-9 Units
Annual Tax Ammount
5517
Lot Size (sq ft)
11,520
Sewer
Sewer Connected

Property Description

Investor opportunity! Fully rented 9-unit multifamily property featuring 5 one-bedroom units and 4 studio units, plus 4 garage spaces, storage units, and on-site coin-op laundry for additional income potential. Current occupancy provides immediate rental income, with room to increase cash flow through strategic updates and future rent growth. Financials available to well-qualified buyers. Showings to be scheduled after accepted offer only. Please do not disturb residents.

Additional Information

List Date
2025-12-18 23:13:12
Community
Cosmopolis
Net Operating Income
$67,707
Gross Adjusted Income
$95,837
Gross Scheduled Income
$108,708
Total Monthly Income
$9,059
Insurance Expenses
$3,150
Water/Sewer/Garbage Expenses
$15,610
Gross Rent Multiplier
5.9
Total Expenses
$28,130
Cap Rate
10
Vacancy Rate
10
Total Number of Units
9
Unit Name
1320
Potential Terms
Cash, Conventional
Year Built
1919
Roof
Composition, Flat
Electric Expenses
2105
Other Expenses
1748
Energy Source
Electric
School District
Cosmopolis
Elementary School
Buyer To Verify
Middle School
Buyer To Verify
High School
Buyer To Verify
Total Monthly Income
$9,059
Gross Scheduled Income
$108,708
Vacancy Rate
10
Gross Adjusted Income
$95,837
Tax Year
2025
Insurance Expense
$3,150
W/S/G Expenses
$15,610
Total Expenses
$28,130
Net Operating Income
$67,707
Gross Rent Multiplier
5.9
Cap Rate
10
Based on information submitted to the MLS GRID as of . 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.
IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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