401 N Ash Street Centralia, WA $ 6,000,000
401 N Ash Street
$ 6,000,000
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401 N Ash Street

Centralia, WA, 98531
$ 6,000,000
Baths0.0 Sq 22,800

Monthly Estimate*

$ 41,912

Listed by Westlake Associates, Inc.
401 N Ash Street, Centralia, WA 98531 - Image 1
401 N Ash Street, Centralia, WA 98531 - Image 2
401 N Ash Street, Centralia, WA 98531 - Image 3
401 N Ash Street, Centralia, WA 98531 - Image 4
401 N Ash Street, Centralia, WA 98531 - Image 5
401 N Ash Street, Centralia, WA 98531 - Image 6
401 N Ash Street, Centralia, WA 98531 - Image 7
401 N Ash Street, Centralia, WA 98531 - Image 8
401 N Ash Street, Centralia, WA 98531 - Image 9
401 N Ash Street, Centralia, WA 98531 - Image 10
401 N Ash Street, Centralia, WA 98531 - Image 11
Studio

Multi-Family Home for sale in Centralia, WA

for $6,000,000. This 22,800 square foot home was built in 1994 on a lot size of 1.8.

Montclair is a 30-unit apartment community built in 1994. The property is situated on a 78,408 SF lot in a quiet area of Centralia, Washington. All 30 units are Two-Bedroom One-Bath apartment homes. The apartment homes face a nicely landscaped setting with plenty of space and quiet surroundings. Each unit has its own private deck/patio. The unit interiors have been recently renovated and feature brand new luxury vinyl plank flooring, vanities, stainless steel appliances, and washer and dryers. Some recent capital expenditures include fresh asphalt parking lot, renovated unit interiors, exterior paint job, brand new siding on all buildings, new signage, new fencing, new windows on select units, upgraded exterior lighting.

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Multi-Family Active

Price

$ 6,000,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 31,937

Style

10+ Units

Lot Size

1.8

Year Built

1994

Town/City

Centralia

County/Region

Lewis

MLS | Web ID

2220950

Features
General
Sewer Sewer Connected
Heating Baseboard
Cooling None
Possession Closing
Roof Composition
Exterior Features Wood
HOA 0
Year Built 1994
Property SubType Multi-Family
Tax Year 2023
County Lewis
Net Operating Income 361351
Insurance Expense 15689
New Construction N
Property Type Residential Income
HOA / Comm Assn N
Subdivision Name Edison
Possible Use Multi-Family
Special Listing Conditions None
Status Active
Directions On I-5 S take exit 82 for Harrison Ave. Turn left onto W 1st St. Turn right on J St. Continue onto N Ash St. Site is on the right.
City Centralia
Buyer Agent Compensation 2.0
View Y/N N
Senior Community Y/N N
High School District Centralia
Open Parking Spaces 66
Total Units 30
MLS Area 426 - Centralia
Lot Size Square Feet 78408
Waterfront Y/N N
Carport Spaces 0
Carport Y/N N
Street Name Ash
Listing Terms Assumable Cash Out Conventional
Tax Annual Amount 31937
Electric Expense 0
Fuel Expense 0
Public Remarks Montclair is a 30-unit apartment community built in 1994. The property is situated on a 78 408 SF lot in a quiet area of Centralia Washington. All 30 units are Two-Bedroom One-Bath apartment homes. T
Leasable Area 21660
Structure Type Multi Family
Building Area Units Square Feet
Standard Status Active
Units Below Grade false
Units In Building Total 30
Zoning Class Multi-Family
Water Sewer Garbage 51630
Property Style 56 - 10+ Units
Cap Rate 6.02
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Interior
Flooring Vinyl Plank
Total Stories 2
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Street Suffix Street
Living Area Units Square Feet
Power Production Type Electric
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Exterior
Lot Features Paved
Total Parking 66
Building Area Total 22800
Lot Size Acres 1.8
Lot Size Units Square Feet
Covered Spaces 0
Open Parking Y/N Y
Irrigation Water Rights Y/N N
Parking Uncovered Spaces 66
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Internal Only
OriginalMLSID NWM2220950
Street Number 1 401
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* Excluded Features
List By
River Voorhees

Listing Agent

Westlake Associates, Inc.

Broker

Affordability Calculator

$44,573
Per Month
94%
6%
0%
Monthly Principal & Interest
$41,912
Monthly Property Taxes
$2,661
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
257058 Elementary School
256826 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/9/2024$6,000,000 Listed Price

Map


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401 N Ash Street, Centralia, WA, 98531 is a Multi-Family Home for sale at $6,000,000 with 22,800 sqft and a lot size of 1.8. 401 N Ash Street is a studio with 0.0 baths and was built in 1994. The property's zip code is 98531 which is in Centralia, WA