Listing provided courtesy of City Realty, Inc.NWMLSas Distributed by MLSGrid- MLS# NWM2299618
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Request Info7 Neilton LaneNeilton, WA 98552
Multi-Family · 3,472 Sq. ft. | 0.31 Acres$375,000
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7 Neilton Lane Overview
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Attention investors! 4 unit building in Neilton WA that has not had a vacancy in Years and has below market rent. Fantastic income potential and close to lake Quinault. 4th Unit has an unfinished 3rd bedroom/ 2nd bath addition, rent was planned on being set at 1200. each unit right now has 2 bedrooms one bath up with kitchen, dining & living downstairs. W/D hook ups in kitchen. additional huge shed/ shop in back for additional storage / rental income
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7 Neilton Lane Facts & Features
- Type Multi-Family
- Sq. ft. 3,472
- Price/Sq.ft. $108
- Lot 0.31 Acres
Details
General
Association/HOA
- Association Fee: $0.00
School Information
- School District: Quinault
- Elementary School: Lake Quinault Elem
- Middle Or Junior School: Lake Quinault High
- High School: Lake Quinault High
Income/Expenses
- Other Expense: 0
- Electric Expense: 0
- Fuel Expense: 0
- Gross Scheduled Income: 33600
- Insurance Expense: 1000
- Net Operating Income: 27035
- Total Expenses: 6565
- Total Monthly Income: 2775
- Water/Sewer/Garbage: 3600
Building Information
- New Construction: No
- Year Built: 1965
Location/Region
- Country: US
- County Or Parish: Grays Harbor
- MLS Area Major: 216 - Neilton
- Subdivision Name: Neilton
Tax Information
- Tax Annual Amount: $1,965.00
- Tax Year: 2024
General Information
- Listing Terms: Cash, Conventional
- Parcel Number: 220907230080
- Property Condition: Fair
- Property Sub Type: Multi Family
- Property Type: Residential Income
- Senior Community: No
- Special Listing Conditions: None
Interior
Beds/Baths
- Bedrooms Upper: 0
Building Interior
- Building Area Total: 3472
- Building Area Units: Square Feet
- Calculated Square Footage: 3472
- Square Footage Finished: 0
- Square Footage Unfinished: 0
General Information
- Cooling: No
- Fireplace: No
- Fireplaces Total: 0
- Flooring: Laminate, Carpet
- Foundation Details: Poured Concrete
- Heating: Yes
- Leasable Area: 3472
- Living Area: 0
- Main Level Bathrooms: 0
- Power Production Type: Electric
- Stories Total: 2
Exterior
Parking Information
- Open Parking Spaces: 13
- Open Parking: Yes
- Parking Total: 13
- Parking Uncovered Spaces: 13
Lot Information
- Irrigation Water Rights: No
- Lot Features: Alley, Corner Lot
- Lot Size Acres: 0.31
- Lot Size Square Feet: 13504
- Lot Size Units: Square Feet
- Elevation Units: Feet
- Water Source: Individual Well
Waterfront/View
- View: No
- Waterfront: No
Building Exterior/Construction
- Roof: Composition
- Structure Type: Quadruplex
General Information
- Carport Spaces: 0
- Carport: No
- Covered Spaces: 0
- Exterior Features: Cement Planked
- Number Of Units Total: 4
- Sewer: Septic Tank
Unit Information
Unit 3 Details
- Actual Rent: 675
Unit 4 Details
- Actual Rent: 700
Unit 1 Details
- Actual Rent: 700
Unit 2 Details
- Actual Rent: 700
7 Neilton Lane Neighborhood
Community
98552 (Neilton) Demographics
39
Median Age
6
Population Density (per sq. mile)
18%
College Educated
$48,947
Estimated Median Income
190
Estimated Total Home Owners
12
Estimated Total Renters
94% / 6%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Schools
School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.7 Neilton Lane Monthly Cost
7 Neilton Lane Market Data
Based on the last 30 days in this zip code
$460,666
Average List Price
$274
Average Price per Square Foot
0
Properties Sold
51
Average Days on Market
3
Properties for Sale
7 Neilton Lane History
| Date | Value | Agent |
|---|---|---|
| 1/21/2025Source: NWMLS | $375,000 -5.1% |
|
| 10/8/2024Source: NWMLS | October 08, 2024 |