MLS #2418490 / Listing provided by NWMLS & Woodford CRE.
$699,900
101 Spencer Creek Road
Kalama,
WA
98625
Sq Ft
Per Sq Ft
Year Built
This fourplex, located in the beautiful hills of Kalama, is approx. 4,500 SF & sits on a large corner lot with approx. 23,522 SF. Features four 3 Bed/1 Bath units, patios on bottom units, decks for the upper units, & a four-car carport. Shared laundry room & hook-up in one of the units for added convenience. With stable, long-term tenants already in place, this property generates consistent income & presents strong upside potential through continued value-add improvements & rent adjustments to match current market rates. Currently offered at a 7% CAP Rate & served by Kalama water & septic, solid opportunity for investors looking to grow their portfolio or secure a dependable income-producing asset. Interior tours upon mutual acceptance.
Disclaimer: The information contained in this listing has not been verified by Hawkins-Poe Real Estate Services and should be verified by the buyer.
Bedrooms
- Upper Level Bedrooms: 0
- Possible Bedrooms: 0
Fireplaces
- Total Fireplaces: 0
Heating & Cooling
- Heating: Yes
- Cooling: No
Parking
- Parking Total: 6
- Uncovered Parking Spaces: 2
- Open Parking Spaces: 2
Structure
- Roof: Composition
- Exterior Features: Wood Products
- Foundation: Block
Lot Details
- Lot Features: Corner Lot, Paved
- Acres: 0.54
- Foundation: Block
Schools
- High School District: Kalama
- High School: Kalama Jnr Snr High
- Middle School: Kalama Jnr Snr High
- Elementary School: Kalama Elem
Lot Details
- Lot Features: Corner Lot, Paved
- Acres: 0.54
- Foundation: Block
Power
- Energy Source: Electric
- Power Company: Cowlitz PUD
Water, Sewer, and Garbage
- Sewer Company: septic
- Sewer: Septic Tank
- Water Company: City of Kalama
- Water, Sewer, and Garbage: 3501
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