316 S Granite, Granite Falls, WA 98252
- $899,000
- 2,261
- SqFt
Listing courtesy of Realty One Group Orca.
- List Price
- $899,000
- Status
- ACTIVE
- MLS#
- 2559871
- Days on Market
- 154
- Style
- 54 - 4-Plex
- Finished SqFt
- 2,261
- Area Total SqFt
- 2261
- Annual Tax Ammount
- 5536
- Internet Provider
- Xfinity
- Lot Size (sq ft)
- 5,227
- Sewer
- Sewer Connected
Property Description
Part of core Downtown Granite Falls, zoned commercial, grandfathered multi-family. Fully stabilized rents withlong term tenants in place. Upside available with rental increases and utility billback. All units renovated in2022, complete re-roofed in 2022 with 30 year roof. Onsite coin-op laundry. All units 2 bed/1 bath. Generous city parking.
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Additional Information
- List Date
- 2026-02-22 15:52:15
- Community
- Granite Falls
- Net Operating Income
- $58,979
- Gross Adjusted Income
- $72,440
- Gross Scheduled Income
- $72,440
- Total Monthly Income
- $1,500
- Insurance Expenses
- $2,625
- Water/Sewer/Garbage Expenses
- $4,800
- Gross Rent Multiplier
- 12.41
- Total Expenses
- $13,461
- Cap Rate
- 6.5600000000000005
- Total Number of Units
- 1
- Unit Name
- 316
- Potential Terms
- Cash, Conventional
- Year Built
- 1934
- Roof
- Composition
- Site Features
- Cable TV, Fenced-Fully, Outbuildings, Patio
- Electric Expenses
- 500
- Energy Source
- Electric
- School District
- Granite Falls
- Elementary School
- Buyer To Verify
- Middle School
- Buyer To Verify
- High School
- Buyer To Verify
- Total Monthly Income
- $1,500
- Gross Scheduled Income
- $72,440
- Gross Adjusted Income
- $72,440
- Tax Year
- 2025
- Insurance Expense
- $2,625
- W/S/G Expenses
- $4,800
- Total Expenses
- $13,461
- Net Operating Income
- $58,979
- Gross Rent Multiplier
- 12.41
- Cap Rate
- 6.5600000000000005
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.