Listing courtesy of Windermere Northwest Living 360-636-4663
364 Cemetery Road
Castle Rock, WA 98611
Square Ft.
3,026
$490,000
Fantastic investment opportunity! This recently built townhouse-style duplex offers two well-appointed units, each featuring 3 bedrooms, 2.5 baths, and 1,513 square feet. High ceilings and recessed lighting enhance the main living areas, while the kitchens showcase quartz countertops, shaker cabinetry, and stainless steel appliances. Each primary suite includes a walk-in… Read More closet, recessed lighting, and an adjoining full bathroom. Both units feature double-pane vinyl windows, forced-air heating with heat pumps, concrete patios, fully fenced yards, and an attached single-car garage. Conveniently located near I-5, schools, parks, and everyday amenities, this property combines modern finishes with practical features. Well and septic service help limit utility expenses, supporting the advertised 7.7% capitalization rate. Also, very strong tenant history! You may be able to build additional units on this parcel. Don’t miss the opportunity to add this duplex to your investment portfolio! Read Less
Listing Snapshot
Cumulative Days On Market
0
Last Updated
Property Type
Multi Family
Square Ft.
3,026
Lot Size
1.9 Acres
Year Built
2023
Property Tax
$5,298
MLS Number
2585386
Source: Home Junction
Additional Details
Building
Built in 2023, 2 stories, Construction Materials: Cement
Cooling
Forced Air, Heat Pump
Expenses
Insurance: $2,183
Exterior Features
Cement/Concrete
Floors
Vinyl Plank, Carpet
Foundation
Poured Concrete
Garage
2 spaces
Heating
Forced Air, Heat Pump
Home Owner's Association
Association Fee: $0
Income
Gross ScheduledIncome: $45,600, Net Operating Income: $37,663
Lot
1.9 acres, Dimensions: Irregular, Dead End Street, Paved
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