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572 Columbia St - 572 Columbia St 3 Unit Apartment Building Offered at $699,900 at a 5.31% Cap Rate Cathlamet, WA 98612
Executive Summary
*UNIQUE OPPORTUNITY ALERT* This is a new construction Triplex built in 2024 situated on a rivers edge with amazing VIEWS! Watch the boats float by and the sunsets from every level. Every unit consists of high end finishes, quarts counters, and all appliances owned by seller. Top 2 units are 2 bed 2bath units and the bottom unit is a 1bd 1ba. This could be a great long term investment, you could live in one unit and collect rent on the other 2 units, or maybe you need to utilize all 3 units to yourself? Triplexs can sometimes be finaced as a single family residence. Talk to your local lender today!
Financial Summary (Actual - 2025) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | $699,900 | No. Units | 3 |
| Price Per Unit | $233,300 | Property Type | Multifamily |
| Sale Type | Investment | Building Size | 2,924 SF |
| Cap Rate | 5.31% | No. Stories | 3 |
| Gross Rent Multiplier | 13.25 | Year Built | 2024 |
| Price | $699,900 |
| Price Per Unit | $233,300 |
| Sale Type | Investment |
| Cap Rate | 5.31% |
| Gross Rent Multiplier | 13.25 |
| No. Units | 3 |
| Property Type | Multifamily |
| Building Size | 2,924 SF |
| No. Stories | 3 |
| Year Built | 2024 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+2 | 1 | $1,600 | 1,200 |
| 2+2 | 2 | $1,600 | 1,200 |
| 1+1 | 3 | $1,200 | 700 |
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572 Columbia St - 572 Columbia St
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