👑 2.99% Sub-To in Centralia | 3BD Rebuilt 9 Years Ago 👑
Down Payment: $48,000
705 S Silver St, Centralia, WA 98531
Public Walkthrough on 10/23 at 11 AM
Here’s a sub-to in Centralia with a 2.99% rate locked in on the primary loan, the kind of financing nobody can get today, and a 3.9% combined rate overall. Low-rate debt like this is what long-term investors want: cheap money, steady principal paydown, and a property that builds wealth while it appreciates. It’s a hold for someone thinking five to ten years out, and the house makes that easy. It was rebuilt to like-new condition nine years ago and the kitchen flooring has been replaced, so you’re not taking on a major rehab or a list of big-ticket repairs. It’s lived in and will need a cleanout and some cosmetic touches, but the heavy lifting is already done. Close to downtown Centralia, schools, and George Washington Park, it’s the kind of property that holds value. Rates like this don’t come back, so if you’re building a long-term portfolio, this one deserves a look.
Mortgage 1 information:
Total mortgage balance: $259,787.69
Interest rate: 2.99%
Principal pay down: $507.59
Monthly payment: $1,382.39
Mortgage 2 information:
Mortgage Balance: $51,859.52
Interest Rate: 9.75%
Monthly payment: $585.92
Combined Interest Rate: 3.9%
3 beds | 1 bath | 1,154 sqft
Rebuilt to like-new condition 9 years ago
Replaced kitchen flooring
Attached garage with a wide concrete driveway
Storage shed
Fenced backyard
Close to downtown Centralia
Near schools and George Washington Park
Closing date: 10/30/2026 – Cash and hard money only, 10,000 EM deposit upon mutual acceptance. Buyer to pay closing costs.
Please contact us via DM or call if you have any other questions (503) 404-4532.
Cash or hard money only, price is net to seller, buyer pays all closing costs, property sold in as-is condition, buyer is responsible for their own due diligence and verifying all facts and figures in regards to purchasing the property. Wholesale King does not allow for buyers to reassign or sell to a third party prior to close. Opinion of value and breakdown spreadsheet is given as a courtesy only as seller makes no guarantees or warranties, express or implied, as to the value, condition, remodel cost, and/or any costs or fees associated with selling or investing in this property. Members of selling entity are real estate licensee’s in the State of Oregon and Washington. Real Estate Licensee and/or associated brokerage are not acting in any role as real estate broker or as a brokerage of this transaction. No brokers are receiving compensation as part of this Agreement and are not representing any party.
