1623 8TH AVE, Longview, WA 98632

$559,000
List Price
$559,000
Price Change
▼ $40,000 1590199418
Days on Market
81
MLS#
20574930
Property Type
Multifamily
Lot Size
5, 000 to 6, 999 SqFt
Region
Cowlitz County not in Woodland City Limits or Scho
Status
Pending

Property Description

Good clean 5 plex with solid rental history. Well maintained building and low maintenance. All units have 2 bedrooms and 1 bath units. Covered carport in back. Current rents are well below market value. Lots of room for increased income. Call today for more information

Additional Information

Tax Amount
$3,535
Year Built
1968
High School
Ra Long
Elementary School
Kessler
Middle School
Cascade
Subdivision
Broadway
Terms
Cash, Conventional
Fuel Description
Electricity
Heating Description
Baseboard
Hot Water Description
Electricity
Exterior Description
Wood Siding
Roof Type
Composition
Sewer Description
Public Sewer
Water Description
Public
Cumulative Days On Market
81
Sq Ft Approximate Building Total
3750
Capitalization Rate
4.77
Operating Expenses Actual
12896
Gross Income Actual
41484
Gross Rent Multiplier
13.48
Net Income Actual
28588
Occupancy Types
Month To Month
Covenants/Restrictions
No
Road Surface
Paved
Number Of Units Total
5
Unit Type One Baths Total
1
Unit Type One Beds Total
2
Unit Type One Rent
675
Unit Type One Sq Ft
750
Unit Type One Units Total
1
Unit Type Two Baths Total
1
Unit Type Two Beds Total
2
Unit Type Two Rent
650
Unit Type Two Sq Ft
750
Unit Type Two Units Total
2
Unit Type Three Baths Total
1
Unit Type Three Beds Total
2
Unit Type Three Rent
825
Unit Type Three Sq Ft
750
Unit Type Three Units Total
3
Unit Type Four Baths Total
1
Unit Type Four Beds Total
2
Unit Type Four Rent
650
Unit Type Four Sq Ft
750
Unit Type Four Units Total
4
Unit Type Five Baths Total
1
Unit Type Five Beds Total
2
Unit Type Five Rent
675
Unit Type Five Sq Ft
750
Unit Type Five Units Total
5

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of RE/MAX Premier Group.

The content relating to real estate for sale on this site comes in part from the IDX program of the RMLS of Portland, Oregon. Real Estate listings held by brokerage firms other than this firm are marked with the RMLS logo, and detailed information about these properties include the name of the listing's broker. Listing content is copyright © 2020 RMLS of Portland, Oregon. All information provided is deemed reliable but is not guaranteed and should be independently verified. This content last updated on . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.