6 TOTEM LN Longview, WA98632

$2,500,000
19 total units
16 total bedrooms
7 total bathrooms
$203,100 annual income
Capitilization Rate: 6.79
27341 total sq. ft
7 to 9.99 Acres
Elementary School: Robt Gray
Middle School: Mt Solo
High School: Mark Morris
Zoning: R1 & R3
1948 days on market

VestorFilter™

Price per unit$131.6K/unit
Price per ft²$91.44/ft²
Price per acre$357.1K/ac
Price per bedroom$156.3K/bed
Time on market1948 days

Property Description

Amazing Opportunity. Private 8.9 acre income property. Eighteen Houses including One Duplex on 4 tax parcels. Fully rented & occupied w/ many long term tenants grossing $16,925 in monthly rents. Tenants pay all utilities. Many of the homes have been updated w/ Vinyl windows & more. This unique property also features a build-able development opportunity w/ more than 2 acres of build-able open space. Plus three on-site storage buildings.

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Financial Data

Date Sold2020-03-12
Sold Price$2,500,000
Original Price$2,500,000
Current Price$2,500,000
Property Taxes$18,948

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Home Facts

StatusSold
Year Built1966
Stories1
Exterior Features
MLS ID18246721

Unit Details

Unit 1
Unit 2
Unit 3
Unit 4
Unit 5
Unit 6
Unit 7