1028 8th AVE Longview, WA98632

$469,900
5 total units
11 total bedrooms
5 total bathrooms
$34,200 annual income
Capitilization Rate: 3.78
4100 total sq. ft
5,000 to 6,999 SqFt
Elementary School: Kessler
Middle School: Monticello
High School: Mark Morris
Zoning: 215
1231 days on market

VestorFilter™

Price per unit$94K/unit
Price per ft²$114.61/ft²
Price per acre$4M/ac
Price per bedroom$42.7K/bed
Time on market1231 days

Property Description

Good clean 5 plex with solid rental history. Well maintained building and low maintenance. 4 units have 2 bedrooms, 1 bath! 5th unit is 3 bedrooms, 1 bath. Covered carport in the back for each unit W/storage area for each. Current rents are well below market value with plenty of room to increase income. Onsite coin-op laundry facilities.Call today for more information! Do not disturb the tenants!

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Financial Data

Date Sold2020-12-30
Sold Price$469,900
Original Price$499,500
Current Price$469,900
Property Taxes$3,331

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Home Facts

StatusSold
Year Built1974
Stories2
Exterior Features
MLS ID20012883

Unit Details

Unit 1
Unit 2
Unit 3
Unit 4
Unit 5