157 17th

    Longview, WA 98632
    • $399,000
    • STATUS: Active
    • ON SITE: 31 days
    • ID#: 1506802
    UPDATED: 11 min ago
    $399,000
    • 0
      BEDS
    • 0.11
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 1,936
      SQFT
    • $206
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1926
    County:

    School Ratings & Info

    School District:
    Listing Courtesy of Re/Max Premier Group.

    Description

    This 5 unit multi-family is turn-key. Three of the units have been completely updated. Great rental history, instant money maker. Two units are studios and 3 are one bedroom. New roof and exterior paint in 2018. Currently operating at an 8% cap rate!!

    Monthly Payment Calculator



    The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Alchemy Real Estate are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2019-09-17T17:17:28.893.

    www.alchemyre.com/homes/98044458

    157 17th Longview, WA 98632

    • Price: $399,000
    • Status: Active
    • Updated: 11 min ago
    • ID#: 1506802
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.11
    Acres
    1,936
    SQFT
    $206
    $/SQFT
    1926
    Built
    Neighborhood:
    Highlands
    County:
    Cowlitz
    Area:
    West Kelso Highlands
    School District:
    Longview
    Property Description
    This 5 unit multi-family is turn-key. Three of the units have been completely updated. Great rental history, instant money maker. Two units are studios and 3 are one bedroom. New roof and exterior paint in 2018. Currently operating at an 8% cap rate!!
    Exterior Features

    Carport Spaces 0 Exterior StuccoWood Products Garage Spaces 0 Roof FlatTorch Down Stories In Building 1 Style 55 - 5-Plex Total Parking Spaces 8 Uncovered Spaces 8

    Interior Features

    Floor Covering VinylWall to Wall Carpet Heating And Cooling Baseboard Unit1 Bathrooms 1.00 Unit1 Bedrooms 1 Unit1 Dishwasher N Unit1 Fireplaces 0 Unit1 Range Oven Y Unit1 Refrigerator Y Unit1 Sq Ft 0 Unit1 Washer Dryer N Unit2 Bathrooms 1.00 Unit2 Bedrooms 0 Unit2 Dishwasher N Unit2 Fireplaces 0 Unit2 Range Oven Y Unit2 Refrigerator Y Unit2 Sq Ft 0 Unit2 Washer Dryer N Unit3 Bathrooms 1.00 Unit3 Bedrooms 0 Unit3 Dishwasher N Unit3 Fireplaces 0 Unit3 Range Oven Y Unit3 Refrigerator Y Unit3 Sq Ft 0 Unit3 Washer Dryer N Unit4 Bathrooms 1.00 Unit4 Bedrooms 1 Unit4 Dishwasher N Unit4 Fireplaces 0 Unit4 Range Oven Y Unit4 Refrigerator Y Unit4 Sq Ft 0 Unit4 Washer Dryer N Unit5 Bathrooms 1.00 Unit5 Bedrooms 1 Unit5 Dishwasher N Unit5 Fireplaces 0 Unit5 Range Oven Y Unit5 Refrigerator Y Unit5 Sq Ft 0 Unit5 Washer Dryer N Unit6 Bathrooms 0.00 Unit6 Bedrooms 0 Unit6 Dishwasher N Unit6 Fireplaces 0 Unit6 Range Oven N Unit6 Refrigerator N Unit6 Sq Ft 0 Unit6 Washer Dryer N Units Below Grade N

    Property Features

    Bank Owned No Cap Rate 8.00 Electrical Expenses 0 Energy Source Electric EPSEnergy 0 Form17 Provided Gross Adjusted Income 41280 Gross Rent Multiplier 9 Gross Scheduled Income 41280 Heating Expenses 0 Hers Index 0 Home Owner Dues 0 Insurance Expenses 975 Leased Items None Net Operating Income 32380 New Construction YN No Other Expenses 400 Possession Closing Power Company Pud Septic Approved For Number Of Bedrooms 0 Sewer Sewer Connected Sewer Company City Of Longview Tax Amount 1698 Tax Year 2019 Terms Cash OutConventional Third Party Approval Required None Total Expenses EXP 8900 Total Expenses TEX 8900 Total Monthly Income 3440 Unit1 Monthly Rent 750 Unit2 Monthly Rent 700 Unit3 Monthly Rent 675 Unit4 Monthly Rent 665 Unit5 Monthly Rent 650 Unit6 Monthly Rent 0 Vacancy Rate 3 Water Company City Of Longview Water Sewer Garbage 4200 Water Source Public

    Listing information © 2019 Northwest Multiple Listing Service. Information is based on data available to the associate, including county records. The information contained in this listing has not been verified by Alchemy Real Estate and should be verified by the buyer.


    The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Alchemy Real Estate are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2019-09-17T17:17:28.893.

     
    Alchemy Real Estate
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    Seattle WA, 98102
    Listing Courtesy of Re/Max Premier Group.