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$1,050,000 USD
257 20th Ave
Longview, Washington 98632
USA
Longview, Washington 98632
USA
427.34 m2 ::
4,600 sqft
12 bedrooms
4 full baths, 4 half baths
Residential For Sale, Multi-Family (2-4 Units)
Land size: 446 m2 ::
4,800 sqft
Sale price per sqm: 2,456.98
Tax: 6,731 USD
Remarks:
Incredible turnkey multifamily investment! Professionally managed, newly-built townhouse-style rental units are a passive investor’s dream. Built in 2023 these 4 units, all boasting 3 bedrooms and 1.5 bathrooms 2-story & under builder’s warranty in 2024. Fire sprinklers! Offers a remarkable 6.0% Cap Rate on Year 1 stabilized, 11.67 GRM. 100% occupancy w/ tenant wait list. Mostly market rate tenants but also Section 8 approved, for consistent income. Option for 1-3 more fourplex under devt, if larger portfolio is desired. Offering is for portfolio of 4 fourplexes but open to offers for individual 4plex(es). Addresses: 285 22nd Ave, 263 20th Ave, 259 20th Ave, 257 20th Ave. All separate parcels.
Features:
- Year Built: 2023
- Style: 2 stories
- Exterior Description: Wood Siding
- Property Features: Deck
- Floors: Wall to wall carpeting, Tile, Ceramic tile
- Heating System: Electric
- Lot Description: Sidewalks, Sprinkler System
- Roofing: Composition/shingle
Location:
257 20th Ave, Longview, Washington 98632, USA
Listed By CENTURY 21 Real Estate Center
The Residential For Sale, Multi-Family (2-4 Units) located at 257 20th Ave, Longview, Washington 98632, USA is currently for sale. 257 20th Ave, Longview, Washington 98632, USA is listed for $1,050,000 USD. This property has 12 bedrooms, 4 full baths, 4 half baths and 4,600 sqft. If the property located at 257 20th Ave, Longview, Washington 98632, USA isn't what you're looking for, search Washington Real Estate to see other Homes For Sale in Longview.