Fantastic investment opportunity just blocks from Lake Sacajawea! This well-maintained five-plex offers 4,000 SF of total living space on a 6,000 SF lot, featuring 5 spacious 2-bed/1-bath units. Each unit offers comfortable layouts, with select units featuring fireplaces & in-unit laundry hookups. Additional features include a 5-car carport, exterior storage, & coin-operated laundry machines that transfer with sale. Property generates solid income & offers strong upside potential through increased occupancy, value-add improvements, & rent adjustments to current market rates. Offered at a 5.7% CAP rate & connected to Longview utilities. Occupied interior tours available upon mutual acceptance.
Active
Listed by:
Chris Roewe,
Woodford Commercial RE
$725,000
1023 16th Avenue, Longview, WA 98632
10beds
5baths
4,000sqft
Est.:
Multi Family
Built in 1966
-- sqft lot
$-- Zestimate®
$181/sqft
$-- HOA
What's special
Exterior storageCoin-operated laundry machinesComfortable layoutsIn-unit laundry hookups
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