Investor Alert! Incredible value-add opportunity in the heart of Raymond! This 10-unit multi-family complex (6× 2BR/1BA + 4× 1BR/1BA) offers nearly 7,920?sq?ft of rental space across two parcels totaling 0.27 acres, including a vacant lot with expansion potential. Currently 7 of 10 units are tenant-occupied, providing immediate income with room to increase cash flow through renovations and lease-up. Features include on-site laundry, solid rental history, and proximity to schools, parks, and town amenities. Seller is open to bundling with additional multi-family properties, making this a fantastic portfolio-building opportunity.
Active
Listed by:
Amanda Rainey,
Real Broker LLC
Price cut: $100K (7/3)
$599,999
400 9th Street, Raymond, WA 98577
--beds
--baths
8,016sqft
Est.:
Multi Family
Built in 1959
-- sqft lot
$582,900 Zestimate®
$75/sqft
$-- HOA
What's special
On-site laundry
- 61 days
- on Zillow |
- 50 |
- 0 |
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