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28325212
28325211

823 8th Ave, Longview, WA 98632 For Sale

DL
WA 96432
John L Scott Real Estate - Longview
Listed by John L Scott Real Estate - Longview
$469,900
244 days on market
Updated 19 days ago

823 8th Ave

Details
APN 0-8606
Property Type Multifamily
Sub Type Apartment Building
Square Footage 2,288
Units 2
Cap Rate 3.57%
NOI $16,778
Year Built 1978
Stories 2
Lot Size (SqFt) 4,800
Parking Spaces 4 spaces
Parking per 1,000 SqFt 1.75

Multifamily | 3.57% CAP | 2 Units

Marketing description

Investment opportunity! Each unit features 3 spacious bedrooms, 1 bathroom, fireplaces, washer and dryer hookups and a single car garageand parking pad with alley access. Great location downtown close to health care, shopping, restaurants, the fairgrounds and I-5. Long Term tenants in place. The property has potential to increase income if personally managed. Rents are below market. Tenants pay all utilities. Live in one unit and rent the other or add to your portfolio!


Listing Contacts

DL
WA 96432
John L Scott Real Estate - Longview
Listed by John L Scott Real Estate - Longview

Valuation Calculator

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$16,778.00
$1,398.17/mo

Valuation Metrics

0
DSCR
3.57%
Cap Rate
3.57%
ROI

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Additional Information

Name
Diane Lokan
License
96432
Brokerage Phone
3602708782
Brokerage Address
414 Pioneer Street
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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