$739,000

11 Beds 5 Baths 0 SQFT 0.14 Acres

Type: Multi-Family

1521 9th Avenue
Longview, WA 98632

MLS#: 2533270

Presented by: Realty One Group Northstars and NWMLS

Property Description

Excellent Multi-Family investment opportunity! This fully updated 5-plex features four spacious 2-bedroom, 1- bathroom units, and one 3-bedroom, 1-bathroom unit. Every apartment has been completely remodeled from top to bottom, including upgraded light fixtures and with two units boasting premium quartz countertops. New Exterior paint makes this 5-plex pop! Designed with comfortable, functional layouts, the property includes covered parking, individual exterior storage units, and a communal laundry facility. With strong rental history and consistent revenue, this turnkey property is a solid addition to any portfolio. This property has favorable debt coverage with monthly gross rents of $6100 may be a great contender for DSCR.

Interior Features

Bedrooms

Bedrooms Upper0

Bathrooms

Baths Full Upper0

Baths Half Upper0

Baths Three Quarter Upper0

Other Interior Features

Air Conditioning Y/NNo

Fireplace Y/NNo

FlooringLaminate, Carpet

Heating Y/NYes

Power Production TypeElectric

Total Fireplaces0

Total Stories2

General

AmenitiesSee Remarks, Storage

Building Area Units0 sqft

Cap Rate7

Carport Spaces5

Carport Y/NNo

CityLongview

CoolingNone

CountyCowlitz

DirectionsFrom 7th Ave, Turn North on Maple, East on 9th Ave, property is on the left.

Electric Expense540

Elementary SchoolBuyer To Verify

Fuel Expense0

Garage Spaces0

HOANo

HOA Fee$0

HeatingRadiant, Wall Furnace

High SchoolBuyer To Verify

High School DistrictLongview

Insurance Expense4370

Leasable Area4,100 sqft

Listing TermsCash, Conventional

Living Area0 sqft

Lot Size Square Feet5,998 sqft

Lot Size UnitsSquare Feet

MLS Area404 - Westside

Middle/Junior High SchoolBuyer To Verify

NWM_ShowMapLinkY

Net Operating Income54792

New ConstructionNo

Number Of Units Total5

PossessionClosing

Property ConditionGood

Property Style55 - 5-9 Units

Property SubtypeMulti Family

Property TypeResidential Income

Public RemarksExcellent Multi-Family investment opportunity! This fully updated 5-plex features four spacious 2-bedroom, 1- bathroom units, and one 3-bedroom, 1-bathroom unit. Every apartment has been completely rem

RoofComposition

Senior Community Y/NNo

SewerSewer Connected

Special Listing ConditionsNone

Standard StatusActive

StatusActive

Structure TypeMulti Family

Subdivision NameLongview

Tax Annual Amount$5,350

Tax Year2026

Units Below Gradefalse

ViewCity

Water CompanyCity of Longview

Water Sewer Garbage6120

Year Built1979

Exterior

Building Area Total0 sqft

Covered Spaces5

Exterior AmenitiesBrick, Wood

Foundation DetailsPillar/Post/Pier

Irrigation Water Rights Y/NNo

Lot FeaturesCurbs, Paved, Sidewalk

Lot Size Acres0.1377

Parking Uncovered Total0

Total Parking5

Water SourcePublic

Waterfront Y/NNo

Additional Details

Price History

Schools

Elementary School Buyer To Verify Elementary School

High School Buyer To Verify High School

Middle School Buyer To Verify Middle School

Similar Properties

$739,000

11 Beds 5 Baths 0 SQFT 0.14 Acres

Type: Multi-Family

1521 9th Avenue
Longview, WA 98632

MLS#: 2533270

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Property

$739,000

1521 9th Avenue
Longview, WA 98632

Property Description

Interior Features

Bedrooms

Bathrooms

Other Interior Features

General

Exterior

Additional Details

Price History

Schools

Similar Properties

$739,000

1521 9th Avenue
Longview, WA 98632

Contact

About

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Property

$739,000

1521 9th AvenueLongview, WA 98632

Property Description

Interior Features

Bedrooms

Bathrooms

Other Interior Features

General

Exterior

Additional Details

Price History

Schools

Similar Properties

$739,000

1521 9th AvenueLongview, WA 98632

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1521 9th Avenue
Longview, WA 98632

1521 9th Avenue
Longview, WA 98632