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1942 Dorothy Street

Longview, WA 98632
  • $1,495,000
  • STATUS: Pending
  • ON SITE: 77 days
  • ID#: 1749877
Under Contract
UPDATED: 53 min ago
$1,495,000
  • 0
    BEDS
  • 0.4
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1975
County:

School Information

Elementary School:
Middle School:
High School:
School District:
Listing Courtesy of Keller Williams Realty Bothell.

Description

Zero multifamily inventory! Great opportunity in a growing community of Longview. 12 units. (Two six unit buildings 1942 and 1950 Dorothy, two tax parcels) Eight 2-Bed 1 Bath units and Four 3-Bed 1 Bath units. Many updates including roof 3 years ago on both buildings, Fresh paint in 2020, vinyl windows, Units of been rehabbed and upgraded during turns. This is a turn key investment with low over head, fully managed, and plenty of room to increase revenue !Near city park. Off street paved parking. Coin-operated laundry for extra income.

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The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than NW Home Experts are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2021-06-16T15:14:44.243.

www.nwhomeexperts.com/homes/115591103
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1942 Dorothy Street Longview, WA 98632

  • Price: $1,495,000
  • Status: Pending
  • Updated: 53 min ago
  • ID#: 1749877
0
Beds
0
Baths
0
½ Baths
0.4
Acres
1975
Built
Neighborhood:
Olympic
County:
Cowlitz
Area:
West Kelso Olympic
Elementary School:
Buyer To Verify
Middle School:
Buyer To Verify
High School:
Buyer To Verify
School District:
Longview
Property Description
Zero multifamily inventory! Great opportunity in a growing community of Longview. 12 units. (Two six unit buildings 1942 and 1950 Dorothy, two tax parcels) Eight 2-Bed 1 Bath units and Four 3-Bed 1 Bath units. Many updates including roof 3 years ago on both buildings, Fresh paint in 2020, vinyl windows, Units of been rehabbed and upgraded during turns. This is a turn key investment with low over head, fully managed, and plenty of room to increase revenue !Near city park. Off street paved parking. Coin-operated laundry for extra income.
Exterior Features

Carport Spaces 0 Carport YN No Covered Spaces 0 Exterior Features WoodWood Products Lot Features Cul-De-Sac Open Parking Spaces 24 Open Parking YN Yes Parking Total 24 Parking Uncovered Spaces 24 Roof Flat Structure Type Multi Family Style Code 56 - 10+ Units View YN No Waterfront YN No

Interior Features

Fireplace YN No Flooring Ceramic TileVinylCarpet Foundation Details Poured Concrete Furnished Unfurnished Heating Cooling Type RadiantWall Heating YN Yes

Property Features

Electric Expense 1715 Electric On Property YN False Fuel Expense 0 Gross Scheduled Income 121500 Insurance Expense 4114 Irrigation Water Rights YN No Leased Items Washer/Dryer Listing Terms Cash OutConventional Net Operating Income 77947 New Construction YN No Possible Use Multi-Family Power Production Type Electric Property Condition Good Property Sub Type Multi-Family Sewer Sewer Connected Site Features Cable TvDeck Special Listing Conditions None Tax Annual Amount 8628 Tax Year 2021 Total Expenses 37478 Units In Building Total 12 Utilities Cable ConnectedSewer ConnectedElectricity Available Water Sewer Garbage 13431 Water Source Public Zoning Class Multi-Family Zoning Jurisdiction City

Listing information © 2021 Northwest Multiple Listing Service. Information is based on data available to the associate, including county records. The information contained in this listing has not been verified by NW Home Experts and should be verified by the buyer.


The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than NW Home Experts are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2021-06-16T15:14:44.243.

 
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NW Home Experts
2211 Elliott Avenue Suite 200
Seattle WA, 98121
Listing Courtesy of Keller Williams Realty Bothell.