WA > Longview > Longview
Longview, WA 98632,1023 16th AVE
Longview, WA 98632,1023 16th AVE
Longview, WA 98632,1023 16th AVE
Longview, WA 98632,1023 16th AVE
Longview, WA 98632,1023 16th AVE
Longview, WA 98632,1023 16th AVE
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Nader Nessim

Nader Nessim

+1(206) 941-4918
Listed by Woodford Commercial RE
$ 725,000
Est. payment | /mo

10 Beds

5 Baths

4,000 SqFt

Save
$ 725,000
Est. payment | /mo
Save

10 Beds

5 Baths

4,000 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 4,000 sqft

Price per Sqft $181

Subdivision Longview

MLS Listing ID 2441946

Style 55 - 5-9 Units

Bedrooms 10

Year Built 1966

Annual Tax Amount $5,247

Lot Size 6,000 Sqft

Property Sub-Type Multi Family

Property Description

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.

Location

State WA

County Cowlitz

Area 404 - Westside

Interior

Flooring Laminate, Carpet

Fireplace false

Exterior

Exterior Feature Brick, Wood Products

View Y/N No

Roof Type Composition

Building

Lot Description Alley, Curbs, Paved, Sidewalk

Sewer Sewer Connected

Water Public

New Construction No

Schools

Elementary Schools Buyer To Verify

Middle Schools Buyer To Verify

High Schools Buyer To Verify

School District Longview

Others

Senior Community No

Acceptable Financing Cash Out, Conventional

Listing Terms Cash Out, Conventional

Northwest MLS (NWMLS)
"Three Trees" icon indicates a listing provided courtesy of NWMLS.

GET MORE INFORMATION

Nader Nessim
Nader Nessim

REALTOR® | Lic# 116020

+1(206) 941-4918

19515 North Creek Pkwy, Bothell, WA, 98011, USA

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1023 16th AVE