NOT LISTED FOR SALE
14 Beds
6 Baths
10,808 Sq Ft
0.4 Acres

Last Sold August 06, 2021

Last sale price $1,150,000 $106 Per Sq Ft

72 Days on Market

Highlights

  • 0.4 Acre Lot
  • Cul-De-Sac
  • Wood Siding
  • Deck
  • Ceramic Tile Flooring
  • 1-minute walk to Kellogg Park

About This Home

As of August 2021

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.

Last Agent to Sell the Property

Corey Crain

Keller Williams Realty Bothell License #26492 Listed on: 03/29/2021

Keller Williams Realty Bothell

Last Buyer's Agent

Corey Crain

Keller Williams Realty Bothell License #26492 Listed on: 03/29/2021

Keller Williams Realty Bothell

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1749877

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,628

Year Built

  • Built in 1975

Lot Details

  • 0.4 Acre Lot
  • Cul-De-Sac
  • Property is in good condition

Home Design

  • Flat Roof Shape
  • Poured Concrete
  • Wood Siding
  • Wood Composite

Interior Spaces

  • 10,808 Sq Ft Home
  • 2-Story Property

Flooring

  • Wall to Wall Carpet
  • Ceramic Tile
  • Vinyl

Parking

  • 24 Parking Spaces
  • Open Parking

Additional Features

  • Deck
  • Cable TV Available

Community Details

  • Olympic Subdivision

Listing and Financial Details

  • Assessor Parcel Number 06763169

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,628

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 56 - 10+ Units
  • Year Built: 1975
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 10808
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None
  • Cumulative Days on Market: 395

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Ceramic Tile, Vinyl, Carpet
  • Interior Amenities: Ceramic Tile, Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Coin Op Laundry

Exterior Features

  • Roof: Flat
  • Lot Features: Cul-De-Sac
  • View: No
  • Waterfront: No
  • Exterior Features: Wood, Wood Products
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: Multi Family

Garage/Parking

  • Carport Y N: No
  • Open Parking Spaces: 24
  • Open Parking: Yes
  • Total Parking Spaces: 24
  • ParkingUncoveredSpaces: 24

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: Cable Connected, Sewer Connected, Electric
  • PowerCompany: Cowlitz PUD
  • SewerCompany: City of Longview
  • WaterCompany: City of Longview
  • WaterSewerGarbage: 13431

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Longview
  • High School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify

Lot Info

  • Parcel Number: 06763169
  • Lot Size Acres: 0.4037
  • Lot Size Sq Ft: 17586
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck
  • MLSLotSizeSource: Realist
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 8
  • LeasedItems: Washer/Dryer
  • TotalMonthlyIncome: 10225

Multi Family

  • Gross Scheduled Income: 121500
  • Net Operating Income: 77947
  • Number Of Units Total: 12
  • Electric Expense: 1715
  • Insurance Expense: 4114
  • Leasable Area: 10808
  • EnergySource: Electric
  • UnitsInBuildingTotal: 12
  • UnitsBelowGrade: false
  • VacancyRate: 5

Tax Info

  • Year: 2021
  • Tax Annual Amount: 8628
  • AdditionalTaxIds: 06763169,067631701

MLS Schools

  • Elementary School: Buyer To Verify

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/06/2021 08/06/21 Sold $1,150,000 -23.1% $106 / Sq Ft
06/09/2021 06/09/21 Pending -- -- --
03/29/2021 03/29/21 For Sale $1,495,000 +251.8% $138 / Sq Ft
01/31/2012 01/31/12 Sold $425,000 +7.6% $39 / Sq Ft
01/20/2012 01/20/12 Pending -- -- --
01/12/2012 01/12/12 For Sale $395,000 -- $37 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1749877

Northwest Multiple Listing Service (NWMLS)