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947 19th Ave
Longview, WA 98632
Multifamily Property For Sale
·
1 Unit
INVESTMENT HIGHLIGHTS
- 7.1% CAP Rate
- Investor Opportunity!
EXECUTIVE SUMMARY
Investor opportunity! This income-producing 6-bedroom home, located just blocks from the lake, is a turnkey investment you don’t want to miss. Currently rented as an Oxford House at $2,850 per month, it provides consistent cash flow and benefits from strong rental demand in the area. With a 7.1% cap rate and long-term, stable tenants already in place, this property is an ideal addition to any portfolio. The spacious layout and prime location make it well-suited for group housing or long-term rental use. Alternatively, it could easily be converted back into a beautiful single-family home, offering great value based on its size and location. Don’t miss out on this versatile and reliable investment, call today for more information.
PROPERTY FACTS
| Price Per Unit | $550,982 CAD | Lot Size | 0.14 AC |
| Sale Type | Investment | Building Size | 1,713 SF |
| Cap Rate | 7.07% | Average Occupancy | 100% |
| No. Units | 1 | No. Stories | 1 |
| Property Type | Multifamily | Year Built | 1949 |
| Apartment Style | Single-Family Home | ||
| Zoning | RO1 | ||
| Price Per Unit | $550,982 CAD |
| Sale Type | Investment |
| Cap Rate | 7.07% |
| No. Units | 1 |
| Property Type | Multifamily |
| Apartment Style | Single-Family Home |
| Lot Size | 0.14 AC |
| Building Size | 1,713 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built | 1949 |
| Zoning | RO1 |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 6+1 | 1 | $3,927 CAD | 1,713 |
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