Longview, WA 98632,259 20TH AVE
See all 15 photos
Longview, WA 98632,259 20TH AVE
Longview, WA 98632,259 20TH AVE
Longview, WA 98632,259 20TH AVE
Longview, WA 98632,259 20TH AVE
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Mon
23
Dec
Tue
24
Dec
Wed
25
Dec
Listed by Keller Williams Realty • teamtreacy@gmail.com
$ 1,050,000
Est. payment /mo
Save
Active

259 20TH AVE Longview, WA 98632

4,600 SqFt


UPDATED:

12/23/2024 01:42 AM

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 4,600 sqft

Price per Sqft $228

MLS Listing ID 24255944

Year Built 2023

Annual Tax Amount $6,731

Tax Year 2023

Property Description

Incredible turnkey multifamily investment! Professionally managed, newly-built townhouse-style rental units are a passive investor's dream. Built in 2023 these 4 units, all boasting 3 bedrooms and 1.5 bathrooms 2-story & under builder's warranty in 2024. Fire sprinklers! Offers a remarkable 6.0% Cap Rate on Year 1 stabilized, 11.67 GRM. 100% occupancy w/ tenant wait list. Mostly market rate tenants but also Section 8 approved, for consistent income. Option for 1-3 more fourplex under devt, if larger portfolio is desired. Offering is for portfolio of 4 fourplexes but open to offers for individual 4plex(es). Addresses: 285 22nd Ave, 263 20th Ave, 259 20th Ave, 257 20th Ave. All separate parcels.

Location

State WA

County Cowlitz

Area _82

Zoning 4 plex

Interior

Heating Wall Heater

Cooling None

Exterior

Roof Type Composition

Garage No

Building

Story 2

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public Water

Level or Stories 2

Schools

Elementary Schools Kessler

Middle Schools Monticello

High Schools Ra Long

Others

Acceptable Financing Cash, Conventional, FHA

Listing Terms Cash, Conventional, FHA


Regional Multiple Listing Service (RMLS)

Luke Callahan

Agent

+1(541) 633-3422

GET MORE INFORMATION

Name
Phone*
Message

By registering you agree to our Terms of Service & Privacy Policy. Consent is not a condition of buying a property, goods, or services.

Go tour this home

259 20TH AVE