Description
Cash-flowing 4-plex located less than a block from the light rail! Building is fully occupied by long-term tenants, has a walk score of 91, and pro-forma cap rate of 5% making it an excellent opportunity for investors. It is conveniently located near Columbia & Hillman City, freeway entrances, light rail & bus stations. This allows for the new owner to raise the rent to market value without additional upgrades. On-site coin operated laundry adds additional income of $1,200/year. New exterior paint and siding was completed in 2021. All appliances are included (stove, dishwasher, and refrigerator in every unit + 1 set of coin-op laundry machines). Property is fully fenced with 4 off-street parking spots located behind the building.
Location
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Listing Agent: Sandy B. Vuong Courtesy of: VIP International R/E Group The database information herein is provided from the Northwest Multiple Listing Service (NWMLS). NWMLS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. All properties are subject to prior sale or withdrawal. © 2022 NWMLS. Updated: 22nd March, 2023 12:44 PM (UTC)
