257 20th Avenue
$1,050,000
12
6
4,600
4,600
$228
Listing provided courtesy of CENTURY 21 Real Estate Center
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...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.
- Listed by Jonathan Nicoli • CENTURY 21 Real Estate Center
Property Details for 257 20th Avenue
Community Name
Highlands
School DistrictLongview
Number of Assigned Spaces4
Total Covered Parking0
Entry Date10-15-2024
Energy SourceElectric
SewerAvailable, Sewer Connected
LISTING UPDATED: 11/13/2024 10:56 AM
Property Details for 257 20th Avenue
Status | Active |
---|---|
MLS # | 2301928 |
Days on Market | 71 |
Cumulative Days on Market | 71 |
Taxes | $198 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 2023 |
Lot Size | 0.11 AC / 4,800 SF |
County | Cowlitz County |
Building Information for 257 20th Avenue
Stories2Residences4Year Built2023Building Size-Lot Size0.11 AC / 4,800 SF
Property Information for 257 20th Avenue
Property History for 257 20th Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 257 20th Avenue
Taxable ValueLand$21,500Additions-Total$21,500
Tax Record2024$198 ($17 / month)
Home Facts
Beds0StyleMiscellaneous Vacant LandYear Built1900CountyCOWLITZAPN04205
Schools near 257 20th Avenue
This home is within Longview School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | K to 5 |
Rating | School | Distance |
---|---|---|
Kessler Elementary School PublicK to 5 | ||
Monticello Middle School Public6 to 8 | ||
R A Long High School Public9 to 12 | ||
Saint Helens Elementary School PublicK to 5 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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