1700 NE 146TH ST, Vancouver, WA 98686

$1,000,000
List Price
$1,000,000
Days on Market
176
MLS#
18075393
Property Type
Multifamily
Lot Size
0K to 2, 999 SqFt
Region
Vancouver: N Salmon Creek
Status
Active

Property Description

3 detached units - individual tax parcels. Desirable Vancouver Schools (Skyview / Alki / Chinook). Completed in 2019 and all 3 are rented at $1975/mo. Homes include one-year warranty from time of completion. They include durable and high quality finishes that will attract great tenants and reduce long-term maintenance cost. Great location near shopping, restaurants, and transportation options. 5% cap rate.

Additional Information

Tax Amount
$10,080
Year Built
2019
High School
Skyview
Elementary School
Salmon Creek
Middle School
Alki
Stories
2
Subdivision
Hidden Vista
Terms
Cash, Conventional, FHA
Basement Foundation
Crawl Space
Fuel Description
Electricity
Heating Description
Forced Air
Hot Water Description
Electricity
Exterior Description
Lap Siding, Cement Siding
Roof Type
Composition
Sewer Description
Public Sewer
Water Description
Public
Sq Ft Approximate Building Total
5046
Capitalization Rate
5.01
Operating Expenses Actual
18883
Gross Income Actual
71100
Gross Rent Multiplier
14.06
Net Income Actual
50084
Utilities Included
None
Parking Description
Garage
Covenants/Restrictions
Yes
Number Of Units Total
3
Unit Type One Baths Total
3
Unit Type One Beds Total
3
Unit Type One Rent
1975
Unit Type One Sq Ft
1682
Unit Type One Units Total
3

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of The Hasson Company.

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