15912 SE 2ND ST, Vancouver, WA 98684

$1,500,000
List Price
$1,500,000
Price Change
▼ $50,000 1565223457
Days on Market
124
MLS#
19564651
Property Type
Multifamily
Lot Size
20, 000 SqFt to .99 Acres
Region
Vancouver: Evergreen
Status
Active

Property Description

Fully occupied 8 unit apartment complex. All units are 2 bed 1.1 bath townhomes. Many units have undergone significant renovation, including new kitchen cabinets, counters and flooring. Current rents are under market. Seller is licensed real estate broker in Washington. Email for full marketing package.

Additional Information

Tax Amount
$10,652
Year Built
1976
Stories
2
Terms
Call Listing Agent, Cash, Conventional
Basement Foundation
Crawl Space
Fuel Description
Electricity
Heating Description
Baseboard
Hot Water Description
Electricity
Exterior Description
Vinyl Siding
Roof Type
Composition
Sewer Description
Public Sewer
Water Description
Public
Sq Ft Approximate Building Total
8128
Capitalization Rate
4.58
Operating Expenses Actual
34764
Gross Income Actual
110340
Gross Rent Multiplier
13.59
Net Income Actual
70926
Occupancy Types
Leased, Month to Month
Utilities Included
Trash Collection, Sewer, Water
Parking Description
Open, Paved
Number Of Units Total
8
Unit Type One Baths Total
2
Unit Type One Beds Total
2
Unit Type One Rent
1200
Unit Type One Sq Ft
1016
Unit Type One Units Total
2
Unit Type Two Baths Total
2
Unit Type Two Beds Total
2
Unit Type Two Rent
1150
Unit Type Two Sq Ft
1016
Unit Type Two Units Total
2
Unit Type Three Baths Total
2
Unit Type Three Beds Total
2
Unit Type Three Rent
1125
Unit Type Three Sq Ft
1016
Unit Type Three Units Total
2
Unit Type Four Baths Total
2
Unit Type Four Beds Total
2
Unit Type Four Rent
1140
Unit Type Four Sq Ft
1016
Unit Type Four Units Total
1
Unit Type Five Baths Total
2
Unit Type Five Beds Total
2
Unit Type Five Rent
1100
Unit Type Five Sq Ft
1016
Unit Type Five Units Total
1

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
Years

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Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of GA Cooke Real Estate Services.

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