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2820 E 8TH St

Vancouver, WA 98661
  • $429,000
  • STATUS: Active
  • ON SITE: 18 Days
  • MLS #: 21513946
Price Reduced
UPDATED: 140 min ago
$429,000
  • 3
    BEDS
  • N/A
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 2,220
    SQFT
  • $193
    $/SQFT
Type:
Multi-Family
Built:
1918
County:

School Information

Elementary School:
Middle School:
High School:

Description

Extremely cozy property zoned duplex with two houses on it. Both fully rented with long term renters. One is 2 bed one bath with attached garage while the other is one bedroom with loft. Parking in rear with alley access. On street parking too. Excellent cash flow. Seller has updated main home. Well maintained. Buyer to make offer subject to interior inspection. Seller doing a 1031 exchange. Seller a licensed WA broker. Tenants pay utilities other water and sewer.Turn key with upside potential.

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Listing content is copyright © 2021 RMLS™, Portland, Oregon. The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Next Home Realty Connection are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Data last updated 2021-10-15T23:40:45.167.Data deemed reliable but not guaranteed. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed accurate by RMLS™ or Next Home Realty Connection and should be independently verified.
www.nexthomepdx.com/homes/121839789
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2820 E 8TH St Vancouver, WA 98661

  • Price: $429,000
  • Status: Active
  • Updated: 140 min ago
  • MLS #: 21513946
3
Beds
2
Baths
0
½ Baths
N/A
Acres
2,220
SQFT
$193
$/SQFT
1918
Built
Neighborhood:
013-Vancouver:The Heights(Sw)
County:
Clark
Area:
013-Vancouver:The Heights(Sw)
Elementary School:
Harney
Middle School:
Discovery
High School:
Hudsons Bay
Property Description
Extremely cozy property zoned duplex with two houses on it. Both fully rented with long term renters. One is 2 bed one bath with attached garage while the other is one bedroom with loft. Parking in rear with alley access. On street parking too. Excellent cash flow. Seller has updated main home. Well maintained. Buyer to make offer subject to interior inspection. Seller doing a 1031 exchange. Seller a licensed WA broker. Tenants pay utilities other water and sewer.Turn key with upside potential.
Exterior Features

Exterior Description Vinyl Siding Lot Description Level Lot Size 7000 To 9999 Sqft Parking Features PavedGarage Roof Type Composition View YN No Water Description Public

Interior Features

Basement Crawl Space Foundation Details Concrete Perimeter Heating Description Zoned Hot Water Description Electricity Unit Features RangeRefrigerator Unit Type1 Features RangeRefrigerator Unit Type1 Sq Ft 960 Unit Type2 Features Range Unit Type2 Sq Ft 1060

Property Features

Bank Owned YN No Capitalization Rate 5.16 Country Us Fuel Description Electricity Gross Income Actual 27600 Gross Income Projected 30300 Gross Rent Multiplier 15.54 Net Income Actual 22129 Operating Expenses Actual 9450 Property Condition Updated/Remodeled Rent Includes SewerWater Security Features Sidewalk Sewer Description Public Sewer Short Sale YN No Storage Garage(S) Tax Amount 3980.38 Third Party Approval YN No Unit Type1 Rent 995 Unit Type1 Units Total 1 Unit Type2 Rent 1305 Unit Type2 Units Total 1 Zoning Duplex

Listing provided courtesy of Prune Hill Realty.


Listing content is copyright © 2021 RMLS™, Portland, Oregon. The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Next Home Realty Connection are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Data last updated 2021-10-15T23:40:45.167.Data deemed reliable but not guaranteed. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed accurate by RMLS™ or Next Home Realty Connection and should be independently verified.
 
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