277 22nd Avenue

Longview, WA 98632

$325,000
Last Sold Price
4
Beds
4
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Opportunity to invest! 4-plex located in the Highlands with 4 spacious garage/storage units. 1 bed 1 bath units. Rents under market. 100% occupied, tenants all longer term (3+ years). All tenants are on month to month. Roof was replaced in 2017. 2/4 garages currently being rented, 2 available for potential additional income.Opportunity to invest! 4-plex located in the Highlands with 4 spacious garage/storage units. 1 bed 1 bath units. Rents under market. 100% occupied, tenants all longer term (3+ years). All tenants are on month to month. Roof was replaced in 2017. 2/4 garages currently being rented, 2 available for potential additional income.
  1. Listed by Bailey Merkley • Rodman Realty, Inc

Property Details for 277 22nd Avenue

Community Name
Highlands
School District
Longview
Number of Assigned Spaces
4
Total Covered Parking
4
Entry Date
09-18-2021
Energy Source
Electric
Sewer
Sewer Connected

Location

Listing Courtesy of Rodman Realty, Inc

Sold By eXp Realty

Add your commute
LISTING UPDATED: 11/30/2021 09:17 AM

Property Details for 277 22nd Avenue

StatusSold
MLS #1842016
Days on Market18
Cumulative Days on Market12
Taxes$2,112 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1949
Lot Size0.22 AC / 9,601 SF
CountyCowlitz County

Location

Listing Courtesy of Rodman Realty, Inc

Sold By eXp Realty

Add your commute

Building Information for 277 22nd Avenue

Stories1Residences4Year Built1949Building Size-Lot Size0.22 AC / 9,601 SF

Payment Calculator

$1,950 per month

30 year fixed, 7.25% Interest

Principal and Interest

$1,774

Property Taxes

$176

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 277 22nd Avenue

Summary
Location and General Information
  • Style: 54 - 4-Plex
  • Area: 402 - Highlands
  • Directions: Heading NE on Oregon Way, take a right onto Beech St. Left onto 22nd, property is on the right.
  • Leased Items: None
  • Property Sub Type: MULT
  • View: No
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2021
Parking
  • Number of Carport Spaces: 0.0
  • Carport: No
  • Open Parking Spaces: 4.0
  • Open Parking: Yes
Interior and Exterior Features
Interior Features
  • Furnished: Unfurnished
  • Floor Covering: Vinyl, Carpet
  • Features: Wall to Wall Carpet
  • Amenities: Storage
  • Fireplace: No
  • Heating: Yes
  • FIRPTA: No
Exterior Features
  • Exterior: Wood Products
  • Roof: Composition
Property
Utilities
  • Electric On Property: No
  • Heating and Cooling: Wall
  • Water Source: Public
  • Water/Sewer/Garbage: 4522
  • Power Production Type: Electric
  • Utilities: Sewer Connected, Electricity Available
Property and Assessments
  • New Construction YN: No
  • First Right Of Refusal: false
  • Preliminary Title Ordered: Yes
  • Senior Community: No
  • Special Listing Conditions: None
  • Photos Count: 5
Lot Information
  • Lot Details: Alley, Curbs, Dead End Street, Paved, Sidewalk
  • Lot Size Source: Realist
  • Parcel Number Free Text: 0-4247
  • Calculated Square Footage: 0
  • Structure Type: Quadruplex
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 0.0
  • Building Area Units: Square Feet
  • Property Type: Residential Income
  • Elevation Units: Feet
  • Irrigation Water Rights: No
Multi Family
Building Details
  • Number of Uncovered Spaces: 4
  • Number of Stories in Building: 1
  • Vacancy Rate: 0
  • Number Of Units Total: 4
  • Units Below Grade: false
  • Units In Building Total: 4
Financing / Income and Expenses
  • Electric Expense: $315
  • Total Expenses: 14202
  • Gross Adjusted Income: 27780
  • Gross Rent Multiplier: 11
  • Gross Scheduled Income: $27,780
  • Insurance Expense: $2,633
  • Net Operating Income: $15,556
  • Other Expenses: $4,620
  • Total Monthly Income: 2315
  • Fuel Expense: $0
Unit 1
  • Name Unit 1: 277
  • Washer/Dryer Unit 1: false
  • Range/Oven Unit 1: true
  • Refrigerator Unit 1: true
  • Rent Unit 1: $575.00
  • Bedrooms Unit 1: 1
  • Fireplaces Unit 1: 0
  • Bathrooms Unit 1: 1
Unit 2
  • Name Unit 2: 279
  • Range/Oven Unit 2: true
  • Refrigerator Unit 2: true
  • Rent Unit 2: $575.00
  • Bedrooms Unit 2: 1
  • Bathrooms Unit 2: 1
Unit 3
  • Name Unit 3: 281
  • Washer/Dryer Unit 3: false
  • Range/Oven Unit 3: true
  • Refrigerator Unit 3: true
  • Rent Unit 3: $525.00
  • Bedrooms Unit 3: 1
  • Fireplaces Unit 3: 0
  • Bathrooms Unit 3: 1
Unit 4
  • Name Unit 4: 283
  • Range/Oven Unit 4: true
  • Refrigerator Unit 4: true
  • Rent Unit 4: $515.00
  • Bedrooms Unit 4: 1
  • Bathrooms Unit 4: 1
Rental
Rent Information
  • Occupant Type: Tenant
  • Leasable Area: 9601.0
  • Leasable Area Units: Square Feet

Property History for 277 22nd Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 277 22nd Avenue

Taxable ValueLand$41,110Additions$262,460Total$303,570
Tax Record2023$2,695 ($225 / month)
Home Facts
Lot Size9,600 SqFtStyleMulti-Family Res (5+ Units)Year Built1949CountyCOWLITZAPN04247

Schools near 277 22nd 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 - 9 to 12
Rating
School
Distance
Saint Helens Elementary School
PublicK to 5

Monticello Middle School
Public6 to 8

R A Long High School
Public9 to 12

Discovery High School
Public9 to 12

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.

Similar Homes

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Similar Sold Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Rodman Realty, Inc

Listing provided courtesy of NWMLS, RMLS or Yakima MLS. The information contained in this listing has not been verified by Compass or the MLS and should be verified by the buyer. The DOM value represents the number of days this listing has been Active on this website.