3903 E 18TH ST, Vancouver, WA 98661

$419,900
List Price
$419,900
Price Change
▲ $20,100 1660868859
Days on Market
57
MLS#
22037638
Property Type
Multifamily
Lot Size
0K to 2, 999 SqFt
Region
Vancouver: The Heights (NW)
Status
Active

Property Description

INVESTOR SPECIAL! Two Single level-2 Bedroom, 1 Bath Condos in Ravenwood Condominiums. Both units are 906sf each & are tenant occupied. 12 month cash flows are attached to the listing. HOA dues are $250 per month Each & cover the care of the Security Gate, WSG, & Common Area Yard care. Bedrooms are large as well as the living room. There are Fireplaces in the living rooms that have been capped & converted to Electric. Built in Microwaves, Dishwashers, Ranges and small back patio for BBQ

Additional Information

Tax Amount
$1,560
Year Built
1977
High School
Fort Vancouver
Elementary School
King
Middle School
Mcloughlin
Stories
1
Subdivision
Ravenwood
Terms
Cash, Other
Cooling Description
None
Fuel Description
Electricity
Heating Description
Baseboard
Hot Water Description
Electricity
Exterior Description
Wood Siding
Roof Type
Composition
Sewer Description
Public Sewer
Water Description
Public Water
Sq Ft Approximate Building Total
906
Capitalization Rate
4.37
Operating Expenses Actual
8123
Gross Income Actual
26483
Gross Rent Multiplier
15.86
Net Income Actual
18360
Occupancy Types
Leased, Month To Month
Covenants/Restrictions
Yes
Road Surface
Paved
Number Of Units Total
2
Unit Type One Baths Total
1
Unit Type One Beds Total
2
Unit Type One Rent
1265
Unit Type One Sq Ft
906
Unit Type One Units Total
1
Unit Type Two Baths Total
1
Unit Type Two Beds Total
2
Unit Type Two Rent
995
Unit Type Two Sq Ft
906
Unit Type Two Units Total
1

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
Years

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Calculator source: Real Geeks

Listing courtesy of The Management Group, Inc.

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