3313 E 17TH ST, Vancouver, WA 98661

$1,050,000
List Price
$1,050,000
Days on Market
58
MLS#
22398410
Property Type
Multifamily
Lot Size
10, 000 to 14, 999 SqFt
Region
Vancouver: The Heights (NW)
Status
Active

Property Description

Renovated 4plex with 4 long term tenants on month to month leases. Rents are low for the area. Hire a manager or manage yourself. Current expenses accounts for taxes, garbage, and water. Raising rents to market rate and/or separately charging utilities should be a simple switch to lower operating expenses and increase return. Each unit is 2 bed, 1 bath.

Additional Information

Tax Amount
$4,989
Year Built
1966
High School
Fort Vancouver
Elementary School
King
Middle School
Mcloughlin
Stories
1
Terms
Call Listing Agent, Cash, Conventional, FHA, VA Loan
Fuel Description
Electricity
Heating Description
Baseboard
Sewer Description
Available
Water Description
Public Water
Sq Ft Approximate Building Total
3344
Capitalization Rate
4.29
Operating Expenses Actual
9047
Gross Income Actual
54060
Gross Rent Multiplier
19.42
Net Income Actual
45013
Occupancy Types
Leased
Number Of Units Total
4
Unit Type One Baths Total
1
Unit Type One Beds Total
2
Unit Type One Rent
1080
Unit Type One Sq Ft
836
Unit Type One Units Total
1
Unit Type Two Baths Total
1
Unit Type Two Beds Total
2
Unit Type Two Rent
1150
Unit Type Two Sq Ft
836
Unit Type Two Units Total
1
Unit Type Three Baths Total
1
Unit Type Three Beds Total
2
Unit Type Three Rent
1125
Unit Type Three Sq Ft
836
Unit Type Three Units Total
1
Unit Type Four Baths Total
1
Unit Type Four Beds Total
2
Unit Type Four Rent
1150
Unit Type Four Sq Ft
836
Unit Type Four Units Total
1

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 FBR Realty, Inc..

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