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6 TOTEM LN $2,500,000

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    6 TOTEM LN Longview, WA 98632

    • 0 Beds
    • 0 Baths
    • Multi-Family
    Listing# 18246721 | Active
    Days On Market: 189 2 Views
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    Property Details

    Amazing Opportunity. Private 8.9 acre income property. Eighteen Houses including One Duplex on 4 tax parcels. Fully rented & occupied w/ many long term tenants grossing $15,230 in monthly rents. Tenants pay all utilities. Many of the homes have been updated w/ Vinyl windows & more. This unique property also features a build-able development opportunity w/ more than 2 acres of build-able open space. Plus three on-site storage buildings.

    • General Features
      • Area Cowlitz County not in Woodland City Limits or Scho
      • Bank Owned Y/N No
      • Capitalization Rate 5.98
      • Cooling Description None
      • Country US
      • Fuel Description Electricity
      • Gross Income Actual 182760
      • Gross Rent Multiplier 13.68
      • Heating Description Baseboard
      • Hot Water Description Electricity
      • Net Income Actual 149412
      • Number Of Units Total 19
      • Occupancy Types Leased,Month to Month
      • Operating Expenses Actual 33348
      • Sewer Description Public Sewer
      • Short Sale Y/N No
      • Stories 1
      • Subdivision WEST LONGVIEW
      • Supplement Number 0
      • Tax Amount 18948.00
      • Terms Cash,Conventional
      • Third Party Approval Y/N No
      • Utilities Included None
      • View Y/N No
      • Water Description Public
      • Waterfront Description Other
      • WaterFrontYN Yes
      • Year Built 1966
      • Year Built Description Existing
      • Zoning R1 & R3
    • Building Features
      • Exterior Description Wood Composite,Wood Siding
      • Garage Or Parking Spaces 37
      • SqFt Approximate Building Total 27341
      • Storage None
      • Unit Type1 Baths Total 1
      • Unit Type1 Beds Total 3
      • Unit Type1 Features Range,Refrigerator
      • Unit Type1 Rent 8055
      • Unit Type1 SqFt 9504
      • Unit Type1 Units Total 9
      • Unit Type2 Baths Total 1
      • Unit Type2 Beds Total 2
      • Unit Type2 Features Range,Refrigerator
      • Unit Type2 Rent 1300
      • Unit Type2 SqFt 1300
      • Unit Type2 Units Total 2
      • Unit Type3 Baths Total 1
      • Unit Type3 Beds Total 4
      • Unit Type3 Features Range,Refrigerator
      • Unit Type3 Rent 645
      • Unit Type3 SqFt 2541
      • Unit Type3 Units Total 1
      • Unit Type4 Baths Total 1
      • Unit Type4 Beds Total 3
      • Unit Type4 Features Range,Refrigerator
      • Unit Type4 SqFt 3168
      • Unit Type4 Units Total 3
      • Unit Type4Rent 2550
      • Unit Type5 Baths Total 1
      • Unit Type5 BedsTotal 2
      • Unit Type5 Rent 2085
      • Unit Type5 SqFt 2880
      • Unit Type5 Units Total 3
      • Unit Type6 Baths Total 1
      • Unit Type6 Beds Total 2
      • Unit Type6 Rent 645
      • Unit Type6 SqFt 836
      • Unit Type6 Units Total 1
      • UnitFeatures Range,Refrigerator
      • UnitTypeType 1,2,3,4,5,6
    • Room Features
      • Basement Foundation Crawl Space
      • Legal Description SUB:CVG 3 BLK:32 LOT:15,19A LOT:19B,20 DESC: EXC LOT 15A EXC LOT
      • Limited Representation Y/N Full Service
    • Property Features
      • Lot Description On Busline,Level,Trees
      • Lot Size 7 to 9.99 Acres
      • Parking Description Attached,Paved
      • Property Category MultiFamily
      • Roof Type Composition
    • Schools
      • Elementary School Robt Gray
      • High School Mark Morris
      • Middle School Mt Solo

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    Neighborhood

    98632 (Longview) Demographics

    42Median Age
    375Population Density (per sq. mile)
    26%College Educated
    $41,824 Estimated Median Income
    11,532Estimated Total Home Owners
    8,053Estimated Total Renters
    59% / 41%Estimated Owner / Renter Divide
    3Estimated Average Household Size
    48,512Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days

    $281,000 Median Sales Price
    92 Homes Sold
    119 New On Market

    Average Days on Market

      Properties for Sale

        Property History

        Date Event Price Percent Change
        -- Current Price Source New Value: $2,500,000
        12/19/2018 1:12:00 AM New in Database Source

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