10819 Northeast 6th Street, Vancouver, WA 98664
$649,000
10819 Northeast 6th Street, Vancouver, WA 98664

Attention investors and renovators with experience! This is a rare opportunity to unleash your imagination and transform this significant fixer-upper fourplex into a magnificent investment property. This property has tremendous potential for those who aren't afraid to roll up their sleeves and undertake a renovation project. Each of the four units is 915 square feet in size, providing a solid base for reimagining these living spaces. With 2 bedrooms and 1 bathroom in each unit, there is ample space for prospective tenants to enjoy. Due to deferred maintenance, this property is in need of significant repairs. The structure requires repair, including a failed septic tank and a failed flat, rubber torch-down roof. However, do not let this deter you!


By investing your time and energy, you can revitalize this property and transform it into a highly desirable asset. For brokers and purchasers who have been thoroughly vetted, inspection reports are available to help you understand the scope of the required work. In addition, we have a large number of detailed photographs available for your review, giving you a clear comprehension of the property's condition prior to making an offer. Please note that showings will not be scheduled until an offer has been accepted. Please make your offers "Subject to Interior Inspection. " The financials reflect current income projections.

Property Type: Multi-Family

Lot Area: 0.33 acres

Building Size: 3,224 square feet

Zoning: R-18 Higher Density Residential (R-18)

$649,000
10819 Northeast 6th Street, Vancouver, WA 98664

Attention investors and renovators with experience! This is a rare opportunity to unleash your imagination and transform this significant fixer-upper fourplex into a magnificent investment property. This property has tremendous potential for those who aren't afraid to roll up their sleeves and undertake a renovation project. Each of the four units is 915 square feet in size, providing a solid base for reimagining these living spaces. With 2 bedrooms and 1 bathroom in each unit, there is ample space for prospective tenants to enjoy. Due to deferred maintenance, this property is in need of significant repairs. The structure requires repair, including a failed septic tank and a failed flat, rubber torch-down roof. However, do not let this deter you!


By investing your time and energy, you can revitalize this property and transform it into a highly desirable asset. For brokers and purchasers who have been thoroughly vetted, inspection reports are available to help you understand the scope of the required work. In addition, we have a large number of detailed photographs available for your review, giving you a clear comprehension of the property's condition prior to making an offer. Please note that showings will not be scheduled until an offer has been accepted. Please make your offers "Subject to Interior Inspection. " The financials reflect current income projections.

Property Type: Multi-Family

Lot Area: 0.33 acres

Building Size: 3,224 square feet

Zoning: R-18 Higher Density Residential (R-18)

PROPERTY DESCRIPTION


ADDRESS

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CITY, STATE, & ZIP

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UNITS

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YEAR BUILT

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BUILDING SF

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TYPE

Property Type: Multi-Family

CONSTRUCTION

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ZONING

Zoning: R-18 Higher Density Residential (R-18)

APN

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OFFERING SUMMARY


SALE PRICE

$649,000

PRICE PER UNIT

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PRICE PER SF

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CAP RATE

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MARKET CAP RATE

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GRM

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MARKET GRM

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