Investor opportunity! This income-producing 6-bedroom home, located just blocks from the lake, is a turnkey investment you don’t want to miss. Currently rented as an Oxford House at $2,850 per month, it provides consistent cash flow and benefits from strong rental demand in the area. With a 7.1% cap rate and long-term, stable tenants already in place, this property is an ideal addition to any portfolio. The spacious layout and prime location make it well-suited for group housing or long-term rental use. Alternatively, it could easily be converted back into a beautiful single-family home, offering great value based on its size and location. Don’t miss out on this versatile and reliable investment, call today for more information.
Listing Provided Courtesy of Chris Roewe, Woodford Commercial RE
General Information
NWM2380924
Single Family Residence
6
DOM
6
5998.21 SqFt
2
1713
1949
Cowlitz
Buyer To Verify
Buyer To Verify
Buyer To Verify
Residential
Single Family Residence
Listing Provided Courtesy of Chris Roewe, Woodford Commercial RE
Krishna Realty data last checked: Jun 08, 2025 18:46 | Listing last modified May 29, 2025 18:52,
Source:
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Residence Information
1713
6
1
0
2
Composition
10 - 1 Story
1949
None
None
Poured Concrete
Features and Utilities
Refrigerator(s), Stove(s)/Range(s)
Wood Products
Public
Sewer Connected
Financial
2733
Cash Out, Conventional
05-23-2025
2850
Comparable Information
6
6
Cash Out, Conventional
$399,900
$399,900
May 29, 2025 18:52
Schools
Elementary : Buyer To VerifyN/ARatings Middle : Buyer To Verify N/ARatings High : Buyer To VerifyN/ARatings
Investor opportunity! This income-producing 6-bedroom home, located just blocks from the lake, is a turnkey investment you don’t want to miss. Currently rented as an Oxford House at $2,850 per month, it provides consistent cash flow and benefits from strong rental demand in the area. With a 7.1% cap rate and long-term, stable tenants already in place, this property is an ideal addition to any portfolio. The spacious layout and prime location make it well-suited for group housing or long-term rental use. Alternatively, it could easily be converted back into a beautiful single-family home, offering great value based on its size and location. Don’t miss out on this versatile and reliable investment, call today for more information.
