616 Columbia Avenue

Bridgeport, WA 98813

  • Bed

  • Bath

  • 4228 SqFt

  • 141 DOM

  • Built: 1951

  • Status: Active

$574,900

X

616 Columbia Avenue

Bridgeport 98813

$574900

  • Bed

  • Bath

  • 4228 SqFt

  • 141 DOM

  • Built: 1951

  • Status: Active

Krishna Regupathy

Principal Broker

(503) 893-8874

Multifamily Investment Opportunity in Bridgeport with solid financials. Currently fully rented, this recently remodeled seven-unit apartment complex offers impressive returns with a strong 9.8% Net Cap Rate and tremendous 7.75% Gross Rent Multiplier! New improvements include a brand new TPO roof, interior remodels to units, and new exterior paint. Low operating costs and cheap utilities make this a high-efficiency investment. With the building totaling 4,228 square feet of one-level living, this property also features a shared laundry room and large backyard which includes a versatile 416 square foot shop for storage or additional income. Located in a central area of Washington with stable rental demand. Ideal for investors seeking reliable cash flow and long-term upside. **Seller Financing Available** With reasonable financing terms from the Seller, you can acquire this great income-producing property AND keep the mortgage off your books, bureaus, ratios, etc. Leases and Financials available upon request.

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