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Listed price in listed location currency (USD).
$574,900

000

MLS® 2484253

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size -
Garage No
Taxes $1,850
Days Active 4
Lot Size 0.42 acres
Approx. Age 1951
MLS® Number 2484253

Property Address: 616 Columbia Ave, Bridgeport, WA, 98813-9809

Average square foot calculated using Size range provided by listing agent.

Description

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.
MLS® Number2484253
Laundry Level
Central VacNo
FireplaceNo
Acreage0.42
Exterior
GarageNo
Approx. Age1951
Basement
Driveway
Garage Spaces0
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Feb 24, 2026List Date
$574,900List Price
  • Commute

Commute

Starting Address
Destination Address
616 Columbia Ave, Bridgeport, WA

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