Brand new roof on this Multifamily Investment Opportunity in Bridgeport with solid financials. Currently fully rented, this seven-unit apartment complex offers impressive returns with a STRONG 11.3% Net Cap Rate and TREMENDOUS Gross Rent Multiplier of 6.7! New improvements include a brand new commercial-grade TPO roof, interior remodels to three units, and new exterior paint. Lower 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 massive garden the tenants tend to. 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, credit bureaus, debt to income ratios, etc. Leases and Financials available upon request. No Seller Equity Contract or Seller as Secondary Lein position Terms will be accepted whatsoever.
| MLS # | 2484253 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Pending Feasibility |
| Year | 1951 |
| Days On Site | 212 |
| Listing Provided By | CB Cascade RE - Wenatchee | Paul Harrison |
| SQ Feet | 4,228 |
|---|---|
| Story(s) | 1 |
| Units | 7 |
| Acreage | 0.42 |
| Property | 1850 |
|---|
| State | WA |
|---|---|
| County | Douglas |
| City | Bridgeport |
| Zip Code | 98813 |
| Area | 968 Bridgeport |
| Community Name | Bridgeport |
| School District | Bridgeport High |
| Elementary School | Bridgeport Elem |
| High School | Bridgeport High |
| Listing VS Median (in Bridgeport) | |
Price: $475,000 low | high Med: $837,450 sqft: 4,228 low | high Med: 2,130 $ / sqft: $112 low | high Med: $942 On site: 212 low | high Med: 311 | |
| State | WA |
|---|---|
| County | Douglas |
| City | Bridgeport |
| Zip Code | 98813 |
| Area | 968 Bridgeport |
| Community Name | Bridgeport |
| School District | Bridgeport High |
| Elementary School | Bridgeport Elem |
| High School | Bridgeport High |
| Listing VS Median (in Bridgeport) | |
Price: $475,000 low | high Med: $837,450 sqft: 4,228 low | high Med: 2,130 $ / sqft: $112 low | high Med: $942 On site: 212 low | high Med: 311 | |