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Raymond,WA 98577
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 8,016 sqft
Price per Sqft $93
Subdivision Raymond
MLS Listing ID 2390326
Style 56 - 10+ Units
Bedrooms 3
Year Built 1959
Annual Tax Amount $1,908
Lot Size 0.270 Acres
Property Sub-Type Multi Family
Property Description
Investor Alert! Incredible value-add opportunity in the heart of Raymond! This 10-unit multi-family complex (6× 2BR/1BA + 4× 1BR/1BA) offers nearly 7,920?sq?ft of rental space across two parcels totaling 0.27 acres, including a vacant lot with expansion potential. Currently 7 of 10 units are tenant-occupied, providing immediate income with room to increase cash flow through renovations and lease-up. Features include on-site laundry, solid rental history, and proximity to schools, parks, and town amenities. Seller is open to bundling with additional multi-family properties, making this a fantastic portfolio-building opportunity.
Location
State WA
County Pacific
Area 210 - Raymond
Exterior
Exterior Feature Wood
View Y/N No
Roof Type Flat
Building
Lot Description Corner Lot,Curbs,Paved,Sidewalk
Sewer Sewer Connected
New Construction No
Schools
Elementary Schools Buyer To Verify
Middle Schools Buyer To Verify
High Schools Buyer To Verify
School District Raymond
Others
Acceptable Financing Cash Out,Conventional
Listing Terms Cash Out,Conventional