1 pacific Place Unit #2, Longview, WA 98632

$470,000
2
BD
1,400
SqFt

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Listing courtesy of New Spring Property Management.

List Price
$470,000
Status
ACTIVE
MLS#
2506599
Price Change
▼ $10,000 1785272132
Days on Market
99
Style
52 - Duplex
Finished SqFt
1,400
Area Total SqFt
1400
Annual Tax Ammount
2104
Lot Size (sq ft)
16,039
Sewer
Sewer Connected

Property Description

Rare chance to own a two-homes-on-one-lot property in a great location with a deep lot and strong flexibility for owner-occupants or investors. The main home offers approx. 1,200 sq ft with 3 bedrooms, 1.5 baths, new roof, new gutters, new flooring, fresh interior paint, updated bathroom, attached garage, and covered rear patio. The second home is approx. 641 sq ft with 2 bedrooms, 1 bath, plus a detached laundry room with covered walkway. A fence between the homes provides added privacy. Both homes are tenant-occupied, with lawn care and utilities included. Rental agreements available upon request. Great opportunity to live in one and rent the other or purchase as a fantastic rental property. Listing broker is owner.

Additional Information

List Date
2026-04-22 15:52:31
Community
Sunset Way
Net Operating Income
$56,268
Gross Adjusted Income
$56,268
Gross Scheduled Income
$65,413
Total Monthly Income
$3,150
Insurance Expenses
$682
Water/Sewer/Garbage Expenses
$2,960
Gross Rent Multiplier
9.55
Total Expenses
$9,145
Cap Rate
9
Total Number of Units
2
Unit Name
1
Potential Terms
Cash, Conventional, FHA, VA Loan
Year Built
1968
View
City
Roof
Composition
Electric Expenses
2309
Other Expenses
1090
Energy Source
Electric
School District
Longview
Total Monthly Income
$3,150
Gross Scheduled Income
$65,413
Gross Adjusted Income
$56,268
Tax Year
2026
Insurance Expense
$682
W/S/G Expenses
$2,960
Total Expenses
$9,145
Net Operating Income
$56,268
Gross Rent Multiplier
9.55
Cap Rate
9
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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