4815 NE Hazel Dell Avenue, Vancouver, WA 98663

$1,100,000
5,595
SqFt

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Listing courtesy of TEC Real Estate Inc..

List Price
$1,100,000
Status
ACTIVE
Days on Market
0
MLS#
2575909
Subtype
Residential Income
Style
55 - 5-9 Units
Year Built
1900
Living Area
5,595
Lot Size
21,780
Acres
0.50
Subdivision
Vancouver
Neighborhood
Vancouver
MLS Area Major
City Center West

Property Description

Rare 6-unit investment opportunity in Vancouver. (4815 - Cottage, 4817 - House & 4819 - 4 Plex) Property includes a two-story four-plex (4819 Hazel Dell Ave), a detached cottage (4815 Hazel Dell Ave) with carport, and a two-story home (4817 Hazel Dell Ave) with an unfinished 1,127 sq ft basement (not counted in total square footage). Two of the units in the 4-plex and the cottage have been updated. All units are occupied with many of the rents well below market, offering significant upside through renovation or repositioning. One unit has been updated; others are in serviceable condition. Owner pays electric for Unit #2, which also supplies hot water to all units. Located on a ½-acre R-18 zoned lot just off Main Street with excellent access to amenities. Strong maintenance and rental history. May qualify for Clark County’s affordable housing rehab tax relief program (up to 7 years of exemption—buyer to verify). Sold AS-IS.

Additional Information

Exterior Features
Brick, Wood Products
Property Description
55 - 5-9 Units
Heating
Baseboard
Air Conditioning
None
Roof
Composition
School District
Vancouver
Elementary School
Lincoln Elementary
Middle School
Discovery Middle
High School
Hudson's Bay High
View
Territorial
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Calculator source: Real Geeks