Low maintenance 4-plex on a quiet Magnolia street. Two 2Br/1.5Ba units, One 2Br/1B, and One 1Br/1Ba unit. Spacious units w/ large windows and an inviting homey atmosphere. Each unit has an off-street parking spot in back alley. The two upper 2Bd/1.5Ba units have fireplaces, decks w/ territorial views, slate entryways, dishwashers, large bedrooms and ample dining areas. The one bedroom unit features a private entrance w/a large living room and breakfast bar. Speed Queen coin-op washer/dryer along w/ a storage room provide additional income for the owner. Outstanding occupancy history and tenant profiles. Easy access to downtown. Large 6,000sf lot w/ LR1 zoning and alley access for possible future development. Rents below market rate.
Property Map
From I5 Take exit 167 toward Mercer St. Right on Fairview Ave N. Left on Valley. Right on Westlake Ave N. Merge onto 15th Ave W. Right on W Dravus. Right on 21st Ave W. Property is on the left.
Listing # Courtesy of Joseph Goldberg of Lake & Company. Last Updated: January 9, 2025.
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