All homes

$475,000

Reduced $99,900 — was $574,900

616 Columbia Avenue

Bridgeport, WA 98813

Active

Beds

—

Baths

—

Sq Ft

—

Lot

0.42 ac

Year built

1951

Type

Residential Income

Days listed

0

MLS #

2484253

About this home

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 9.8% Net Cap Rate and Gross Rent Multiplier of 6.9! 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.

Exterior features

Stucco

Schools

Elementary

Bridgeport Elem

Middle

Bridgeport Mid

High

Bridgeport High

Property details

Heating
Wall Furnace
Cooling
Window Unit(s)
Flooring
Vinyl Plank
Water source
Public
Sewer
Sewer Connected

Costs

Annual taxes
$1,850 (2026)

Estimate your monthly payment

$2,556/mo

Principal & interest
$2,402
Property taxes
$154
Loan amount $380,000

Estimate only — excludes homeowner's insurance and PMI. Rates shown are not a quote. Talk to us to connect with a lender.

Location

Bridgeport, WA 98813

Approximate location. Contact us to confirm the exact address.

Listing courtesy of CB Cascade RE - Wenatchee— Paul Harrison.Listing data courtesy of the Northwest Multiple Listing Service (NWMLS). Information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal.

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