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.
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