10022 9th Avenue Ct E, Parkland, WA 98445

$435,000

Listing courtesy of Dove Realty, Inc.. Selling Office: Keller Williams West Sound.

Sold Price
$435,000
List Price
$519,900
Status
SOLD
MLS#
1516544
Closing Date
Jul 16, 2020
Days on Market
264
Style
52 - Duplex
Building Condition
Average
Annual Tax Ammount
4614
Lot Size (sq ft)
88,950
Sewer
Sewer Connected
Offer Review Date
2020-05-31

Property Description

Opportunity is knocking! Calling all investors/builders. This property offers TWO homes on TWO level acres, larger home just renovated and both homes are currently rented. Large home rent for $1395/mo, smaller home for $895.00. Or develop land with renters in place in the interim? Bring your ideas for this money maker! . Do not bother tenants Also has 480 sq ft garage and an additional out building

Additional Information

List Date
2019-10-26 00:00:00
Community
Parkland
Net Operating Income
$21,881
Gross Adjusted Income
$2,740
Gross Scheduled Income
$27,420
Total Monthly Income
$2,285
Insurance Expenses
$925
Gross Rent Multiplier
5
Total Expenses
$5,539
Cap Rate
3.9
Total Number of Units
2
Unit Name
10022
Potential Terms
Cash Out, Conventional, Private Financing Available, VA Loan, USDA Loan
Year Built
1939
Roof
Composition
School District
Franklin Pierce
Total Monthly Income
$2,285
Gross Scheduled Income
$27,420
Gross Adjusted Income
$2,740
Tax Year
2018
Insurance Expense
$925
Total Expenses
$5,539
Net Operating Income
$21,881
Gross Rent Multiplier
5
Cap Rate
3.9
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