1117 2nd Avenue SW, Tumwater, WA 98512

$400,000
1,200
SqFt

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Listing courtesy of RE/MAX Parkside Affiliates. Selling Office: Keller Williams Western Realty.

Sold Price
$400,000
List Price
$410,000
Status
SOLD
MLS#
2141400
Closing Date
Nov 02, 2023
Days on Market
77
Style
52 - Duplex
Building Condition
Good
Finished SqFt
1,200
Area Total SqFt
1200
Annual Tax Ammount
2965
Internet Provider
Comcast/Xfinity
Lot Size (sq ft)
7,847
Sewer
Sewer Connected

Property Description

Great investment opportunity in a fantastic location! This duplex has been freshly painted both inside and out, new gutters and new Luxury Plank Vinyl flooring installed. Each unit has 1 bedroom, 1 bath, washer/dryer hookups and a 1 car garage! The lot is a large .18 acres with a spacious yard, loads of potential! Enjoy the vintage features of arched doorways and built-in cabinets. This Duplex is close to schools, bus lines, grocery stores, restaurants, and close to freeway access. Whether you want to rent both sides or live in one side and rent the other there are plenty of possibilities.

Additional Information

List Date
2023-08-17 00:00:00
Community
Tumwater
Net Operating Income
$26,535
Gross Adjusted Income
$26,535
Gross Scheduled Income
$30,000
Total Monthly Income
$2,500
Insurance Expenses
$700
Total Expenses
$3,665
Cap Rate
6.5
Total Number of Units
2
Unit Name
1117
Potential Terms
Cash Out, Conventional, FHA, VA Loan
Year Built
1948
Roof
Composition
Site Features
Fenced-Partially, Gas Available
Energy Source
Natural Gas
School District
Tumwater
Elementary School
Michael T Simmons El
Middle School
Tumwater Mid
High School
A G West Black Hills
Total Monthly Income
$2,500
Gross Scheduled Income
$30,000
Gross Adjusted Income
$26,535
Tax Year
2023
Insurance Expense
$700
Total Expenses
$3,665
Net Operating Income
$26,535
Cap Rate
6.5
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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