6315 6321 151st Street NW, Gig Harbor, WA 98332

$940,000
3,948
SqFt

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Listing courtesy of Keller Williams Seattle Metro. Selling Office: Windermere Abode.

Sold Price
$940,000
List Price
$999,000
Status
SOLD
MLS#
2155086
Closing Date
Dec 08, 2023
Days on Market
12
Style
54 - 4-Plex
Building Condition
Remodeled
Finished SqFt
3,948
Area Total SqFt
3948
Annual Tax Ammount
7711
Lot Size (sq ft)
84,071
Sewer
Septic Tank

Property Description

Escape to tranquility at this 4-plex nestled amidst nature on an acre+ lot. Expansive fully rented units offer modern comfort and monthly income. Enjoy multiple bedrooms, bathrooms and private patios in each unit. Recently upgraded with new roof, windows, sliders and new siding, this turnkey investment is ready to generate passive income. All 4 fully remodeled units w/ washer/dryer hookups, new elec. panels, new LVP flooring, kitchens, and bathrooms secure excellent returns on this investment property. Unlock more potential by finishing the 750+ sq ft. basement (w/ tall ceilings) for extra rental income. Experience the peaceful setting and lucrative possibilities today.

Additional Information

List Date
2023-11-26 00:00:00
Community
Purdy
Net Operating Income
$51,719
Gross Adjusted Income
$77,664
Gross Scheduled Income
$77,664
Total Monthly Income
$6,540
Insurance Expenses
$1,533
Water/Sewer/Garbage Expenses
$2,000
Gross Rent Multiplier
12.86
Total Expenses
$26,614
Cap Rate
5.18
Vacancy Rate
3
Total Number of Units
4
Unit Name
6315 6321
Potential Terms
Conventional
Year Built
1965
Waterfront
Yes
Roof
Composition
Site Features
Dog Run, Fenced-Partially, Patio
Electric Expenses
649
Other Expenses
14721
Energy Source
Electric
School District
Peninsula
Elementary School
Purdy Elem
Middle School
Buyer To Verify
High School
Peninsula High
Total Monthly Income
$6,540
Gross Scheduled Income
$77,664
Vacancy Rate
3
Gross Adjusted Income
$77,664
Tax Year
2023
Insurance Expense
$1,533
W/S/G Expenses
$2,000
Total Expenses
$26,614
Net Operating Income
$51,719
Gross Rent Multiplier
12.86
Cap Rate
5.18
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.
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