226 Seattle Boulevard S, Pacific, WA 98047
- $950,000
- 3,496
- SqFt
Listing courtesy of KW Mountains to Sound Realty. Selling Office: Real Estate 2000 Inc..
- Sold Price
- $950,000
- List Price
- $975,000
- Status
- SOLD
- MLS#
- 2158339
- Closing Date
- Oct 05, 2023
- Days on Market
- 3
- Style
- 54 - 4-Plex
- Building Condition
- Very Good
- Finished SqFt
- 3,496
- Area Total SqFt
- 3496
- Annual Tax Ammount
- 7594
- Lot Size (sq ft)
- 12,000
- Sewer
- Sewer Connected
Property Description
Check out this desirable investment opportunity in this professionally managed and well maintained 4-Plex tucked away in Pacific, WA. These updated, large two bedroom, one bath units offer an open and efficient living area complete with fireplaces and sliders to patios or decks. Kitchens are spacious and provide ample storage, eating space, and bar stool counters. Prime access to all commuting routes, regional malls, retail, and restaurants. Building is steps away to the coveted 14-mile Interurban Trail and has plenty of parking for each unit. Potential upside in rents and numerous and recent upgrades including a new roof and windows. This 4-plex is perfect as a start-up investment or a nice add to your portfolio.
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Additional Information
- List Date
- 2023-10-02 00:00:00
- Community
- Pacific
- Net Operating Income
- $57,623
- Gross Adjusted Income
- $75,480
- Gross Scheduled Income
- $75,480
- Total Monthly Income
- $6,290
- Insurance Expenses
- $1,500
- Water/Sewer/Garbage Expenses
- $5,820
- Gross Rent Multiplier
- 12.91
- Total Expenses
- $17,857
- Cap Rate
- 5.91
- Total Number of Units
- 4
- Unit Name
- 226
- Potential Terms
- Cash Out, Conventional, FHA, VA Loan
- Year Built
- 1980
- View
- Territorial
- Roof
- Composition
- Site Features
- Cable TV, Deck
- Other Expenses
- 2943
- Energy Source
- Electric
- School District
- Auburn
- Elementary School
- Alpac Elem
- Middle School
- Olympic Mid
- High School
- Auburn Riverside Hig
- Total Monthly Income
- $6,290
- Gross Scheduled Income
- $75,480
- Gross Adjusted Income
- $75,480
- Tax Year
- 2023
- Insurance Expense
- $1,500
- W/S/G Expenses
- $5,820
- Total Expenses
- $17,857
- Net Operating Income
- $57,623
- Gross Rent Multiplier
- 12.91
- Cap Rate
- 5.91
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.