5616 5618 80th Street E, Puyallup, WA 98371
- $675,000
- 3,586
- SqFt
Listing courtesy of Redfin. Selling Office: eXp Realty.
- Sold Price
- $675,000
- List Price
- $675,000
- Status
- SOLD
- MLS#
- 2164451
- Closing Date
- Feb 15, 2024
- Days on Market
- 85
- Style
- 52 - Duplex
- Finished SqFt
- 3,586
- Area Total SqFt
- 3586
- Annual Tax Ammount
- 7113
- Internet Provider
- Comcast
- Lot Size (sq ft)
- 18,000
- Sewer
- Septic Tank
Property Description
Explore an exceptional investment opportunity in Puyallup! We’re proud to present an impeccably maintained duplex with fresh updates including a newer roof installed in 2021, new interior paint & entirely new flooring throughout. These units also include attached garage parking & ample yard space for gardening & outdoor living. Unit 5616 boasts approximately 1,200 sq.ft of living space, 2 bedrooms & 1 ¾ bathrooms. Current rent is $2,000/mo Unit 5618 offers approximately 2,300sq.ft. of living space, 4bds/2 1/4ba and will be ready for owner-occupancy soon offering a unique opportunity to live onsite & manage your investment property closely! With a profitable cap Rate & GRM, this duplex is an excellent addition to your real estate portfolio.
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Additional Information
- List Date
- 2023-11-22 00:00:00
- Community
- Puyallup
- Net Operating Income
- $37,178
- Gross Adjusted Income
- $40,827
- Gross Scheduled Income
- $48,000
- Total Monthly Income
- $4,000
- Insurance Expenses
- $1,390
- Water/Sewer/Garbage Expenses
- $2,317
- Gross Rent Multiplier
- 15.1
- Total Expenses
- $10,820
- Cap Rate
- 5.12
- Vacancy Rate
- 14
- Total Number of Units
- 2
- Unit Name
- 5616 5618
- Potential Terms
- Cash Out, Conventional
- Year Built
- 1977
- Roof
- Composition
- Site Features
- Deck, Fenced-Partially
- Energy Source
- Electric
- School District
- Franklin Pierce
- Elementary School
- Buyer To Verify
- Middle School
- Buyer To Verify
- High School
- Buyer To Verify
- Total Monthly Income
- $4,000
- Gross Scheduled Income
- $48,000
- Vacancy Rate
- 14
- Gross Adjusted Income
- $40,827
- Tax Year
- 2022
- Insurance Expense
- $1,390
- W/S/G Expenses
- $2,317
- Total Expenses
- $10,820
- Net Operating Income
- $37,178
- Gross Rent Multiplier
- 15.1
- Cap Rate
- 5.12
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.