16221 -16223 72nd Avenue Ct E, Puyallup, WA 98375

$650
2,860
SqFt

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Listing courtesy of Better Properties Real Estate. Selling Office: John L. Scott, Inc.

Sold Price
$650
List Price
$725,000
Status
SOLD
MLS#
2166281
Closing Date
Dec 20, 2023
Days on Market
39
Style
52 - Duplex
Building Condition
Good
Finished SqFt
2,860
Area Total SqFt
2860
Annual Tax Ammount
7284
Internet Provider
Tenant Choice
Lot Size (sq ft)
27,002
Sewer
Sewer Connected

Property Description

Fantastic Opportunity for new or experienced investors! How about owner occupied? Unit 16223 has just a complete overhaul, new flooring throughout, new paint, new cabinets, new counters, new appliances NEW! NEW! NEW! Pictures of 16221 were taken prior to occupancy. 16223 just signed 12 month lease. 16221 will be vacant at end of month. If considering owner occupied jump now before new renter is in place. Each unit is 1430sqf with 3 bedroom, 2 full baths, fireplace, attached 2 car garage and fully fenced yard. Neighborhood mixed with rental and owner-occupied properties.

Additional Information

List Date
2023-11-11 00:00:00
Community
Puyallup
Net Operating Income
$31,016
Gross Adjusted Income
$43,080
Gross Scheduled Income
$43,080
Insurance Expenses
$1,102
Water/Sewer/Garbage Expenses
$2,004
Gross Rent Multiplier
17.41
Total Expenses
$11,467
Cap Rate
4.13
Vacancy Rate
1
Total Number of Units
2
Unit Name
16221 -16223
Potential Terms
Cash Out, Conventional, FHA, VA Loan
Year Built
1999
Roof
Composition
Site Features
Cable TV, Fenced-Fully, Patio
Other Expenses
1077
Energy Source
Electric, Natural Gas
School District
Puyallup
Elementary School
Buyer To Verify
Middle School
Buyer To Verify
High School
Buyer To Verify
Gross Scheduled Income
$43,080
Vacancy Rate
1
Gross Adjusted Income
$43,080
Tax Year
2023
Insurance Expense
$1,102
W/S/G Expenses
$2,004
Total Expenses
$11,467
Net Operating Income
$31,016
Gross Rent Multiplier
17.41
Cap Rate
4.13
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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