7501 193rd Avenue E, Bonney Lake, WA 98391

$685,000
2,766
SqFt

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Listing courtesy of Windermere Abode. Selling Office: Berkshire Hathaway HS NW.

Sold Price
$685,000
List Price
$715,000
Status
SOLD
MLS#
2177333
Closing Date
Dec 16, 2023
Days on Market
6
Style
52 - Duplex
Building Condition
Good
Finished SqFt
2,766
Area Total SqFt
2766
Annual Tax Ammount
5759
Lot Size (sq ft)
9,400
Sewer
Sewer Connected
Offer Review Date
2023-11-09

Property Description

Welcome to this charming duplex in Bonney Lake, situated on a coveted corner lot just moments away from the picturesque Lake Tapps & Allen York Park, close to walking trails, playground, swim beach, paddleboard rentals & more. Thoughtfully designed layout, this property is perfect for owner-occupied homeownership for savvy first-time buyers, or an investment opportunity. Each unit has a spacious 2-car garage with ample parking & storage space, 3 beds, 2.5 baths. The spacious separate fenced yards offer privacy, space for relaxation & entertainment. Don't miss this exceptional property that checks all the boxes for savvy investment or owner-occupied homeownership & investment.

Additional Information

List Date
2023-12-10 00:00:00
Community
Bonney Lake
Net Operating Income
$14,364
Gross Adjusted Income
$39,600
Gross Scheduled Income
$39,600
Total Monthly Income
$1,197
Insurance Expenses
$964
Water/Sewer/Garbage Expenses
$4,200
Gross Rent Multiplier
18.06
Total Expenses
$10,923
Cap Rate
4
Total Number of Units
2
Unit Name
7501
Potential Terms
Cash Out, Conventional, FHA
Year Built
2008
View
Territorial
Roof
Composition
Site Features
Fenced-Fully, Gas Available, Patio
Energy Source
Electric, Natural Gas
School District
Sumner-Bonney Lake
Elementary School
Buyer To Verify
Middle School
Buyer To Verify
High School
Buyer To Verify
Total Monthly Income
$1,197
Gross Scheduled Income
$39,600
Gross Adjusted Income
$39,600
Tax Year
2022
Insurance Expense
$964
W/S/G Expenses
$4,200
Total Expenses
$10,923
Net Operating Income
$14,364
Gross Rent Multiplier
18.06
Cap Rate
4
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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