3541 49th Avenue SW Unit #A & B, Tumwater, WA 98512

$575,000
1,662
SqFt

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Listing courtesy of NextHome Northwest Group. Selling Office: John L Scott Olympia.

Sold Price
$575,000
List Price
$575,000
Status
SOLD
MLS#
2179100
Closing Date
Dec 13, 2023
Days on Market
3
Style
52 - Duplex
Building Condition
Good
Finished SqFt
1,662
Area Total SqFt
1662
Annual Tax Ammount
2772
Internet Provider
Xfinity
Lot Size (sq ft)
30,692
Sewer
Septic Tank

Property Description

Attractive single story duplex w/country setting on .70 of an acre. The Duplex has been well cared for w/updates in both units. Unit B has newer laminae floor, new kitchen cabinets, counters, stainless appliances, new doors & light fixtures. Unit A also has newer laminate floors, fresh interior paint, new light fixtures, new frige, interior doors & new carpets. Both units offer rear covered patio space for extended outdoor living, individual garages plus interior laundry rooms. There is also a newer outbuilding w/vaulted ceiling, power & heat making this the perfect in-home office, hobby space or heated storage. The parcel offers room for a shop or 2nd garage. Always rented. Unit B pays for the elect for the well which is approx $10/mo.

Additional Information

List Date
2023-12-10 00:00:00
Community
Black Lake
Net Operating Income
$38,019
Gross Adjusted Income
$43,068
Gross Scheduled Income
$44,400
Total Monthly Income
$3,700
Insurance Expenses
$837
Water/Sewer/Garbage Expenses
$540
Gross Rent Multiplier
12.95
Total Expenses
$5,049
Cap Rate
7
Vacancy Rate
3
Total Number of Units
2
Unit Name
3541
Potential Terms
Cash Out, Conventional, VA Loan
Year Built
1974
View
Territorial
Roof
Composition
Site Features
Cable TV, Fenced-Partially, High Speed Internet, Outbuildings, Patio, RV Parking, Shop
Other Expenses
900
Energy Source
Electric
School District
Tumwater
Elementary School
Black Lake Elem
Middle School
Tumwater Mid
High School
A G West Black Hills
Total Monthly Income
$3,700
Gross Scheduled Income
$44,400
Vacancy Rate
3
Gross Adjusted Income
$43,068
Tax Year
2023
Insurance Expense
$837
W/S/G Expenses
$540
Total Expenses
$5,049
Net Operating Income
$38,019
Gross Rent Multiplier
12.95
Cap Rate
7
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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