1581 Estate Place, Fircrest, WA 98466

$865,000
3,360
SqFt

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Listing courtesy of Windermere RE/Lake Tapps, Inc. Selling Office: eXp Realty.

Sold Price
$865,000
List Price
$899,000
Status
SOLD
MLS#
2182797
Closing Date
Jan 29, 2024
Days on Market
40
Style
52 - Duplex
Building Condition
Good
Finished SqFt
3,360
Area Total SqFt
3360
Annual Tax Ammount
8949
Lot Size (sq ft)
5,834
Sewer
Sewer Connected

Property Description

Location and opportunity presents itself for a quality investment property, multi-generational living, or owner occupied rental. This spacious, custom built, duplex has over 1,650 sq ft of living space on each side w/ a comfortable open floor plan. Main level includes a kitchen that opens to a large family room w/gas fireplace. Also on main level is a powder room & separate light-filled den w/ delightful bay window. Upstairs are 3 nice size bedrooms, 2 full bathrooms and laundry. Each unit comes with an extra-deep, oversized 2 car garage. Duplex is ideally situated at the end of a cul-de-sac that backs up to a beautiful nature preserve, creating a peaceful, quiet living environment. Highly rated University Place school district, too!

Additional Information

List Date
2023-12-20 00:00:00
Community
Fircrest
Net Operating Income
$49,211
Gross Adjusted Income
$59,340
Gross Scheduled Income
$59,340
Total Monthly Income
$4,945
Insurance Expenses
$1,000
Gross Rent Multiplier
15.5
Total Expenses
$10,129
Cap Rate
5.3
Total Number of Units
2
Unit Name
1581
Potential Terms
Cash Out, Conventional, FHA
Year Built
2004
View
Territorial
Roof
Composition
Site Features
Cable TV, Deck, High Speed Internet, Patio
Other Expenses
180
Energy Source
Electric, Natural Gas
School District
University Place
Total Monthly Income
$4,945
Gross Scheduled Income
$59,340
Gross Adjusted Income
$59,340
Tax Year
2023
Insurance Expense
$1,000
Total Expenses
$10,129
Net Operating Income
$49,211
Gross Rent Multiplier
15.5
Cap Rate
5.3
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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