35607 to 35609 94th Avenue S, Roy, WA 98580

$540,000
2,004
SqFt

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Listing courtesy of Berkshire Hathaway HS NW. Selling Office: Gateway Real Estate.

Sold Price
$540,000
List Price
$545,000
Status
SOLD
MLS#
2184891
Closing Date
Feb 29, 2024
Days on Market
40
Style
52 - Duplex
Finished SqFt
2,004
Area Total SqFt
2004
Annual Tax Ammount
4269
Lot Size (sq ft)
35,719
Sewer
Septic Tank

Property Description

Seize the opportunity with this income producing gem!!!! Nestled on a tranquil dead-end street, this rambler style duplex is situated on a large level lot. Each move-in-ready unit spans 1,002 sqft featuring a convenient layout with 2 bedrooms, 1.75 baths, a full-sized kitchen, dining room, living room, vaulted ceilings, primary ensuite, skylights and 1-car garage. Recent updates in Unit 35607 include: NEW carpet, NEW flooring, NEW light fixtures and NEW interior paint. Fantastic investment opportunity, or perfect for an owner to occupy one unit and rent out the other side. Enjoy the peace of a rural setting while being conveniently close to JBLM, schools, shopping & parks. Don’t let this opportunity pass you by!

Additional Information

List Date
2024-01-20 00:00:00
Community
McKenna
Net Operating Income
$30,300
Gross Adjusted Income
$37,600
Gross Scheduled Income
$38,400
Total Monthly Income
$3,200
Insurance Expenses
$1,200
Water/Sewer/Garbage Expenses
$1,900
Gross Rent Multiplier
14.2
Total Expenses
$7,369
Cap Rate
5.6
Vacancy Rate
2
Total Number of Units
2
Unit Name
35607
Potential Terms
Cash Out, Conventional, FHA, VA Loan
Year Built
1990
Roof
Composition
Site Features
Cable TV, Fenced-Partially, Patio
Energy Source
Electric
School District
Yelm
Elementary School
Buyer To Verify
Middle School
Buyer To Verify
High School
Buyer To Verify
Total Monthly Income
$3,200
Gross Scheduled Income
$38,400
Vacancy Rate
2
Gross Adjusted Income
$37,600
Tax Year
2023
Insurance Expense
$1,200
W/S/G Expenses
$1,900
Total Expenses
$7,369
Net Operating Income
$30,300
Gross Rent Multiplier
14.2
Cap Rate
5.6
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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