1765 Linwood Avenue SW, Tumwater, WA 98512

$711,000
3,208
SqFt

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Listing courtesy of RE/MAX Parkside Affiliates. Selling Office: RE/MAX Parkside Affiliates.

Sold Price
$711,000
List Price
$775,000
Status
SOLD
MLS#
2186221
Closing Date
Apr 01, 2024
Days on Market
72
Style
54 - 4-Plex
Building Condition
Good
Finished SqFt
3,208
Area Total SqFt
3208
Annual Tax Ammount
5923
Lot Size (sq ft)
17,424
Sewer
Septic Tank

Property Description

TUMWATER 4-PLEX IN GREAT AREA - Close to Tumwater, schools, COSTCO, WALMART, HOME DEPOT,... Connected to City Water. Bonus rooms in many units. Underfloor storage area (~400sf). Plenty of parking,... and room for RV parking. Nice grassy yard area. Community Laundry Room. Well maintained building, recently serviced HVAC (Carrier FA units). Units are mostly remodeled (see photos). All existing tenants on M2M. Current rents are below market value. Annual Gross at $54,900, and could be "$65,000+"??? 100% occupancy for years--- Very desirable area and units!

Additional Information

List Date
2024-01-20 00:00:00
Community
Tumwater
Net Operating Income
$1
Gross Adjusted Income
$1
Gross Scheduled Income
$54,900
Total Monthly Income
$4,575
Insurance Expenses
$1
Water/Sewer/Garbage Expenses
$1
Gross Rent Multiplier
1
Total Expenses
$5,928
Cap Rate
1
Total Number of Units
4
Unit Name
1765
Potential Terms
Cash Out, Conventional
Year Built
1941
View
Territorial
Roof
Composition
Site Features
Cable TV, Fenced-Partially, Gas Available, Patio, RV Parking
Electric Expenses
1
Other Expenses
1
Energy Source
Electric, Natural Gas
School District
Tumwater
Elementary School
Michael T Simmons El
Middle School
Tumwater Mid
High School
A G West Black Hills
Total Monthly Income
$4,575
Gross Scheduled Income
$54,900
Gross Adjusted Income
$1
Tax Year
2023
Insurance Expense
$1
W/S/G Expenses
$1
Total Expenses
$5,928
Net Operating Income
$1
Gross Rent Multiplier
1
Cap Rate
1
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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