1519 149th Street Ct S, Spanaway, WA 98387

$565,000
1,764
SqFt

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Listing courtesy of Keller Williams Realty. Selling Office: Raintown Realty.

Sold Price
$565,000
List Price
$550,000
Status
SOLD
MLS#
2194008
Closing Date
Mar 05, 2024
Days on Market
15
Style
52 - Duplex
Finished SqFt
1,764
Area Total SqFt
1764
Annual Tax Ammount
5827.15
Lot Size (sq ft)
19,602
Sewer
Septic Tank

Property Description

House hack here, live in half rent out the other or an incredible investment opportunity with this always occupied Duplex currently rented under market value perfect opportunity for a value add. 2 bed 1 bath in each unit with attached garages convenient location close to JBLM and easy access to I-5 for commuting.

Additional Information

List Date
2024-02-19 00:00:00
Community
Spanaway
Net Operating Income
$18,203
Gross Adjusted Income
$28,200
Gross Scheduled Income
$28,200
Total Monthly Income
$2,250
Insurance Expenses
$781
Water/Sewer/Garbage Expenses
$867
Gross Rent Multiplier
19.5
Total Expenses
$9,996
Cap Rate
5
Total Number of Units
2
Unit Name
1519
Potential Terms
Cash Out, Conventional, FHA, VA Loan
Year Built
1977
Roof
Composition
Other Expenses
2520
Energy Source
Electric
School District
Bethel
Total Monthly Income
$2,250
Gross Scheduled Income
$28,200
Gross Adjusted Income
$28,200
Tax Year
2023
Insurance Expense
$781
W/S/G Expenses
$867
Total Expenses
$9,996
Net Operating Income
$18,203
Gross Rent Multiplier
19.5
Cap Rate
5
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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