711 13th Street SE Unit #A & B, Puyallup, WA 98372

$556,500
1,560
SqFt

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Listing courtesy of John L. Scott, Inc.. Selling Office: ZL Realty, LLC.

Sold Price
$556,500
List Price
$545,000
Status
SOLD
MLS#
2211409
Closing Date
May 03, 2024
Days on Market
2
Style
52 - Duplex
Building Condition
Good
Finished SqFt
1,560
Area Total SqFt
1560
Annual Tax Ammount
4493
Internet Provider
Comcast
Lot Size (sq ft)
18,181
Sewer
Sewer Connected
Offer Review Date
2024-03-29

Property Description

This income-generating rambler duplex nestled in the heart of Puyallup presents a lucrative opportunity for investors or owner-occupants seeking rental income. Each 780 sq ft unit offers practicality and charm. Unit A boasts two bedrooms, laminate flooring, an updated kitchen and ¾ bath. Tenant lease through 12/2024. Unit B features two bedrooms, full bath, new appliances, laminate & carpet, and a fenced side yard. Tenants month-to-month. A .42 acre lot may allow for future potential to build an additional unit (buyers to verify). With the convenience of garages and additional parking, close proximity to downtown, 512, 167 & 410, this property invites buyers to explore its possibilities. Don't miss this opportunity!

Additional Information

List Date
2024-05-01 00:00:00
Community
Puyallup Valley
Net Operating Income
$32,642
Gross Adjusted Income
$40,560
Gross Scheduled Income
$40,560
Total Monthly Income
$3,380
Insurance Expenses
$791
Water/Sewer/Garbage Expenses
$2,634
Gross Rent Multiplier
13.4
Total Expenses
$7,918
Cap Rate
6
Total Number of Units
2
Unit Name
711
Potential Terms
Cash Out, Conventional
Year Built
1967
Roof
Composition
Site Features
Deck, Fenced-Fully, High Speed Internet
Energy Source
Electric
School District
Puyallup
Elementary School
Buyer To Verify
Middle School
Buyer To Verify
High School
Buyer To Verify
Total Monthly Income
$3,380
Gross Scheduled Income
$40,560
Gross Adjusted Income
$40,560
Tax Year
2024
Insurance Expense
$791
W/S/G Expenses
$2,634
Total Expenses
$7,918
Net Operating Income
$32,642
Gross Rent Multiplier
13.4
Cap Rate
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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