218 169th Street E, Spanaway, WA 98387
- $595,000
- 2,688
- SqFt
Listing courtesy of RE/MAX Extra Inc.. Selling Office: eXp Realty.
- Sold Price
- $595,000
- List Price
- $614,950
- Status
- SOLD
- MLS#
- 2213480
- Closing Date
- Nov 07, 2024
- Days on Market
- 130
- Style
- 52 - Duplex
- Building Condition
- Average
- Finished SqFt
- 2,688
- Area Total SqFt
- 2688
- Annual Tax Ammount
- 5404
- Internet Provider
- Comcast
- Lot Size (sq ft)
- 14,000
- Sewer
- Sewer Connected
Property Description
Don't let this exceptional investment opportunity pass you by! Presenting a multifamily duplex w/ ADU attached. Totaling 2,688 square feet. Unit A, situated at the front, features a cozy studio layout with 1 bedroom and 1 bathroom. Unit B offers spacious living with 3 bedrooms and 1 bathroom, while Unit C, located upstairs, offers 3 bedrooms, 1 bathroom, and a slider off the primary bedroom to a deck. Both Units A and C are fenced. And Units B and C are equipped with pellet stoves. Ideally situated close to all amenities.
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Additional Information
- List Date
- 2024-06-30 00:00:00
- Community
- Spanaway
- Net Operating Income
- $42,620
- Gross Adjusted Income
- $51,420
- Gross Scheduled Income
- $51,420
- Total Monthly Income
- $4,285
- Insurance Expenses
- $1,596
- Water/Sewer/Garbage Expenses
- $1,800
- Gross Rent Multiplier
- 51420
- Total Expenses
- $8,800
- Cap Rate
- 6.76
- Total Number of Units
- 3
- Unit Name
- 218
- Potential Terms
- Cash Out, Conventional, FHA, VA Loan
- Year Built
- 1964
- Roof
- Composition, Torch Down
- Site Features
- Cable TV, Deck, Fenced-Fully, High Speed Internet, Outbuildings, Patio, RV Parking
- Energy Source
- Electric, Pellet
- School District
- Bethel
- Elementary School
- Thompson Elem
- Middle School
- Spanaway Jnr High
- High School
- Spanaway Lake High
- Total Monthly Income
- $4,285
- Gross Scheduled Income
- $51,420
- Gross Adjusted Income
- $51,420
- Tax Year
- 2024
- Insurance Expense
- $1,596
- W/S/G Expenses
- $1,800
- Total Expenses
- $8,800
- Net Operating Income
- $42,620
- Gross Rent Multiplier
- 51420
- Cap Rate
- 6.76
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.IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.