3805 3807 73rd Avenue Ct NW, Gig Harbor, WA 98335

$732,500
2,888
SqFt

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Listing courtesy of Windermere Professional Prtnrs. Selling Office: Skyline Properties, Inc..

Sold Price
$732,500
List Price
$738,000
Status
SOLD
MLS#
2213697
Closing Date
May 09, 2024
Days on Market
30
Style
52 - Duplex
Building Condition
Good
Finished SqFt
2,888
Area Total SqFt
2888
Annual Tax Ammount
6017
Lot Size (sq ft)
17,500
Sewer
Septic Tank

Property Description

Spacious duplex in the Artondale neighborhood, tucked away on a quiet cul-de-sac. Each unit has been well maintained inside and out and features a private backyard and generously sized bedrooms. The photos are of 3807, but both sides of the duplex have identical layouts and the finishes are similar. There has also been a zero vacancy rate over the last two years!! This is a great opportunity to live in one side and rent the other, and it can also be purchased as part of a package deal, with the option to buy the two adjacent duplexes in the cul-de-sac (MLS# 2213621).

Additional Information

List Date
2024-04-09 00:00:00
Community
Artondale
Net Operating Income
$35,158
Gross Adjusted Income
$42,000
Gross Scheduled Income
$42,000
Total Monthly Income
$3,500
Insurance Expenses
$825
Gross Rent Multiplier
17.6
Total Expenses
$6,842
Cap Rate
4.76
Total Number of Units
2
Unit Name
3805 3807
Potential Terms
Cash Out, Conventional, FHA
Year Built
1997
Roof
Composition
Site Features
Fenced-Partially
Energy Source
Electric
School District
Peninsula
Elementary School
Artondale Elem
Middle School
Kopachuck Mid
High School
Gig Harbor High
Total Monthly Income
$3,500
Gross Scheduled Income
$42,000
Gross Adjusted Income
$42,000
Tax Year
2024
Insurance Expense
$825
Total Expenses
$6,842
Net Operating Income
$35,158
Gross Rent Multiplier
17.6
Cap Rate
4.76
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.
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