21918 to 21920 88th Avenue E, Graham, WA 98338

$529,000
1,672
SqFt

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Listing courtesy of COMPASS. Selling Office: Fathom Realty WA LLC.

Sold Price
$529,000
List Price
$529,000
Status
SOLD
MLS#
2216862
Closing Date
May 15, 2024
Days on Market
2
Style
52 - Duplex
Finished SqFt
1,672
Area Total SqFt
1672
Annual Tax Ammount
4946
Internet Provider
Xfinity
Lot Size (sq ft)
36,360
Sewer
Septic Tank

Property Description

Here’s your chance to build your rental portfolio! This well maintained duplex features 2 bedrooms/1 bath per side, 800 sqft and 1 car garage for each unit. New windows and new roof and impeccably cared for with the help of long established tenants. On nearly an acre of land (.83 acre) there’s lots of space for parking, play and entertaining. Close to meridian and 224th and all major shopping and schools. Professionally managed and maintained for over 20 years — this is a great investment with solid income.

Additional Information

List Date
2024-05-13 00:00:00
Community
Graham
Net Operating Income
$29,964
Gross Adjusted Income
$36,360
Gross Scheduled Income
$36,360
Total Monthly Income
$3,030
Insurance Expenses
$1,450
Gross Rent Multiplier
14.5
Total Expenses
$6,396
Cap Rate
5.5
Total Number of Units
2
Unit Name
21918 to 21920
Potential Terms
Cash Out, Conventional, FHA, VA Loan
Year Built
1978
Roof
Composition
Site Features
Cable TV
Energy Source
Electric
School District
Bethel
Elementary School
Buyer To Verify
Middle School
Buyer To Verify
High School
Buyer To Verify
Total Monthly Income
$3,030
Gross Scheduled Income
$36,360
Gross Adjusted Income
$36,360
Tax Year
2024
Insurance Expense
$1,450
Total Expenses
$6,396
Net Operating Income
$29,964
Gross Rent Multiplier
14.5
Cap Rate
5.5
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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