35615 to 35617 94th Avenue S, Roy, WA 98580

$540,000
2,004
SqFt

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Listing courtesy of Berkshire Hathaway HS NW. Selling Office: Realty One Group Pacifica.

Sold Price
$540,000
List Price
$550,000
Status
SOLD
MLS#
2218040
Closing Date
May 20, 2024
Days on Market
17
Style
52 - Duplex
Finished SqFt
2,004
Area Total SqFt
2004
Annual Tax Ammount
4554
Lot Size (sq ft)
22,216
Sewer
Septic Tank

Property Description

Seize the opportunity with this income producing gem!!!! Nestled at the end of a tranquil dead-end street, this rambler style duplex is situated on a large level lot. Each move-in-ready unit spans 1,002 square feet featuring a convenient layout with 2 bedrooms, 1.75 baths, a full-sized kitchen, dining room, living room, vaulted ceilings, primary ensuite, skylights and 1-car garage. Recent updates include: Exterior paint (2021) NEW roof (2019) & NEW carpet/pad in 35617 (2023). Fantastic investment opportunity, or perfect for an owner to occupy one unit and rent out the other side. Enjoy the peace of a rural setting while being conveniently close to JBLM, schools, shopping & parks. Don’t let this opportunity pass you by!

Additional Information

List Date
2024-05-03 00:00:00
Community
McKenna
Net Operating Income
$31,179
Gross Adjusted Income
$38,400
Gross Scheduled Income
$39,600
Total Monthly Income
$3,300
Insurance Expenses
$1,200
Water/Sewer/Garbage Expenses
$1,875
Gross Rent Multiplier
13.9
Total Expenses
$7,629
Cap Rate
5.7
Vacancy Rate
2
Total Number of Units
2
Unit Name
35615 to 35617
Potential Terms
Cash Out, Conventional, FHA, VA Loan
Year Built
1991
Roof
Composition
Site Features
Cable TV, Fenced-Partially, Outbuildings, Patio
Energy Source
Electric
School District
Yelm
Total Monthly Income
$3,300
Gross Scheduled Income
$39,600
Vacancy Rate
2
Gross Adjusted Income
$38,400
Tax Year
2024
Insurance Expense
$1,200
W/S/G Expenses
$1,875
Total Expenses
$7,629
Net Operating Income
$31,179
Gross Rent Multiplier
13.9
Cap Rate
5.7
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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