16122 to 16124 Prairie Heights Street SE, Yelm, WA 98597
- $665,000
- 2,733
- SqFt
Listing courtesy of Berkshire Hathaway HS NW. Selling Office: HomeSmart Real Estate Assoc.
- Sold Price
- $665,000
- List Price
- $670,000
- Status
- SOLD
- MLS#
- 2230934
- Closing Date
- Dec 30, 2024
- Days on Market
- 147
- Style
- 52 - Duplex
- Finished SqFt
- 2,733
- Area Total SqFt
- 2733
- Annual Tax Ammount
- 4001
- Internet Provider
- Xfinity
- Lot Size (sq ft)
- 7,568
- Sewer
- Sewer Connected
Property Description
Welcome to your new investment opportunity!!! This townhome style duplex is situated on a peaceful, fully-fenced level lot. Each unit spans 1,366 sqft featuring a convenient layout with 3 bedrooms, 2.5 baths, a full-sized kitchen, dining room, family room, primary ensuite, private patio and 1-car garage. The duplex was recently updated (2019) with NEW flooring, NEW light fixtures, NEW cabinets, NEW Granite countertops & MORE! Fantastic investment opportunity with instant income from current tenants, 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!
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Additional Information
- List Date
- 2024-08-05 00:00:00
- Community
- Yelm
- Net Operating Income
- $42,281
- Gross Adjusted Income
- $47,687
- Gross Scheduled Income
- $48,860
- Total Monthly Income
- $4,055
- Insurance Expenses
- $1,405
- Gross Rent Multiplier
- 14
- Total Expenses
- $5,406
- Cap Rate
- 6.2
- Vacancy Rate
- 2
- Total Number of Units
- 2
- Unit Name
- 16122
- Potential Terms
- Cash Out, Conventional, FHA, USDA Loan, VA Loan
- Year Built
- 1995
- Roof
- Composition
- Site Features
- Cable TV, Fenced-Fully, High Speed Internet, Patio
- Energy Source
- Electric
- School District
- Yelm
- Total Monthly Income
- $4,055
- Gross Scheduled Income
- $48,860
- Vacancy Rate
- 2
- Gross Adjusted Income
- $47,687
- Tax Year
- 2024
- Insurance Expense
- $1,405
- Total Expenses
- $5,406
- Net Operating Income
- $42,281
- Gross Rent Multiplier
- 14
- Cap Rate
- 6.2
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.