1010 34th Avenue NW, Gig Harbor, WA 98335
- $1,225,000
- 4,032
- SqFt
Listing courtesy of RE/MAX Exclusive. Selling Office: RE/MAX Exclusive.
- Sold Price
- $1,225,000
- List Price
- $1,295,000
- Status
- SOLD
- MLS#
- 2235058
- Closing Date
- Sep 26, 2024
- Days on Market
- 57
- Style
- 54 - 4-Plex
- Building Condition
- Remodeled
- Finished SqFt
- 4,032
- Area Total SqFt
- 4032
- Annual Tax Ammount
- 8028
- Internet Provider
- Xfinity
- Lot Size (sq ft)
- 32,234
- Sewer
- Septic Tank
Property Description
Nestled in the heart of Gig Harbor's Pt. Fosdick neighborhood you will find these two fabulous duplexes! Nicely maintained, new paint 2024, new roof & septic 2018, tastefully updated over the years and always rented! All units have 2 bedrms, full bath, and sunny fenced yards with patio, 1 car garage, all appliances, and happy tenants. This is an excellent investment opportunity for the owner to occupy in the larger unit 1010 offering 1410sqft 2 beds 2 baths. The location is just south of Uptown shopping, eateries, excellent schools, and Harbor activities. Only minutes to HWY 16 and St Anthony's Hospital. Pt. Fosdick public boat launch on 10th is perfect for launching your Kayak or Fishing boat, making this a special location and investment!
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Additional Information
- List Date
- 2024-07-31 00:00:00
- Community
- Point Fosdick
- Net Operating Income
- $78,279
- Gross Adjusted Income
- $78,279
- Gross Scheduled Income
- $90,000
- Total Monthly Income
- $7,500
- Insurance Expenses
- $2,638
- Water/Sewer/Garbage Expenses
- $375
- Gross Rent Multiplier
- 14.38
- Total Expenses
- $11,721
- Cap Rate
- 6
- Total Number of Units
- 4
- Unit Name
- 1010
- Potential Terms
- Cash Out, Conventional
- Year Built
- 1974
- Roof
- Composition
- Site Features
- Cable TV, Fenced-Fully, Fenced-Partially, Gas Available, Patio, Sprinkler System
- Electric Expenses
- 480
- Other Expenses
- 200
- Energy Source
- Electric
- School District
- Peninsula
- Elementary School
- Harbor Heights Elem
- Middle School
- Goodman Mid
- High School
- Gig Harbor High
- Total Monthly Income
- $7,500
- Gross Scheduled Income
- $90,000
- Gross Adjusted Income
- $78,279
- Tax Year
- 2024
- Insurance Expense
- $2,638
- W/S/G Expenses
- $375
- Total Expenses
- $11,721
- Net Operating Income
- $78,279
- Gross Rent Multiplier
- 14.38
- Cap Rate
- 6
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.