222 Portland Court SW Unit #1 & 2, Pacific, WA 98047
- $555,000
- 1,650
- SqFt
Listing courtesy of Real Broker LLC. Selling Office: Coldwell Banker Bain.
- Sold Price
- $555,000
- List Price
- $589,999
- Status
- SOLD
- MLS#
- 2244122
- Closing Date
- Jul 30, 2024
- Days on Market
- 41
- Style
- 52 - Duplex
- Building Condition
- Good
- Finished SqFt
- 1,650
- Area Total SqFt
- 1650
- Annual Tax Ammount
- 5396
- Lot Size (sq ft)
- 12,001
- Sewer
- Sewer Connected
Property Description
** Partial owner finance available! ** This charming duplex offers an unbeatable combination of comfort and convenience. Located with easy access to the freeway for a seamless commute to both Seattle and Tacoma, this property is perfect for those who value location and ease of travel. Each unit boasts 2 bedrooms and 1 bathroom, with kitchen appliances included. Additional features include an attached one-car garage for each unit, a large front / side yard ideal for outdoor activities, and proximity to excellent amenities. This is a fantastic opportunity for both homeowners and investors. Both units are currently rented, Unit 2 is month to month and Unit 1 is set to expire 5/31/2025.
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Additional Information
- List Date
- 2024-06-19 00:00:00
- Community
- Pacific
- Net Operating Income
- $36,738
- Gross Adjusted Income
- $41,520
- Gross Scheduled Income
- $41,520
- Total Monthly Income
- $3,175
- Insurance Expenses
- $1,516
- Water/Sewer/Garbage Expenses
- $4,196
- Gross Rent Multiplier
- 14.45
- Total Expenses
- $12,752
- Cap Rate
- 6.2
- Total Number of Units
- 2
- Unit Name
- 222
- Potential Terms
- Cash Out, Conventional, FHA, VA Loan
- Year Built
- 1984
- View
- Territorial
- Roof
- Composition
- Electric Expenses
- 1644
- Energy Source
- Electric
- School District
- Auburn
- Total Monthly Income
- $3,175
- Gross Scheduled Income
- $41,520
- Gross Adjusted Income
- $41,520
- Tax Year
- 2023
- Insurance Expense
- $1,516
- W/S/G Expenses
- $4,196
- Total Expenses
- $12,752
- Net Operating Income
- $36,738
- Gross Rent Multiplier
- 14.45
- 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.