8012 116th Street E, Puyallup, WA 98373

$639,950
2,142
SqFt

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Listing courtesy of Windermere RE/Lake Tapps, Inc. Selling Office: Marketplace Sotheby's Int Rty.

Sold Price
$639,950
List Price
$639,950
Status
SOLD
MLS#
2244395
Closing Date
Aug 12, 2024
Days on Market
20
Style
52 - Duplex
Building Condition
Good
Finished SqFt
2,142
Area Total SqFt
2142
Annual Tax Ammount
6002
Lot Size (sq ft)
17,721
Sewer
Septic Tank

Property Description

Meticulously maintained Rambler duplex in Puyallup! This well laid out property has 2 bed 1.75 baths, a large family room, kitchen with eating space & tons of counter space. Each unit has a 2 car attached garage, individual laundry rooms, and fenced back yards with a full patio for BBQing & hosting! One unit has been fully updated with vinyl flooring, fresh carpet & fresh paint! The exterior was freshly painted & a new roof done in 2018. Tons of driveway parking. Great opportunity to be owner occupied or to pick your tenants! Great location, easy access to 512, shopping, restaurants, parks & so much more! Perfect for a first time buyer or an experienced investor!

Additional Information

List Date
2024-07-23 00:00:00
Community
South Hill
Net Operating Income
$34,400
Gross Adjusted Income
$43,200
Gross Scheduled Income
$43,200
Total Monthly Income
$3,050
Insurance Expenses
$1,000
Water/Sewer/Garbage Expenses
$960
Gross Rent Multiplier
14.81
Total Expenses
$7,962
Cap Rate
5.5
Total Number of Units
2
Unit Name
8012
Potential Terms
Cash Out, Conventional, FHA, VA Loan
Year Built
1990
Roof
Composition
Site Features
Cable TV, Fenced-Fully, Patio
Energy Source
Electric
School District
Puyallup
Total Monthly Income
$3,050
Gross Scheduled Income
$43,200
Gross Adjusted Income
$43,200
Tax Year
2024
Insurance Expense
$1,000
W/S/G Expenses
$960
Total Expenses
$7,962
Net Operating Income
$34,400
Gross Rent Multiplier
14.81
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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