307 10th Avenue SE, Puyallup, WA 98372

$600,000
1,896
SqFt

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Listing courtesy of John L. Scott R.E. Lake Tapps. Selling Office: FirstPoint Real Estate LLC.

Sold Price
$600,000
List Price
$625,000
Status
SOLD
MLS#
2263161
Closing Date
Aug 05, 2024
Days on Market
7
Style
52 - Duplex
Building Condition
Remodeled
Finished SqFt
1,896
Area Total SqFt
1896
Annual Tax Ammount
4348
Internet Provider
Buyer Verify
Lot Size (sq ft)
6,200
Sewer
Sewer Connected

Property Description

Puyallup Duplex, walking distance to the Washington State Fairgrounds. Two units, 1-bed, 1 bath on main, 2-bed (efficiency) 1 bath on top. Approximately 948 SQ FT each unit (Buyer to Verify). The downstairs unit features a covered front porch, vintage wood trim molding. Upstairs unit has rear access, separate from the front unit. Upstairs has new windows & updated bath (2019/2020). The downstairs unit bathroom was completely remodeled (2018ish). Parking behind the units for 5 to 6 cars, plus possible Fair parking in the front yard/lawn. Great small town vibe walking distance to City Services, Good Sam Hospital (good candidate for “Traveling Nurse’s" $$$), groceries, coffee shops, antiques, MORE! Income numbers are proforma, expense actual.

Additional Information

List Date
2024-07-29 00:00:00
Community
Puyallup
Net Operating Income
$29,469
Gross Adjusted Income
$37,050
Gross Scheduled Income
$39,000
Total Monthly Income
$39,000
Insurance Expenses
$919
Water/Sewer/Garbage Expenses
$2,314
Gross Rent Multiplier
16.03
Total Expenses
$7,581
Cap Rate
5
Vacancy Rate
5
Total Number of Units
2
Unit Name
307
Potential Terms
Cash Out, Conventional, FHA
Year Built
1910
View
Territorial
Roof
Composition
Site Features
Deck, Fenced-Partially, Gas Available, Outbuildings, Patio, RV Parking
Energy Source
Electric
School District
Puyallup
Elementary School
Buyer To Verify
Middle School
Buyer To Verify
High School
Buyer To Verify
Total Monthly Income
$39,000
Gross Scheduled Income
$39,000
Vacancy Rate
5
Gross Adjusted Income
$37,050
Tax Year
2024
Insurance Expense
$919
W/S/G Expenses
$2,314
Total Expenses
$7,581
Net Operating Income
$29,469
Gross Rent Multiplier
16.03
Cap Rate
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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