6200 Elm Street SE Unit #6202, Tumwater, WA 98501

$546,500
2,184
SqFt

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Listing courtesy of City Realty, Inc.. Selling Office: Virgil Adams Real Estate, Inc..

Sold Price
$546,500
List Price
$575,000
Status
SOLD
MLS#
2268232
Closing Date
Aug 30, 2024
Days on Market
5
Style
52 - Duplex
Finished SqFt
2,184
Area Total SqFt
2184
Annual Tax Ammount
5163
Internet Provider
Xfinity
Lot Size (sq ft)
12,407
Sewer
Sewer Connected

Property Description

This charming duplex on a corner lot has everything you've been looking for. Situated on a park-like .28 acre lot and plenty of carport and driveway parking for each unit. 2 bd, 1 bath units are adjoined by a shared laundry room with two W/D hookups. Forced air heat, gas fireplace with stone tile surround, and classic 1960s architectural elements like coved ceilings in the living rooms and decorative drywall texture. Light remodeling has been done to each unit but with some original components like cabinetry and doors. Vinyl windows throughout and plenty of natural light. Close to Tumwater shopping and freeway access!

Additional Information

List Date
2024-08-25 00:00:00
Community
Tumwater
Net Operating Income
$13,317
Gross Adjusted Income
$24,000
Gross Scheduled Income
$24,000
Total Monthly Income
$2,000
Insurance Expenses
$996
Water/Sewer/Garbage Expenses
$3,000
Gross Rent Multiplier
23.96
Total Expenses
$10,683
Cap Rate
2.3
Total Number of Units
2
Unit Name
6200
Potential Terms
Cash Out, Conventional, VA Loan
Year Built
1963
Roof
Composition
Site Features
Cable TV, Gas Available, High Speed Internet, RV Parking, Sprinkler System
Electric Expenses
1524
Energy Source
Electric, Natural Gas
School District
Tumwater
Elementary School
Peter G Schmidt Elem
Middle School
George Wash Bush Mid
High School
Tumwater High
Total Monthly Income
$2,000
Gross Scheduled Income
$24,000
Gross Adjusted Income
$24,000
Tax Year
2024
Insurance Expense
$996
W/S/G Expenses
$3,000
Total Expenses
$10,683
Net Operating Income
$13,317
Gross Rent Multiplier
23.96
Cap Rate
2.3
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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