507 &509 2nd Avenue SE, Pacific, WA 98047
- $555,000
- 1,500
- SqFt
Listing courtesy of Timber Real Estate. Selling Office: eXp Realty.
- Sold Price
- $555,000
- List Price
- $575,000
- Status
- SOLD
- MLS#
- 2270082
- Closing Date
- Aug 28, 2024
- Days on Market
- 1
- Style
- 52 - Duplex
- Finished SqFt
- 1,500
- Area Total SqFt
- 1500
- Annual Tax Ammount
- 4921
- Lot Size (sq ft)
- 6,720
- Sewer
- Sewer Connected
Property Description
Looking for an amazing investment or the perfect house hacking opportunity? Check out this duplex in South King County. Each unit features two good-sized bedrooms, a bathroom, plenty of storage, and a carport! This building has plenty of interior and exterior storage. Unit 509 has been recently remodeled with new cabinets and counters, flooring, paint, and a bathroom vanity. It’s currently occupied. Unit 507 is available for you or place your own great tenants. It is well maintained and has the opportunity for a refresh or remodel. Both units include all appliances including in-unit washer and dryer. An easy-to-maintain yard and freshly painted exterior allow for a quick jumpstart into your next investment!
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Additional Information
- List Date
- 2024-08-27 00:00:00
- Community
- Pacific
- Net Operating Income
- $33,239
- Gross Adjusted Income
- $41,040
- Gross Scheduled Income
- $43,200
- Total Monthly Income
- $3,600
- Water/Sewer/Garbage Expenses
- $2,880
- Gross Rent Multiplier
- 13
- Total Expenses
- $7,801
- Cap Rate
- 6
- Vacancy Rate
- 5
- Total Number of Units
- 2
- Unit Name
- 507 &509
- Potential Terms
- Cash Out, Conventional, FHA, VA Loan
- Year Built
- 1970
- View
- Territorial
- Roof
- Composition
- Energy Source
- Electric
- School District
- Auburn
- Elementary School
- Buyer To Verify
- Middle School
- Buyer To Verify
- High School
- Buyer To Verify
- Total Monthly Income
- $3,600
- Gross Scheduled Income
- $43,200
- Vacancy Rate
- 5
- Gross Adjusted Income
- $41,040
- Tax Year
- 2024
- W/S/G Expenses
- $2,880
- Total Expenses
- $7,801
- Net Operating Income
- $33,239
- Gross Rent Multiplier
- 13
- 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.