520 Bates Street SE, Tumwater, WA 98501
- $470,000
- 1,722
- SqFt
Listing courtesy of Better Properties N. Proctor. Selling Office: John L. Scott Lacey.
- Sold Price
- $470,000
- List Price
- $499,000
- Status
- SOLD
- MLS#
- 2287782
- Closing Date
- May 30, 2025
- Days on Market
- 226
- Style
- 52 - Duplex
- Building Condition
- Good
- Finished SqFt
- 1,722
- Area Total SqFt
- 1722
- Annual Tax Ammount
- 4533.36
- Lot Size (sq ft)
- 8,850
- Sewer
- Sewer Connected
Property Description
1937 Tumwater duplex with genuine warmth and lots of character, situated nicely on a large lot. Enjoy lovely oak hardwood flooring, quaint tiled period kitchens, shared yet separated back yards with new fencing, clean and dry basement for storage, ping pong, etc. and laundry hookups. Storage in garage off the alley in back. High walkability, close to great local restaurants, grocery shopping, Tumwater Falls Park and I-5 entrance. 516 and 520 are mirror images of each other with the exception that 520 has a second bedroom upstairs with new carpeting. Both units have their own separate gas forced air furnace. 516 has a wood stove and 520 has a fireplace. Terrific location for state or capital workers.
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Additional Information
- List Date
- 2024-10-16 00:00:00
- Community
- Tumwater
- Net Operating Income
- $32,853
- Gross Adjusted Income
- $42,300
- Gross Scheduled Income
- $42,300
- Total Monthly Income
- $3,525
- Insurance Expenses
- $1,313
- Water/Sewer/Garbage Expenses
- $3,600
- Total Expenses
- $9,446
- Cap Rate
- 6.29
- Total Number of Units
- 2
- Unit Name
- 520
- Potential Terms
- Cash Out, Conventional, FHA
- Year Built
- 1937
- Roof
- Composition
- Site Features
- Cable TV, Fenced-Partially, High Speed Internet, Outbuildings, Patio, RV Parking
- Energy Source
- Electric, Wood
- School District
- Tumwater
- Elementary School
- Buyer To Verify
- Middle School
- Buyer To Verify
- High School
- Buyer To Verify
- Total Monthly Income
- $3,525
- Gross Scheduled Income
- $42,300
- Gross Adjusted Income
- $42,300
- Tax Year
- 2023
- Insurance Expense
- $1,313
- W/S/G Expenses
- $3,600
- Total Expenses
- $9,446
- Net Operating Income
- $32,853
- Cap Rate
- 6.29
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.